Directors fail to obtain stay and bail


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.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

News , bureaus

   

Next In Nation

Immigration Dept detains 117 people in raids on S'gor, Negri Sembilan vice dens
Death penalty for ex-UPNM students justified, says MCPF
Country needs to expand its Madani Economy Framework to grow
Opposition ‘delegates’ wanted to meet Anwar and I, says Zahid
Johor govt to launch pilot school initiative next year, says Mentri Besar
Don't make demands as if we're still dominant, Umno members told
Zahid extends condolences to Siti Zaharah’s family
Woman seeking help to find good Samaritan who rescued her when car broke down
Man missing, last seen at Sungai Besi LRT station
Tackle sentiment-based, hate politics, focus on 'service politics' to draw support, says Zahid

Others Also Read