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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!