A former employee of Standard Concrete Industries Limited appeared in the Nadi and Lautoka Magistrates Courts last week, facing charges of 21 counts of General Dishonesty – Causing a Loss, totaling $2.2 million.
Abdul Jalil Feroz, who was employed as a Quarry Manager, is accused of failing to accurately account for the monthly stock takes of aggregates between June 1, 2020, and April 30, 2021, leading to substantial stock variance losses.
It is alleged that Feroz was aware that his actions would result in losses or that there was a significant risk of causing losses to Standard Concrete Industries Limited.
Feroz appeared in the Nadi Magistrates Court yesterday morning, where he faces 11 counts of General Dishonesty – Causing a Loss. He was granted a Non-Cash Bail Bond of $5000 with strict conditions and provided a surety.
He also appeared in the Lautoka Magistrates Court, facing 10 counts of General Dishonesty – Causing a Loss. Bail was set at $1000, and he was ordered not to re-offend, surrender all travel documents, and a stop departure order was issued against him.
The case has been adjourned to August 29 for the second phase of disclosures.