Securities Commission obtains arrest warrant, seeks public help to locate former SCIB chairman

12 Mar 2026, 10:13 AM
Securities Commission obtains arrest warrant, seeks public help to locate former SCIB chairman

KUALA LUMPUR, March 12 — The Securities Commission Malaysia (SC) is seeking information from the public to locate former Sarawak Consolidated Industries Berhad (SCIB) chairman Datuk Mohd Abdul Karim Abdullah.

It had obtained a warrant of arrest against Karim, who is also a non-independent non-executive director, in connection with an offence under Section 396(b)(B) of the Capital Markets and Services Act 2007.

The section relates to the submission of false statements to Bursa Malaysia Securities Berhad concerning the company’s affairs.

“Mohd Abdul Karim was previously charged by the SC in 2021 over the provision of false information in the financial statements of Serba Dinamik Holdings Berhad.

“However, the matter was resolved through a compound after the Public Prosecutor accepted his representation, with Mohd Abdul Karim being imposed a compound of RM3 million,” the SC said in a statement today.

Members of the public with information on Karim’s whereabouts are urged to contact the commission via 012-6112496 or email aduan@seccom.com.my.

“His last known address is No. 35, Jalan Hijau Pelangi U9/51, The Lake Garden Villas Cahaya SPK, Section U9, 40150 Shah Alam, Selangor, as well as residential unit No. 3401, 345 at Burj Khalifa, Dubai, the United Arab Emirates,” it concluded.

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