Ex-commercial crime chief makes police report over CDS account

KUALA LUMPUR, Aug 25 – Former commercial crime director Datuk Ramli Yusuff has lodged a police report and complaint with the Securities Commission that someone might have illegally used his dormant central depository system (CDS) account to trade shares.

Ramli, 58, in his police report lodged on Aug 17 and complaint on Aug 6, stated that he opened a trading account with Kuala Lumpur Securities Sdn Bhd (now known as Alliance Investment Bank Berhad) in 1999.

However, he said he had never traded shares via the account and it remained inactive until July 14 this year, when a remisier testified in the Sessions Court that he (Ramli) owned 154,000 Permaju Industries Berhad shares and used the account to carry out the trading. - + selanjutnya

Ex-commercial crime chief makes police report over CDS account