TH Plantations Bhd (THP) CEO Mohamed Zainurin Mohamed Zain and CFO Marliyana Omar have been served with show cause letters, relating to alleged unauthorised payments of RM5.1 million made to plantation workers.

Zainurin has also been placed on garden leave commencing from the date of issuance of the show cause letter until further notice, the group said in a filing with Bursa Malaysia today.

Marliyana, however, has chosen to tender her resignation with immediate effect, it added.

“The company shall continue its business as usual. In the interim, the functions of the CEO shall be assumed by a temporary board committee known as the board executive committee (board exco) of THP, until further notice,” it said.

The composition of the board exco consists of THP chairperson Ahmad Kushairi Din, THP independent non-executive director Kasmuri Sukardi, non-independent non-executive director Nor Adila Ismail, and COO Alikamal Abu Hassan.

- Bernama

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