The contract was to print RM5 polymer bank notes by Note Printing Australia Ltd.
Dressed in a dark suit, he calmly pleaded not guilty when the charges were read out to him at about 11am yesterday.
He was accused of receiving two bribes of RM50,000 from Abdul Kayum Syed Ahmad at Dome Restaurant, Bangsar Shopping Centre, on Dec 1, 2004, and Feb 16, 2005.
If convicted under Section 11(a) of the Malaysian Anti-Corruption Commission Act, he can be jailed up to 20 years and fined five times the bribe amount, for each charge.
Out on bail: Mohamad Daud (centre) being escorted out of the court Friday. — BernamaAccording to the Malaysian Anti-Corruption Commission, the contract was worth about RM95mil.
DPP Manoj Kurup prosecuted while lawyers Collin Goonting and J.D. Goonting stood for the accused.
The prosecution suggested a bail of RM100,000, with one surety and the defence lawyers had no objections.
Bail was granted and judge Rosbiahanin Arifin fixed Aug 2 for mention.
Mohamad Daud, who joined Bank Negara in 1975 and retired as the assistant governor on May 1, 2009, was then taken to the Shah Alam court complex for another charge.
In SHAH ALAM, businessman Abdul Kayum claimed trial at the Sessions Court to two counts of bribing Mohamad Daud with RM100,000 as an inducement to secure a contract for the printing of the RM5 polymer notes in December 2004.
Abdul Kayum, 62, pleaded not guilty before judge Asmadi Hussin.
He was charged under Section 11 (b) of the Anti-Corruption Act and faces a maximum 20 years' jail and fines five times the bribe amount.
The offences were allegedly committed at the EON Bank, Jalan Taipan in Subang Jaya on Nov 24, 2004 and Feb 15, 2005. He was arrested on July 5 last year.
DPP Manoj offered bail at RM100,000 but defence counsel Gurbachan Singh asked for RM15,000.
He said Abdul Kayum was now unemployed and had a wife and three schoolgoing children.
The court fixed bail at RM50,000 with one surety and set Aug 2 for mention.
Meanwhile Bank Negara has made it clear that it does not condone any misconduct by its employees.
“The central bank upholds the highest standards of integrity and professionalism in carrying out its roles and functions.
In a statement late yesterday evening, Bank Negara also said it had been cooperating fully with the Malaysian Anti-Corruption Commission and other agencies in their investigations.
Source : The Star
Related news : Two banknote firms and six ex-employees charged
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