Man sentenced to 1,942 years' jail for money laundering


KUALA LUMPUR: A former company director, Lim Long Yew, was sentenced to a total of 1,942 years' jail and fined RM1.596mil by the Sessions Court Wednesday, for 481 counts of money laundering and illegal deposit-taking, involving millions four years ago.

Another accused in the case, Leong Guan Yeu, 47, also a former director of the company, was sentenced to a total of 139 years' jail and fined RM180,000 for nine counts of illegal deposit-taking and 130 counts of money laundering.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Courts , Sentenced , 1942 , Money laundering

Next In Nation

Parents: Give us more time to gauge readiness of our kids
New entry tests for Year One to be unveiled soon
RTS Bill facing tight deadline
Early Year One entry may strain schools further
Fragility hip fracture a silent killer
‘Diagnostic tests are harmless’
DIPN TO REDUCE RELIANCE ON FOREIGN TECH
DIPN will sharpen our military edge, say experts
Hip fractures to triple by 2050
Zara Quairina inquest: Ex-principal unaware of students' written statements

Others Also Read