The misanalysis of Section 403 of the Penal Code by the Court of Appeal has led to Syed Saddiq Syed Abdul Rahman’s acquittal from a funds misappropriation charge in June this year, the Federal Court heard today.

Deputy public prosecutor Ahmad Akram Gharib submitted that the Court of Appeal’s judgment involving the section was wrong from the start, given that it analysed the offence as “conversion of funds for own use” instead of “funds misappropriation”, as spelt out in the provision.

This, he added...