Gold traders sue Genneva Malaysia, Bank Negara over return of RM146mil


They named Bank Negara Malaysia as the co-defendant in the civil suit for ancillary orders to release the gold and monies which were now held as property on trust by the central bank following a raid and seizure at the company in 2012.

Lawyer Yudistra Darma Dorai said his firm has been engaged by Gold Bullion Entrepreneurs Association of Malaysia and others to assist in recovering their losses.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Nation

Sipitang flood: All flood victims allowed to return home Premium
Hew's passing a great loss to the country, says Dr Wee Premium
Malaysian-born former dolphin trainer wins Tangney MP seat in Australia polls Premium
Unsafe sex main cause of HIV/AIDS infections in M'sia Premium
Remand of couple over niece's death extended six days Premium
Allowing medical marijuana must be based on facts, evidence, says Melaka exco rep Premium
Former Warisan rep Yusof confirms returning to Umno Premium
Faulty lifts, escalators in Ampang Park LRT fully operational again, says Dr Wee Premium
Approximately RM19.8mil in lost to Macau scams in Selangor this year Premium
RM132mil funding boost for Fire and Rescue Dept Premium

Others Also Read