Four charged with accepting deposit from public without licence


KUALA LUMPUR: A general manager and three directors of a gold investment company were charged in a Sessions Court here with accepting deposit from the public without a licence between 2011 and 2012.

Mohammad Nixon Makmor, 44, in his capacity as an officer of Pageantry Gold Sdn Bhd, is accused of accepting the deposit without a licence under Section 6(4) of the Banking and Financial Institutions Act 1989 (Act 372).

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Courts & Crime , bank negara , bafia , gold

   

Next In Nation

Two local men arrested over firebombing of entertainment outlet in Jalan Yap Kwan Seng
Entrepreneur Development Minister urges Sabahans to register as Co-opbank Pertama members
KKB polls: Go out to vote with peace of mind as safety assured, says s'gor police
Malaysia ready to strengthen ties with S'pore under incoming PM, Lawrence Wong, says Anwar
Teacher from Melaka pleads not guilty to sexual assault in Sabah
KKB polls: Voter turnout to determine winner, says Ilham Centre
Syed Saddiq applies for temporary release of passport to go to Singapore and Taiwan
Family of man killed in tree-falling incident to get Socso benefits, says Sim
Lahad Datu water surge victims’ family get donations from DPM Zahid
Mutang to be laid to rest in Miri on May 13

Others Also Read