A Datuk-titled businessman faces seven cheating charges over an alleged RM20 million scam involving a company stake promise.

KOTA KINABALU: A businessman with the title Datuk pleaded not guilty to seven charges of cheating a man of approximately RM20 million.

Datuk Chee Chi Vun, 52, was accused of deceiving a 75-year-old man into believing he would be granted a 45% stake in a company.

This alleged deception led the victim to hand over sums ranging from RM1 million to RM9 million via several cheques.

The offences were allegedly committed in Kota Kinabalu and Penampang between April 25 and August 30, 2022.

Chee was charged together with another individual who is still at large.

The charges fall under Section 420 of the Penal Code, which provides for imprisonment of up to 10 years, whipping, and a fine upon conviction.

Judge Zaini Fishir @ Faisal allowed bail of RM3 million in two sureties and set April 6 for mention of the case.

Deputy Public Prosecutors Faizah Mohd Salleh, Rohaiza Abd Rahman, and Eugenie Meredith Gilbert appeared for the prosecution.

Chee was represented by lawyer Dominic Chew.

 The Sun Malaysia