The chief executive of one victim, depositor Saigonbank Berjaya Securities JSC (SBBS) - a unit of Malaysia's Berjaya Corporation Bhd - told Reuters that if the ruling was upheld, she had little hope of recouping her bank's $10 million from the perpetrator, who was sentenced to life imprisonment. "We can't afford to lose the case. This represents 70 percent of our capital. Our business may get suspended," Josephine Yei said in an interview.
PETALING JAYA: Packaging firm Versatile Creative Bhd
has sacked managing director (MD) Datuk Wong Kong Choong @ Leong Kong Choong and chief financial officer (CFO) Tan Quok Eow over a missing sum of RM2.3mil.
The company said in a filing with Bursa Malaysia on Tuesday that the duo were dismissed with immediate effect after they had failed to answer allegations made against them in show-cause letters dated Aug 13.
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