According to a report, Cahya Mata Sarawak Bhd said authorities’ investigation into the alleged conflict of interest involving its deputy group chairman Datuk Seri Mahmud Abu Bekir Taib and former chief information officer Karl Vink @ Khalid Abdullah has closed and been classified as ‘no further action ’.
However, the report stated that after the group’s internal investigation concluded that the allegation involving Abu Bekir and Vink was “without basis”, Abu Bekir’s leave of absence was cancelled following the board’s request for him to stay on.
Syed Hizam’s contract as group CFO lapsed in end-August 2021. Mukhnizam Mahmud was appointed in March 2022 to serve as the acting CFO, it added.