KUALA LUMPUR (Bernama) -- Two individuals were charged in the Sessions Court here today for allegedly failing to cooperate with the Securities Commission Malaysia (SC) in its investigation into breaches of securities laws.
Ong Kar Kian, 38, and Amirruddin Nin, 50, were charged under Section 32(8)(a) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001 which carries a fine of up to RM3 million or a jail term of up to five years or both, if convicted.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
