KUALA LUMPUR, May 28 (Bernama) -- The Sessions Court here fixed Nov 5 for the trial of National Feedlot Corporation Sdn Bhd (NFC) executive chairman Datuk Seri Mohamad Salleh Ismail, who is facing two counts of criminal breach of trust (CBT) amounting to RM49.7 million.

Judge S. M. Komathy Suppiah set 15 days for the trial to begin from Nov 5 to Nov 9, and from Dec 3 to Dec 14.

Earlier, Deputy Public Prosecutor Awang Armadajaya Awang Mahmud informed the court that both parties had to determine the agreed facts and contentious issues which the prosecution would like to challenge.

He said all documents should be confirmed before case management on Oct 8, and the defence had to shed light on what other defence documents and exhibits which they intended to produce.

Mohamad Salleh's counsel, Y. Seelan, said the defence needed more time to go through the documents.

On March 12, Mohamad Salleh, 64, was charged with misappropriating RM9,758,140 in his capacity as NFC director, to fund the purchase of two condominiums at 'One Menerung' in Bangsar between Dec 1 and 4, 2009 at CIMB Islamic Bank Bhd in Taman Tun Dr Ismail.

The second count involved a transfer of RM40 million into the account of National Meat & Livestock Corporation Sdn Bhd, of which Mohamad Salleh and one of his children were directors, between May 6 and Nov 16, 2009.

He faces between two and 20 years in prison, caning and possible fine, upon conviction under Section 409 of the Companies Act 1965.

Mohamad Salleh was also charged under Section 132(2)(a) of the same act with utilising the company assets to partially fund the purchase of the condominiums without the company's approval.

He is liable to be imprisoned for up to five years or fined RM30,000, upon conviction of both the offences.