Company fined about RM5mil for money laundering, illegal direct selling activities


PUTRAJAYA, Oct 9 (Bernama): A company selling supplementary health food products has been fined RM5.15mil for money laundering, and promoting and conducting direct sale activities without a valid licence.

According to the Domestic Trade and Consumer Affairs Ministry (KPDNHEP), Sessions Court judge Kamar Jamaludin meted out the punishment after the company pleaded guilty at the Kuala Lumpur Sessions Court on Monday.

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KPDNHEP , AMLA , direct sale , pyramid scheme , fine , company

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