Need law help with Muruku Co. Ltd being a fraud

timer Asked: Jan 17th, 2016

Question description

Muruku Co. Ltd is a food supplier to a large of retail supermarket known Giagantic Co. Ltd (the supermarket). Muruku Co Ltd was approached by the supermarket who requested to 50% additional volume to muruku spice’s product together with some promotion for 1 year. However, the price charge to the supermarket are remain the same. Muruku Co. Ltd’s directors refused to enter into an agreement with the supermarket but they don’t have other choice either to follow the request or it will take effect to the actual business relationship with Giagantic Co. Ltd. Muruku Co. Ltd then met the panel lawyer ABC & Associates to seek for an advice. One of the partner of ABC & Associates suggested Muruku Co. Ltd to sign the agreement with the supermarket. This will increase numbers of demands from the customer on muruku spices product in the future. Due to the advice, Muruku Co. Ltd execute the contract. One day, Faridah one of the employee of Muruku Co. Ltd went to the supermarket to purchase some groceries. When she reached at the cashier counter, she heard the supermarket’s cashier words to the other cashier that 70% of the supermarket shares are belong to ABC & Associates. The next day. At the office, Faridah met her manager and told him what she heard at the supermarket. During the board meeting, the manager informed to the directors and they quite surprised and they felt cheated by ABC & Associates. The director then made a call to seek your advice. You as the new appointed lawyer of Muruku Co. Ltd are required to assist the company to solve their problems. Can I have some tips about what kind of FRAUD that they commit? or some cases that similar to the fact provided as above? Thank you very much!

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