PETALING JAYA: A former Royal Gold investment company director claimed trial at a Sessions Court here to two counts of illegal deposit taking amounting to RM516,700 and two counts of dishonest misappropriation amounting to RM666,700.
Datuk Yap Yee Hoo, 62, was charged with receiving a RM446,700 deposit from lawyer Tan Cheng Tat, 51, without a valid licence under Section 10 of the Financial Services Act 2013 at Wisma BU 8, Lebuh Bandar Utama, Bandar Utama, here between July and November 2014.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
