Daniel Wong charged with abetting former MD of Multi-Code for securities fraud


KUALA LUMPUR: The Securities Commission (SC) has charged Daniel Wong Jit Kiang in the Kuala Lumpur Sessions Court with abetting the late Toh Chun Toh Gordon in defrauding Multi-Code Electronics Industries (M) Bhd amounting to RM17.6mil in 2007.

In a statement, SC said Wong had been at-large for 15 years despite numerous efforts made to locate him and two separate warrants of arrest issued against him in 2009 and 2019.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Bursa Malaysia to close for Wesak Day
Hong Leong Bank to fully subscribe to RM350mil Asean Green Bond to finance green warehousing
Coastal Contracts secures vessel sale and 5-year charter extension
TSH to seek strategic opportunities within sustainable segment
FBM KLCI ends at 3-year high
Gold hits record peak as rate-cut bets burnish appeal, silver jumps
KAB to expand its energy solutions and customer base
Oil climbs after Iran's president dies, Saudi flags issue with king's health
Bursa Malaysia introduces trading reminders in addition to UMA queries
Risk in data centre gold rush

Others Also Read