Chew Ai Keow, a 63-year-old partner at Abbacus Cloud Solutions, was charged on September 2, 2026, in the Magistrate’s Court in George Town for assisting Penshrimp Fishery Sdn Bhd in preparing tax returns that under-reported RM2,526,144.24 in taxes [1, 2, 3].
The alleged offence occurred at the company's premises located at 105-07-07 Jalan Gurdwara, Hexagon Tech Park, Penang, between January and March 2021 [1, 2, 3]. During this period, Chew was accused of omitting sales transactions amounting to approximately RM10.68 million from the company’s sales ledger, based on bank statement records [1, 2, 3].
The under-reported tax relates to the 2020 year of assessment tax return, which Penshrimp Fishery submitted on March 25, 2021, to the Inland Revenue Board [2, 3]. Chew faces charges under Subsection 114(1A) of the Income Tax Act 1967. The penalties for this offence include a fine ranging from RM2,000 to RM20,000, imprisonment up to three years, or both [1, 2, 3].
Chew was granted bail set at RM4,000 with one surety after a defense appeal successfully reduced the initial bail amount of RM10,000 [1, 2, 3]. Prosecuting the case is Azniwati Yahya from the Inland Revenue Board, while Chew is represented by lawyer N Dylan [1, 2, 3].
Magistrate Noor Idayu Salim set the next court mention and submission of documents for October 28, 2026 [1, 2, 3].
