Categories: Appeal, Complaints & SanctionsPublished On: 08/10/2021

Toh Seck Hoon (3692) had on 22 October 2020 been punished by the DC and imposed a fine of RM5,000.00 and costs of RM4,000.00 for committing an unprofessional conduct wherein as the accountant and auditor of the company, she had cashed out the company’s money without directors’ approval and failed to justify her reason for doing so. 

The Disciplinary Appeal Board in exercise of its powers under Section 21 of the Accountants Act 1967 [Act 94] and Rule 28 of the Malaysian Institute of Accountants (Disciplinary) Rules 2002 [P.U. (A) 229/2002] has made an order to confirm the decision of DC, that the member has to pay the fine of RM5,000.00, costs of RM4,000.00 and to pay the costs and expenses of and incidental to the deliberation by the DAB of RM1,000.00. The order of the DAB took effect on 8 October 2021.