Directors fail to obtain stay and bail

  • Nation
  • Saturday, 24 Mar 2018

PUTRAJAYA: The four former directors of gold investment company Genneva Sdn Bhd have failed for the third time to obtain bail and a stay against their eight-year jail sentence for money laundering and receiving unlicensed deposits amounting to more than RM200mil.

Ng Poh Weng, 67, Datuk Marcus Yee Yuen Seng, 65, Chin Wai Leong, 41, and Liew Chee Wah, 63, made the application for stay of execution and bail pending the review hearing of their sentence.

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