Procurement Notices

> List of Companies and Individuals
 

Contents:

Bank Negara Malaysia established the Special Investigations Unit (SIU) in 1986 to conduct surveillance and investigate illegal financial schemes. This Unit essentially conducts search and seizure operations, and interview of witnesses to gather pertinent information towards successful prosecution of offenders.

Bank Negara Malaysia takes a serious of view of such criminal offences and those breaking the law will be investigated and prosecuted. Bank Negara Malaysia will not hesitate to take action against any illegal perpetrators.

Bank Negara Malaysia maintains close working relationships with the Attorney General's Chambers as well as with other enforcement agencies such as the Polis Diraja Malaysia, Companies Commission Malaysia, Cooperatives Commission of Malaysia, Securities Commission Malaysia, Malaysian Anti- Corruption Commission, the Royal Customs of Malaysia, Ministry of Domestic Trade, Co-operatives and Consumerism and CyberSecurity Malaysia (formerly known as National ICT Security and Emergency Response, NISER).

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Enforcement Actions by Bank Negara Malaysia

The tables below list the companies and individuals that have been charged, prosecuted and convicted for various illegal financial activities under the Banking and Financial Institutions Act (BAFIA), Exchange Control Act (ECA), Money-Changing Act (MCA) and Anti-Money Laundering and Anti-Terrorism Financing Act (AMLATFA).

A. Banking and Financial Institutions Act 1989: Section 15(1) - Use of the word 'bank' or similar name without approval

No.

Name of Case

Accused (Individual or Company Charged)

Date of Conviction

Punishment

Fine

In Default (Fine)

Imprison- ment

1.

BNI Agency, Kajang

Lo Ching Heng [B1] (510126-10-5079)

17/04/2003

RM150,000

1 year

-

Cheng Swan Choo [B2] (760804-01-6756)

Charges against B2 withdrawn on B1's admission

-

-

-

2.

BNI Agency, Johor Bharu

Hing Gee Yen (570915-10-5623)

Charges withdrawn as accused pleaded guilty on offences committed for BNI KL case

-

-

-

3.

BNI Agency, Kuala Lumpur

Hing Gee Yen (570915-10-5623)

28/02/2001

RM350,000

-

-

4.

BNI Agency Penang

Lee Choon Beng (600323-07- 5699)

01/08/2001

RM180,000

4 months

-

^back to Enforcement Actions

 

B. Banking and Financial Institutions Act 1989: Section 25(1) - Receiving, taking or accepting deposits without valid license

No.

Name of Case

Accused (Individual or Company Charged)

Date of Conviction

Punishment

Fine

In Default (Fine)

Imprison- ment

1.

Cantuman Budi Sdn Bhd

Adra?ai bin Md Amin ?(480518-01-5027)

23/03/2010

-

-

18 months

2.

Daily Management Trading

Abu Bakar bin Abdullah (510912-02-5471)

02/02/2010

RM2 million

1 year

2 years

3.

Ehwal Sepakat Sdn Bhd (3 counts)

Ghazali bin Tauhid (600206-01-5005)

13/11/2009

RM900,000

3 years

-

4.

SDF Cahaya Sdn Bhd

Afandi bin Miskam (751008-01-6507)

20/08/2009

-

-

3 years

5.

Azman Juwahir

Raji bin Muhamad (560523-01-6091)

18/10/2006

-

-

8 years

6.

Maliza Dinamik Trading

Maliza bt Chik (730426-11- 5468)

10/09/2006

RM200,000

4 months

4 years

Zulfakar Abdul Ghaffar (680521-11- 5463)

RM100,000

3 months

3 years

7.

Astromax Sdn Bhd

Mohd Nor Koeng (571229-07-5035)

19/04/2005

RM250,000

10 months

1 year

8.

Umi Essniyanti Berhad
Note :

  1. 2 separate charges
  2. Jail term to run concurrently

Umi Essniyanti binti Yaacob (761029-12-5904)

18/03/2005

RM200,000

3 months

2 ½ years

RM100,000

3 months

2 ½ years

Adin bin Ismail (650225-12-5651)

18/03/2005

RM200,000

3 months

2 ½ years

RM100,000

3 months

2 ½ years

9.

Asasi Trade & Marketing Sdn Bhd

Ahmad bin Hassan (470617-07-5253)

22/11/2004

RM500,000

1 year

1 year

10.

ACS Futures Sdn Bhd

Khairul Anuar bin
Md Khalid
(761220-01-7549)

29/10/2009
(High Court)

RM1 million 1 year 3 years
19/11/2007
(Session Court)
Acquitted & case appealed at High Court

Fakhrolzaman Al Bahsar
(670107-03-6015)

19/11/2007

RM1 million 1 year 3 years
Rosenan bin Ibrahim
(580323-03-5165)  
19/11/2007 RM500,000 6 months 1 year

Kamaruzzaman b. Kassim (640819-71-5625)

04/03/2004

-

-

3 years

11.

Faza Amal Marketing & Trading Sdn Bhd

Rusli bin Ibrahim (670730-11-5161)

19/03/2002

RM1 million

1 year

1 year

Kamaludin bin Hj. Taha (541014-01-6225)

18/09/2002

RM1 million

1 year

1 year

12.

NIR Trading Sdn Bhd

Sabariah bt Md Yusoff @Yusof (500803-03-5436)

18/09/2001

RM5 million

2 years

1 year

Mohamad Yusoff bin Sulong (490614-03-5051)

RM5 million

2 years

1 year

Irwan bin Mohamad Yusof (741114-03-5235)

RM5 million

15 months

1 year

13.

Kew Jiun Credit (M) Sdn Bhd

Loi Yaw Jiun (4816607)

07/05/1997

RM200,000

1 year

-

14.

Skim 350

Faziah bt Ismail (4717747)

11/04/1997
(appeal)

-

-

5 years

22/09/1994

RM80,000

8 months

18 months

15.

Warisan Abadi Enterprise

Mat Hassan bin Ahmad

10/06/1996

 

 

-

16.

Stockhouse Trading Sdn Bhd

Margaret Chang Pooi Yew (581204-01-6156)

08/12/1995

-

-

2 years

17.

Skim Jaafar

Jaafar bin Ahmad (2319412)

16/12/1992

RM500,000

2 years

1 year

18.

Pestama Sdn Bhd

Osman bin Hamzah (0339914)

02/03/1992

RM500,000

1 year

1 year

19.

Sri Emas Enterprise

Noorrokiah binti Ishak (4269523)

25/09/1991

RM500,000

10 months

10 months

^back to Enforcement Actions

 

C. Banking and Financial Institutions Act 1989: Section 27(A) - Advertisement for Illegal Deposit Taking

No.

Name of Case

Accused (Individual or Company Charged)

Date of Conviction

Punishment

Fine

In Default (Fine)

Imprison- ment

1. Daily Management Trading

Abu Bakar bin Abdullah
(510912-02-5471)

02/02/2010 RM500,000 16 months 1 year

2.

Umi Essniyanti Berhad

Umi Essniyanti binti Yaacob(761029-12-5904)

18/03/2005

-

-

1 year

Adin bin Ismail (650225-12-5651)

-

-

1 year

^back to Enforcement Actions

 

D. Money-Changing Act 1998: Section 4(1) - Operating money changing business without valid license

No.

Name of Case

Accused (Individual or Company Charged)

Date of Conviction

Punishment

Fine

In Default (Fine)

Imprison- ment

1.

Tunas Rupat Follow Me Express Sdn Bhd 

Lim Chee Hock (590124-04-5159)

20/01/2009

RM60,000

6 months

-

Huang Chong Huat
(701006-01-5759)

  RM60,000 6 months -

2.

KMM Mohamed Ismail

Jawahar Hassan bin Mohamed Ismail (481125-71-5449)

11/09/2008

RM60,000

6 months

-
3. No. 25, Jalan Maxwell., Rawang Mohd Yunus bin Kassim (661225-12-5081) 11/08/2005 RM10,000 2 months -

4.

Permanent Revenue Sdn Bhd

Mohamed Redzuan Adam Shah (750204-07-5323)

30/07/2004

RM40,000

1 year

-

Mohamed Furwez Adam Shah (760424-07-5789)

RM40,000

1 year

-

5.

IMC Kajang-Jayaraj

Jayaraj a/l Thatchana (570129-08-6285)

27/01/2004

RM10,000

3 days

-

6.

Libra-Ed Sdn Bhd

Abdul Malik b. A.M. Shaik Aladdin (630916-71-5167)

13/01/2004

RM20,000

1 week

-

7.

Syarikat Sri Alam Shah Alam

Bazeer Ahmed a/l Mohamed Ibrahim (560619-71-5129)

13/11/2003

RM10,000

 

-

8.

No. 28 Jalan Wong Ah Fook

Ariff Tan Abdullah (620515-04-5257)

15/10/2003

RM40,000

2 years

-

9.

Chop Kong Yick, Johor

Chiang Sui Peng (570425-01-6353)

27/06/2002

RM50,000

1 year

-

10.

Rashidiya Trading Sdn Bhd, Alor Setar

Khaleerurrahman a/l S.M.N Shaik Dawood (691009-71-5543)

16/04/2002

RM7,000

-

-

11.

Rahilah Resources, No. 62 Jln Wong Ah Fook, Johor Bahru

Omar bin Hamzah (511103-05-5317)

21/03/2002

RM45,000

2 years

-

12.

Ocean Paradise Hotel Sdn Bhd, No. 66 Jln Wong Ah Fook, Johor Bahru

Lim Meng Heng (340719-71-5201)

21/03/2002

RM20,000

1 year

-

13.

Perniagaan SangSuria No. 64 Jln Wong Ah Fook,Johor Bahru

Maznah bt Ali (651101-05-5000]

28/02/2002

RM30,000

2 years

-

Mohd Hassan b. Abdullah (450511-01-5019)

RM30,000

-

-

14.

Restoran Ramzan

Noor Mohamed Mohamad Ibrahim (541004-12-5049)

13/12/2001

RM80,000

1 year

-

15.

BNI - Agency Sg. Way

Lee Choon Beng (600323-07-5699)

16/01/2001

RM38,000

-

-

16.

Naskah Enterprise

Junaith Asharab b. Md Sharif (720419-71-5065)

11/09/2000

RM50,000

5 months

-

17.

Zack Store

Segu Nizamudin bin Hamid (710909-71-5339)

22/08/2000

RM40,000

-

-

^back to Enforcement Actions

 

E. Money-Changing Act 1998: Section 24(1) - Use of the word 'money changer' or similar name without approval

No.

Name of Case

Accused (Individual or Company Charged)

Date of Conviction

Punishment

Fine

In Default (Fine)

Imprison- ment

1.

Permanent Revenue Sdn Bhd

Mohamed Redzuan Adam Shah (750204-07-5323)

30/07/2004

RM20,000

1 year

-

Mohamed Furwez Adam Shah (760424-07-5789)

RM20,000

1 year

-

2.

Syarikat Sri Alam

Bazeer Ahmed a/l Mohamed Ibrahim (560619-71-5162)

13/11/2003

RM1,000

 

-

3.

No. 28 Jalan Wong Ah Fook

Ariff Tan Abdullah (620515-04-5257)

15/10/200

RM10,000

1 year

-

4.

Rashidiya Trading Sdn Bhd

Khaleerurrahman a/l S.M.N Shaik Dawood (691009-71-5543)

 

16/04/2002

RM8,000

 

-

 

-

 

5.

Perniagaan SangSuria No. 64 , Jln Wong Ah Fook, Johor Bahru

Maznah bt Ali (651101-05-5000)

28/02/2002

RM20,000

2 years

-

Mohd Hassan bin Abdullah (450511-01-5019)

RM20,000

-

-

6.

Bintang BNI Services

Tan Soon Chai

28/03/2001

RM60,000

6 months

-

Ng Kong Nam

RM30,000

6 months

-

^back to Enforcement Actions

 

F. Money-Changing Act 1998: Section 29(1) - Exceeding holding limit of foreign currencies of RM250,000 equivalent

No.

Name of Case

Accused (Individual or Company Charged)

Date of Conviction

Punishment

Fine

In Default (Fine)

Imprison- ment

1.

ARC Money Changers Sdn Bhd (2 counts)

ARC Money Changers Sdn Bhd (No. Syarikat: 231885-H)

24/11/2009

RM20,000

 

2 months

 
 
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Last Updated Date : 06 April 2010
 

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