back in early 90s









case: CBT
facts:
Aman Shah Ahmad
Hock Hua bank
RM 4.01 million
bought 7 luxury cars

It concerned a 25-year-old bank officer named Aman Shah Ahmad, who faced seven charges of siphoning RM4.01 million from Hock Hua Bank.

He was accused of dishonestly instructing the Bank Negara fund and transfer system (SPEEDS) to transmit the money into his account in Bank Bumiputra.

The most bizarre thing about the case was the testimony on how Aman Shah had led such an extravagant lifestyle. This playboy image easily gave him away.

He bought seven luxury cars worth RM3.118 million within three months — a Mazda Savanna worth RM105,000; a Mercedes Benz 300E (RM182,000); a Porsche 928 S4 (RM638,000); a Lamborghini Countach (RM1.272 million); a Porsche Carrera 4 (RM350,000); a Mercedes Benz 300 SL24 (RM502,500); and, a BMW 320i (RM68,000).

All the cars, except the BMW 320i, were registered under his name. And all the cars, except the Porsche, were paid for in cash. The Lamborghini Countach, Porsche Carrera 4 and Mercedes Benz 300 SL24 were specially flown in from London.

To give a better perspective on these purchases, a Proton Saga at that time cost only about RM30,000.

Aman Shah was eventually found guilty by the Sessions Court and sentenced to five years’ jail.