A former employee of Standard Concrete Industries Limited faced charges in the Nadi and Lautoka Magistrates Courts last week, accused of 21 counts of General Dishonesty – Causing a Loss, amounting to $2.2 million.
Between June 1, 2020, and April 30, 2021, Abdul Jalil Feroz, while employed as a Quarry Manager, allegedly failed to provide an accurate account of the monthly stock takes of aggregates, resulting in stock variance losses.
It is further alleged that Feroz was aware that these actions would result in losses or that there was a substantial risk of such losses occurring to Standard Concrete Industries Limited.
Feroz appeared in the Nadi Magistrates Court yesterday morning, facing 11 counts of General Dishonesty – Causing a Loss. He was granted a Non-Cash Bail Bond of $5000 with strict bail conditions and produced a surety.
Additionally, Feroz appeared in the Lautoka Magistrates Court, where he faces 10 more counts of General Dishonesty – Causing a Loss. He was granted bail of $1000, ordered not to re-offend, required to surrender all travel documents, and a stop departure order was issued.
The case has been adjourned to August 29 for the second phase of disclosures.