KUANTAN: A company director was sentenced to 424 years in jail and his wife to 166 years for multiple convictions of illegal deposit taking amounting to some RM180mil.
Jailani Jabar, 54, and his wife Latifah Taib, 53, both directors of Jai Network Systems Sdn Bhd, were also fined a total of RM29mil and RM21mil respectively for 189 counts of taking deposits without a licence under the Anti-Money Laundering and Anti-Terrorism Financing Act.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!