The Securities Commission (SC), which has prosecuted 110 people for various corporate offences since its inception in 1993, is currently investigating several new cases that could lead to similar action.
SC deputy chief executive Datin Zarinah Anwar said the number of individuals against whom action had been taken had risen more than three-fold to 86 in the past five years (1999 to 2003) from 24 in the preceding five years.
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