Nasinu businessman Wenjun Lin, accused of transferring $500,000 from a mining company's account into his own business account, has been granted $10,000 cash bail by the Suva Magistrates Court.

Lin appeared before Magistrate Sufia Hamza this afternoon and was released with two sureties, each bonded for $10,000. The court also issued a Stop Departure Order against him.

As part of his bail conditions, Lin must report to the Nadi Police Station every fortnight.

He faces a charge of conversion under Section 319(1)(b) of the Crimes Act 2009.

It is alleged that between 12th December 2019 and 31st December 2021, while serving as director of Rock Hard Rock Mines and Quarries Pte Ltd, Lin fraudulently transferred $500,000 from the company into the account of Rong Fei Development Company Pte Ltd, a business he owns.

The case is scheduled for mention on 14th April 2025.