By IANS,
Kuala Lumpur : A Malaysian Indian woman entrepreneur Tuesday rejected the charge of cheating a corporate body, which she headed, and opted for a trial.
Former Maju Institute of Educational Development (MIED) CEO P. Chitrakala Vasu was charged in the Kuala Lumpur Sessions Court Tuesday with three counts of cheating
The corporate body was cheated of about RMN four million ($1.24 million).
The court allowed her bail a day after she was formally arrested and interrogated by the Malaysian Anti-Corruption Commission (MACC), Star Online, website of The Star reported.
MACC director of investigations Mustafar Ali said Chitrakala was called to the commission headquarters and was arrested when she arrived at 2.30 p.m. Monday.
It is learnt that the 39-year-old spent a couple of hours at the MACC headquarters where her statement was recorded.
MIED is the education arm of the Malaysian Indian Congress (MIC) that distributes scholarships among the ethnic Indian students.
Vasu was once close to Malaysian Indian Congress (MIC) president S. Samy Vellu. But the two fell apart over control of MIED funds.