MBI Group’s Ampang store raided

  • Nation
  • Tuesday, 30 May 2017

Hauled away: KPDNKK enforcement officers removing boxes of documents from the MBI Group International office in Ampang.

AMPANG: Enforcement team from various agencies raided a store where shoppers convert their loyalty points in exchange for goods and services.

The team of 32 officers raided the M Square logistics centre, which is part of financial scheme operator MBI Group International, at around 11am yesterday.

The operation ended at about 7pm.

The logistics centre is located in Jalan Avenue 1 here.

The centre sells various products such as water purifiers, instant coffee, remote controlled cars and boats, powerbanks, massage chairs, watches, pens and bedsheets.

The raid, headed by officers from the Domestic Trade, Co-ope­ratives and Consumerism Ministry (KPDNKK), also included police offi­cers and personnel from the Com­panies Commission of Malay­sia, CyberSe­curity Malaysia and Bank Negara Malaysia.

Spot-check: Authorities conducting their duties at Mcalls on the ground floor of M Mall in Jalan Datuk Keramat, George Town.
Spot-check: Authorities conducting their duties at Mcalls on the ground floor of M Mall in Jalan Datuk Keramat,
George Town.

The team seized documents and computers for further investigation.

Khalid Tik, who is the ministry’s operations head for the consumer section of the enforcement division, said that the company was being investigated under several Acts.

Among them are the Direct Selling and Anti-Pyramid Scheme Act 1993, Financial Services Act 2013 and Companies Act 2016.

“If there are elements of wrongdoing in their business operations, we can take action under these Acts,” he told The Star.

Earlier, several customers were spotted at the premises, believed to be redeeming their points but were told by the staff that they could not do so.

A company employee also prevented the media from taking pictures.

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