Court grants Bank Negara’s stay application


KUALA LUMPUR: A Sessions Court here has granted Bank Negara’s application to postpone returning the assets of the three Genneva directors and a former director acquitted recently of illegal deposit-taking involving over RM141mil.

“After going over the submissions, I am satisfied that there is a need to grant a stay against the previous order to release the pro­perties and exhibits seized,” ruled Judge Rozana Ali Yusof here yesterday.

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Courts Crime , Genneva

   

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