Companies/ Individuals

Date

Activities

Status

Related Press releases

• A joint raiding operation was conducted on Genneva Malaysia Sdn. Bhd. and its affiliates by the Royal Malaysian Police, Ministry of Domestic Trade, Cooperatives and Consumerism, Companies Commission of Malaysia and Bank Negara Malaysia for suspected offences under the laws administered by the respective enforcement agencies.
  
  
• These companies are being investigated jointly by the relevant enforcement agencies for suspected offences among which include illegal deposit taking, money laundering, tax evasion and avoidance, misrepresentation including false description and appointment of agents without licence.
  
  
• The raids on these companies were conducted at their premises in Kuala Lumpur following information received from members of the public. Relevant assets and documents of the company were seized for the purpose of investigation.

• A joint raiding was carried out on Pageantry Gold Berhad by the Royal Malaysian Police, Bank Negara Malaysia and the Ministry of Domestic Trade, Cooperatives and Consumerism for suspected offences among which could include illegal deposit taking, money laundering, tax evasion and avoidance, false description including misrepresentations and appointment of agents without licence.
  
  
• The raid on Pageantry Gold Berhad was conducted at their premises in Kuala Lumpur following information received from members of the public. Relevant assets and documents of the company were seized for the purpose of investigation.

• A joint raiding was carried out on Worldwide Far East Bhd by the Royal Malaysian Police, Bank Negara Malaysia and the Ministry of Domestic Trade, Cooperatives and Consumerism for suspected offences among which could include illegal deposit taking, money laundering, tax evasion and avoidance, false description including misrepresentations and appointment of agents without licence.
  
  
• The raid on Worldwide Far East Berhad was conducted at their premises in Kuala Lumpur following information received from members of the public. Relevant assets and documents of the company were seized for the purpose of investigation.

Caesar Gold Sdn. Bhd.

11 October 2012

• A joint raiding was carried out on Caesar Gold Sdn. Bhd. by the Royal Malaysian Police, Bank Negara Malaysia and the Ministry of Domestic Trade, Cooperatives and Consumerism for suspected offences among which could include illegal deposit taking, money laundering, tax evasion and avoidance, false description including misrepresentations and appointment of agents without licence.
  
  
• The raid on Caesar Gold Sdn. Bhd. was conducted at their premises in Kuala Lumpur following information received from members of the public. Relevant assets and documents of the company were seized for the purpose of investigation.

Ongoing Investigation

Bank Negara Malaysia Investigates Caesar Gold Sdn. Bhd.

The Gold Label Sdn Bhd

• The case was heard at High Court 3, (Criminal) Kuala Lumpur.

Bank Negara Malaysia Investigates The Gold Label Sdn Bhd

• The case was heard at High Court 3, (Criminal) Kuala Lumpur.

• The court has decided that the claimants are required to testify and provide original supporting documents in court. The hearing dates are on 27 to 30 August 2012 and 24 to 28 August 2012. The procedure of the hearing (case management) will be decided on 1 August 2012.

• Mention for submission of 3 party claims at Criminal High Court 3, Jalan Duta, Kuala Lumpur. Next mention date is on 16 July 2012.

• Next mention date is on 15 March 2012 at Criminal High Court 3, Jalan Duta, Kuala Lumpur at 9.00 am.

• The High Court has set the date,13 February 2012 for hearing and 3rd party claim. Case will be heard at High Court 3, Jalan Duta, Kuala Lumpur at 9.00 a.m.

• The High Court has set the date, 13 February 2012 for hearing and 3rd party claim.

• Trial for application of civil forfeiture under S56(1) of AMLATFA is still ongoing. The High Court has yet to set the date for 3rd party claim.

• The High Court has set the hearing date on 21 October 2011

• Bank Negara Malaysia has completed investigation under AMLATFA and filed for civil forfeiture under S.56(1) of AMLATFA at the Kuala Lumpur High Court.

7 May 2010

• Bank Negara Malaysia has commenced investigations into The Gold Label Sdn Bhd under Section 25(1) Banking and Financial Institutions Act 1989 (BAFIA) and Section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).
• The raid on The Gold Label Sdn Bhd was conducted yesterday at its premises in Northpoint Offices, Tower A Mid Valley City, Kuala Lumpur following complaints received from members of the public. Relevant assets and documents of the company were seized for purpose of investigation.

Ongoing Investigation

Dencomm Sales & Services Sdn Bhd

23 – 24 Oct 2012, 5 – 8 Nov 2012 & 19 – 21 Nov 2012

• The case was heard at Kota Tinggi Sessions Court.

Bank Negara Malaysia Investigates Dencomm Sales & Services Sdn Bhd

• The case was heard at Kota Tinggi Sessions Court.

5 - 8 Mar 2012

• The case was heard at Kota Tinggi Sessions Court.

Hearing to resume on 27th to 30th Aug 2012 and 10th to 14th Sept 2012.

21 Sept 2011

• The case was mentioned in Kota Tinggi Sessions Court.

Hearing dates fixed on 5th, 6th, 7th & 8th of March 2012.

• Shamsudin Bin Mahadi, one of the directors of Dencomm Sales & Services Sdn.Bhd. was charged at Johor Bahru Sessions Court under Section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act (AMLATFA) 2001.

• Shamsudin Bin Mahadi and Shafila Binti Shamsudin, the directors of Dencomm Sales & Services Sdn.Bhd. were charged at Kota Tinggi Sessions Court for offences under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989 and Section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act (AMLATFA) 2001.

• Bank Negara Malaysia has commenced investigations into Dencomm Sales & Services Sdn Bhd under Section 25(1) Banking and Financial Institutions Act 1989 (BAFIA) and Section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).
• The raid on Dencomm Sales & Services Sdn Bhd was conducted today at its premises in Bandar Penawar, Kota Tinggi, Johor following complaints received from members of the public. Relevant assets and documents of the company were seized for the purpose of investigation.

Semangat Teknologi Gagah Sdn. Bhd. (formerly known as STG Resources Sdn. Bhd.)

• The High Court issued an order to forfeit all assets seized under AMLATFA on 14 September 2011.

Bank Negara Malaysia Investigates Semangat Teknologi Gagah Sdn. Bhd. (formerly known as STG Resources Sdn. Bhd.) and Its Related Companies

• The High Court has set the date to hear for any bona fide third party claim on 14 September 2011.

• Bank Negara Malaysia has completed investigation under AMLATFA and filed for civil forfeiture under S.56(1) of AMLATFA at the Kuala Lumpur High Court.

21 April 2010

• Bank Negara Malaysia has commenced investigations into Semangat Teknologi Gagah Sdn Bhd (STG) and its related companies under Section 25(1) Banking and Financial Institutions Act 1989 (BAFIA) and Section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).
• The raids on STG and its related companies were conducted on 4 February 2010 at their premises in Kuala Lumpur and Selangor following complaints received from members of the public.

Ongoing Investigation

2 Oct 2012

25 Oct 2012

1 - 2 Nov 2012

19 Nov 2012

• Case was heard at Kuala Lumpur Session Court 3

The new trial date is fixed on:

8 & 11 Jan 2013

26, 27 & 28 Feb 2013

3 - 7 Sept 2012

13 - 14 Sept 2012

• Case was heard at Kuala Lumpur Session Court 3

The new trial date is fixed on:

2 Oct 2012

25 Oct 2012

1 - 2 Nov 2012
19 Nov 2012

16 - 18 May 2012

6 - 8 June 2012

12 - 14 June 2012

• Case was heard at Kuala Lumpur Session Court 3

13 - 14 March 2012
22 - 23 March 2012
19 - 20 April 2012

• Case was heard at Kuala Lumpur Session Court

The new trial date is fixed on:
16 - 18 May 2012
6 - 8 June 2012
12 - 14 June 2012

21 - 25 Nov 2011

• Case was heard at Kuala Lumpur Session Court

The new trial date is fixed on:

13 - 14 March 2012 22 - 23 March 2012 19 - 20 April 2012

• Case was heard at Kuala Lumpur Session Court

• Case was heard at Kuala Lumpur Session Court

• Case was mentioned at Kuala Lumpur Session Court.

The new trial date is fixed on:

24 to 28 Oct 2011,
17 to 18 Nov 2011,
21 to 25 Nov 2011

7 June 2011

• Case was mentioned at Kuala Lumpur Sessions Court.

• Case was mentioned at Kuala Lumpur Sessions Court.

• Case was mentioned at Kuala Lumpur Sessions Court.

• Lim Long Yew, the director of Asia Ceramic Marketing Sdn. Bhd. was charged at Shah Alam and Klang Sessions Court under Section (4)(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

All charges have been transferred to Kuala Lumpur Sessions Court to be jointly tried with the earlier charges.

Mention date for the joint trial is set on 17 January 2011

• Lim Long Yew and Leong Guan Yeu, the directors of Asia Ceramic Marketing Sdn. Bhd. were charged at Kuala Lumpur Sessions Court for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989 and Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

23 July 2009

• Bank Negara Malaysia has commenced investigations into Asia Ceramic Marketing Sdn Bhd and its related companies under Section 25(1) Banking and Financial Institutions Act 1989 (BAFIA) and Section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).
• The raid on Asia Ceramic Marketing Sdn Bhd and its related companies was conducted at the premise of the company in Kuala Lumpur following complaints received from members of the public. Relevant assets and documents of the company were seized for the purpose of investigation.

Ongoing Investigation

• The Court set 23 January 2013 for decision on prima facie case.

Next hearing dates:
23 January 2013

• The Court has set submission dates as follows:
• 21 December 2012 - All parties to file with the Court their respective written submission;
• 2 January 2013 - Written replies by parties to the written submission filed on 21 Dec 2012;
• 4 January 2013 - Oral clarifications

• AMLATFA case was heard at Kuala Lumpur Sessions Court.
• Mention date fixed on 29 Nov 2012 to schedule submissions by parties.

• VACATED

Next hearing dates:

• AMLATFA case was heard at Kuala Lumpur Sessions Court.
• 13 & 17 Aug 2012 - Vacated

Next hearing dates:

• AMLATFA case was heard at Kuala Lumpur Sessions Court.

Next hearing dates:
13 - 17 Aug 2012

• Case was heard at Kuala Lumpur Sessions Court
• Finished with BAFIA case and AMLATFA case to start in next dates

Next hearing dates:
29 - 31 May 2012

• Case was heard at Kuala Lumpur Sessions Court

• Case was heard at Kuala Lumpur Sessions Court

Next hearing dates:

i. 17 - 18 April 2012
ii. 2 - 4 May 2012
iii. 29 - 31 May 2012

• Case was heard at Kuala Lumpur Sessions Court

Next hearing dates:

• Case was heard at Kuala Lumpur Sessions Court

Next hearing dates:

• Case was heard at Kuala Lumpur Sessions Court

Next hearing dates:

• Case was heard at Kuala Lumpur Sessions Court

Next hearing dates:

i. 12 - 14 Sept. 2011
ii. 14 - 16 Nov 2011
iii. 07 - 09 Dec 2011
v. 12 - 15 Dec 2011

• Case was heard at Kuala Lumpur Sessions Court.

• Case was heard at Kuala Lumpur Sessions Court.

• Case was mentioned at Kuala Lumpur Sessions Court.

• Liew Chee Wah, the director of Genneva Sdn.Bhd. was charged at Kuala Lumpur Sessions Court for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.

• The company and the directors of Genneva Sdn.Bhd., Chin Wai Leong, Ng Poh Weng and Marcus Yee Yuen Seng were charged at Kuala Lumpur Sessions Court for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.

• AMLATFA case was heard at Kuala Lumpur Sessions Court.

The Court has set the trial dates as follow:

1. 4-8 April 2011; and
2. 18-22 April 2011

• Ng Poh Weng, Marcus Yee Yuen Seng, Liew Chee Wah and Chin Wai Leong, the directors of Genneva Sdn. Bhd. were charged at Kuala Lumpur Sessions Court for an offence under Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

21 July 2009

• Bank Negara Malaysia has commenced investigations into Genneva Sdn Bhd and Etika Emas Estet Sdn Bhd under suspicion of conducting illegal deposit taking activities in breach of Section 25(1) Banking and Financial Institutions Act 1989 (BAFIA) and Section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).
• The raids on these companies were conducted at their premises in Kuala Lumpur following information received from members of the public. Relevant assets and documents of the company were seized for the purpose of investigation.

Ongoing Investigation

• Case was mentioned at Ipoh Sessions Court.

• The above case was set for hearing from 20 February 2012 to 23 February 2012.
• 
  However, on 20 February 2012, the Court granted postponement pending the outcome of the Court of Appeal in the case of Gan Boon Aun.

• Case was mentioned at Ipoh Sessions Court.

Next mention date is fixed on 19 December  2011.

• Case was mentioned at Ipoh Sessions Court.

Next mention date is fixed on 14 November 2011.

• Case was mentioned at Ipoh Sessions Court.

• Case was mentioned at Ipoh Sessions Court.

• Case was heard (mentioned) at Ipoh Sessions Court.

• Joint trial application for BAFIA & AMLATFA charges were heard at Ipoh Sessions Court.

• Chong Yuk Ming, Goon Koon Lee, Chang Kuei Geh and Ho Chee Cheong, the directors of Bestino Golden House Sdn.Bhd. were charged at Ipoh Sessions Court for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989 and Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

• Bank Negara Malaysia and the Securities Commission Malaysia have commenced investigations into Bestino Group Berhad and its related companies suspected of conducting illegal deposit taking and illegal investment schemes, in breach of subsection 25(1) of the Banking and Financial Institutions Act 1989 (BAFIA) and the offering for subscription or purchase of preference shares in breach of section 212(2) of the Capital Markets and Services Act 2007
• The raids on Bestino Group Berhad and its related companies were conducted at their premises in Ipoh, Perak and Petaling Jaya, Selangor following complaints received from members of the public.

Ongoing Investigation

AK United Sdn Bhd

• Next hearing date is 25 to 25 September 2012, 15 to 17 October 2012, 29 to 31 October 2012 and 5 November 2012

• Next hearing date is on 11 to 13 July 2012, 16 to 18 July 2012, 23 to 24 July 2012, 27 & 29 August 2012.

• The Session Court has set the hearing date on 20 to 22 February 2012, 19 to 21 March 2012 and 17 to 18 April 2012.

• The court has set the hearing date on 8 to 11 November 2011 and 28 November to 1 December 2011.

20 June 2011

• Wong Yiak Leong, the director and the company, AK United Sdn.Bhd. were charged at Kuala Lumpur Session Court for offences under section 25(1) of Banking and Financial Institutions Act 1989 (BAFIA).

• Lee Poh Kuen @ Soo Ha, Wong Gan Meng and Choi Yuet Yee, the employees of AK United Sdn.Bhd. were charged at Kuala Lumpur Session Court for offences under section 25(1) of Banking and Financial Institutions Act 1989 (BAFIA).

26 May 2009

• Bank Negara Malaysia (BNM) and Suruhanjaya Syarikat Malaysia (SSM) jointly raided AK United Sdn Bhd., Dinari Capital Sdn. Bhd, myDNA International Sdn. Bhd. and E-Eagle Sdn. Bhd pursuant to the Banking and Financial Institutions Act (BAFIA) 1989 and Companies Act (CA) 1965.
• These raids were simultaneously conducted at the companies' premises in four different locations in Cheras, Kuala Lumpur.
• Raids were conducted on these companies following complaints received from members of the public alleging the said companies were engaging in illegal deposit taking activities and illegal investment schemes which may be in contravention of section 25 of the BAFIA and section 366(3) of the CA respectively.

Ongoing Investigation

Walton International Property Group (M) Sdn Bhd

2 September 2010

• Bank Negara Malaysia issued a compound notice to Walton International Property Group (M) Sdn Bhd for committing multiple offences under the Exchange Control Act (ECA) 1953.

Walton Malaysia paid the compound.
Case closed.

(Please also refer 'Enforcement Action' section.

Bank Negara Malaysia Raids Walton International Property Group (M) Sdn Bhd

• Bank Negara Malaysia raided Walton International Property Group (M) Sdn Bhd under the Exchange Control Act (ECA) 1953.
• The raids were simultaneously conducted at the premises of the company in Kuala Lumpur (W. Persekutuan), Kota Kinabalu (Sabah) and Kuching ( Sarawak ) following complaints received from members of the public.

Gemilang Mirza Sdn. Bhd

• Judgment
• Case was heard at Kota Kinabalu Session Court.

The Court had found all the accused guilty for an offence under s.25(1) BAFIA and convicted them respectively as follows:

i). The company, Gemilang Mirza Sdn Bhd is fined with RM 3 million;

ii). The Directors, Ag. Binting Pg Mat Salleh & Ag. Ajis Pg Mat Salleh - imprisonment of 6 years each.

Bank Negara Malaysia Raided Gemilang Mirza Sdn Bhd on Suspicion of Conducting Illegal Deposit Taking and Money Laundering Activities

• The decision has been postponed to another date.

• The court has postponed its decision.

• The trial on BAFIA has been concluded and the decision will be on 8 July 2011.

• All the accused have been ordered to enter their defence.

6 December 2010

• Case was heard at Kota Kinabalu Sessions Court.

The Court will give its decision on 14 February 2011.

7 - 16 July 2010

• BAFIA case was heard at Kota Kinabalu Sessions Court.

Next hearing date is set on 6 December 2010.

• Joint trial for BAFIA & AMLATFA cases were heard at Kota Kinabalu Sessions Court.

• Company director, Ag. Binting bin Pg. Mat Salleh was charged in the Kota Kinabalu Sessions Court under the Anti-Money Laudering and Anti-Terrorism Financing Act 2001 (AMLATFA).

The Judge allowed for a joint trial of the BAFIA & AMLATFA charges.

The next hearing date was set on 1 March 2010 for mention.

• Company and two of its directors were charged in the Kota Kinabalu Sessions Court under the Banking & Financial Institution Act 1989 (BAFIA).

13 January 2009

• The company was raided on suspicion of conducting illegal deposit taking and money laundering activities.

Ongoing Investigation

• Case was heard at Shah Alam Court (Mahkamah Sesyen Jenayah 6) on 6 December 2012, 7 & 8 January 2013.

Next hearing dates:

• 29 January 2013
• 14-15 February 2013
• 4-8 March 2013

• Case was postponed to next hearing dates.

Next hearing dates:

• 6 - 10 December 2012
• 7 - 9 January 2013

• Case was mentioned at Shah Alam Sessions Court no. 6

Next hearing dates:

• 24 & 25 September 2012
• 8, 9 & 10 October 2012

• Case was mentioned at Shah Alam Sessions Court No 6.

Next hearing date is set on:
i) 18, 20 & 24 July 2012; and
ii) 7 & 13 August 2012.

• Case was mentioned at Shah Alam Sessions Court No 6.

Next hearing date is set on:
i) 22 June 2012
ii) 28-29 June 2012
iii) 2-6 July 2012; and
iv) 23-24 July 2012

• Case was heard at Shah Alam Sessions Court No 6; case was mentioned.

• Next hearing date is on 2,3, 14 to 17 May 2012.

• Case was heard at Shah Alam Sessions Court No 6.

• Case was heard at Shah Alam Sessions Court.

• Case was heard at Shah Alam Sessions Court.

Next hearing date is set on:

i) 24 March 2011;
ii) 12 & 13 May 2011;
iii)8, 9 & 10 June 2011; and
iv) 11 to 15 July 2011

• Case was re-mentioned at Klang Sessions Court.

• Case was mentioned at Klang Sessions Court.

• Joint trial for BAFIA and AMLATFA cases were re-mentioned at Klang Sessions Court.

• Joint trial for BAFIA and AMLATFA cases were mentioned at Klang Sessions Court.

• Another director of Buluhmas Enterprise Sdn. Bhd, Azmi Ame Hamzah was charged at the Klang Sessions Court for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.
• Azmi and his father, Ame Hamzah Mat Atar were also charged for offences under Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

Azmi was released on bail of RM200,000 for all the charges whereas Ame Hamzah was released on bail of RM350,000.

Mention date for Azmi and Ame Hamzah for both charges (BAFIA and AMLATFA) were set on 21 December 2009.

• The company and one of the directors of Buluhmas Enterprise Sdn. Bhd, Ame Hamzah Mat Atar were charged at Klang Sessions Court for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.

He was released on bail of RM50,000.

Mention date for this case was set on 21 December 2009.

13 October 2008

• The company was raided on suspicion of conducting illegal deposit taking and money laundering activities.

Ongoing Investigation

Noradz Travel & Services Sdn.  Bhd

• The court has set the next mention date on 29 January 2013

Bank Negara Malaysia Raided Four Companies on Suspicion of Conducting Illegal Deposit Taking and Money Laundering Activities

• The court set the next mention date on 14 January 2013

• The court set the next mention date on 12 Disember 2012

• The court set the next mention date on 29 November 2012

• The court set the next mention date on 2 October 2012

• The court set the next mention date on 14 August 2012

• The court set the next mention date on 25 June 2012

• The court ordered the interested 3rd parties to register Mention
  their name & submit their documents to BNM starting from
  24 February 2012 until 2 March 2012. Next mention date is on
  28 May 2012

14 Feb 2012

• The Court set the date 24 February 2012 for any 3rd parties to file their claims on the seized assets at the Sessions Court 2, Jalan Duta, Kuala Lumpur.

• Judgement
• Case was heard at Kuala Lumpur Criminal Sessions Court 2.

The Court found all accused persons guilty of breaching s. 25(1) of BAFIA. The Court imposed sentences as follows:-

(i) the company, Travel & Services Sdn Bhd was fined RM5 million;
(ii) ma bt. Dato Adzhar (1st accused) was sentenced to one (1) year imprisonment and fined RM 500,000.00 (in default - 6 months imprisonment); and
(iii) Dato Adzhar b. Sulaiman (2nd accused) was sentenced to two (2) years imprisonment and fined RM 1 million (in default - 10 months imprisonment).

The 1st accused, 2nd accused and 3rd accused, rin bt Dato Adzhar were also convicted under section 4(1) of AMLATFA. The Court imposed sentences as follows:-

(i) Two (2) years imprisonment against ma bt. Dato Adzhar (1st accused);
(ii) Three (3) years imprisonment against Dato Adzhar b. Sulaiman (2nd accused); and
(iii) One (1) year imprisonment against rin bt. Dato Adzhar (3rd accused);

The court ordered the jail sentence for offences under BAFIA and AMLATFA to run consecutively.

• The date was fixed for clarification on the submissions by defence and prosecution. However, the court on the 6 Sept. 2011 vacated the date and informed that another date would be fixed for decision only.
• Case was heard at Kuala Lumpur Criminal Sessions Court 2.

i) 30 & 31 May 2011; and

ii) 1 & 2 June 2011.

• The defence closed its case (BAFIA & AMLATFA ) on 2 June 2011 and will submit the defence submission by 4 July 2011.
• The prosecution will submit their submission by 4 August 2011 while the defence will reply by 18 August 2011.

• Case was heard at Kuala Lumpur Sessions Court.

14 January 2011

• The Prosecution has proved a prima case against all the accused [ Travel & Services Sdn. Bhd; ma bt. Adzhar; Dato' Adzhar bin Sulaiman; rin bt Adzhar (only for AMLATFA charges)] for both BAFIA & AMLATFA

All the accused have been ordered to enter their defence. Continued hearing has been fixed as follows:-

1. 26 & 31 January 2011;
   
2. 16 & 28 February 2011; and
3. 1 March 2011

6 - 8 October 2010

• AMLATFA case was heard at Kuala Lumpur Sessions Court and completed. Both prosecution and defense counsel had submitted their submission to the court for its decision.

The court will give its decision on 14 January 2011.

20 - 22 September 2010

• AMLATFA case was heard at Kuala Lumpur Sessions Court.

Next hearing dates is set on 6 - 8 October 2010.

26 - 27 August 2010

• AMLATFA case was heard at Kuala Lumpur Sessions Court.

Next hearing dates is date on 20 - 22 September 2010.

i) 19 to 23 July 2010;  and
ii) 2 to 6 August 2010

• BAFIA case was heard at Kuala Lumpur Sessions Court and completed. Next trial will hear for AMLATFA case.  

Next trial dates have been set on 26 - 27 August 2010.

• Joint trial for BAFIA & AMLATFA cases were heard at Kuala Lumpur Sessions Court.

Next hearing is set on the following dates:-

• Criminal prosecution was initiated against the company at Kuala Lumpur Sessions Court for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.

The judge allowed for a joint trial of the BAFIA and AMLATFA charges.

Mention date was set on 18 February 2010 for mention.

• ma binti Adzhar and rin binti Adzhar, the directors and Dato' Adzhar bin Sulaiman, the employee of Travel & Services Sdn. Bhd, were charged at Kuala Lumpur Sessions Court for an offence under Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).
• At the same court, Dato' Adzhar bin Sulaiman and ma binti Adzhar were also charged for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.

• The company was raided on suspicion of conducting illegal deposit taking and money laundering activities.

Jazmeen (M) Sdn. Bhd

• On 13/12/2011 the two directors pleaded guilty to the charges under sec. 25(1) of BAFIA 1989 after absconded since 15/7/2009. The Court imposed sentences as follows:-
  • the company, Jazmeen (M) Sdn Bhd was fined RM1 million;
  • Dahlan David Bin Abdullah (1st accused) was sentenced to three (3) year imprisonment; and
  • Ramunatul Aida Binti Rahmat (2nd accused) was sentenced to fifteen (15) months imprisonment.
• The court also ordered each of the first and second accused to pay prosecution cost of RM 7000 each to Bank Negara Malaysia or in default, 2 months imprisonment

Bank Negara Malaysia Raided Four Companies on Suspicion of Conducting Illegal Deposit Taking and Money Laundering Activities

January - February 2010

• Press releases have been issued by the Bank to search for missing suspects.

Ongoing Investigation

• The company was raided on suspicion of conducting illegal deposit taking and money laundering activities.

Eastana Farm Industries Sdn. Bhd

• The Prosecution filed Notice of Appeal against the acquittal

Bank Negara Malaysia Raided Four Companies on Suspicion of Conducting Illegal Deposit Taking and Money Laundering Activities

12 April 2012

• Judgment
  
• Case was heard at Seremban Sessions Court.

The Court acquitted the accused persons from all charges under BAFIA and AMLATFA

23 February 2012

• The Prosecution closed its case (BAFIA & AMLATFA)

The court has fixed the following dates:

i. 16 March 2012 for the prosecution and defence counsel to submit their submission to the court for its decision

ii. 22 March 2012 for clarification on the submissions by prosecution and defence counsel.

i. 11 - 13 January 2012

ii. 18 - 19 January 2012

• Case was heard at Seremban Session Court

Next hearing dates:

i.3 August 2011

ii.9 - 11 August 2011

• Case was heard at Seremban Session Court

Next hearing dates:

i. 30 Sept. 2011
ii. 6 - 7 Oct 2011
iii. 23 - 25 Nov 2011
iv. 14 - 16 Dec 2011
v. 19 - 20 Dec 2011
vi. 11 - 13 Jan 2012
vii. 18 - 20 Jan 2012
viii. 9 - 10 Feb 2012

• The trial has been postponed to another date

• Case was mentioned at Seremban Sessions Court and the Court fixed 23 May 2011 to start the trial.

• Case was mentioned at Seremban Sessions Court.

• The Court set another date for mention due to a change of one of the three accused's defense counsel.

Next mention date is set on 22 December 2010.

• The Court set another date for mention.

Next mention date was set on 15 November 2010.

• The Court set another date for mention.

Next mention date was set on 27 August 2010.

• The Court set another date for mention.

• The Court set another date for mention.

19 February 2010

• Eastana Farm Industries Sdn. Bhd. shareholder, A.Halim bin A Rahman was charged at Petaling Jaya Sessions Court for an offence under Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

The judge allowed for a joint trial of the BAFIA and AMLATFA charges at Seremban Sessions Court, Negeri Sembilan.

Mention date was set on 29 March 2010.

• Eastana Farm Industries Sdn. Bhd. authorized account signatory, Khairuazhar bin Abdullah was charged at Seremban Sessions Court for an offence under Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

• Eastana Farm Industries Sdn. Bhd. director, Syed Shareezally bin Syed Aualadali was charged at Petaling Jaya Sessions Court for an offence under Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

The judge allowed for a joint trial of the BAFIA and AMLATFA charges at Seremban Sessions Court, Negeri Sembilan.

Mention date was set on 29 March 2010.

• Company directors, Syed Shareezally bin Syed Aualadali and A.Halim bin A.Rahman were charged at Seremban Sessions Court for an offence under Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

• Eastana Farm Industries Sdn. Bhd. and company's director, Syed Shareezally bin Syed Aualadali were charged at Seremban Sessions Court for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.

• Eastana Farm Industries Sdn. Bhd. shareholder, A.Halim bin A Rahman was charged at the Seremban Sessions Court  for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.

• The company was raided on suspicion of conducting illegal deposit taking and money laundering activities.

Reed Corporation Sdn Bhd

18 August 2008

• Bank Negara Malaysia raided AFS Global Holdings Sdn Bhd, Reed Corporation Sdn Bhd, Sigma Platinum Sdn Bhd, Wisdom Spectrum Sdn Bhd, Maxficient Consultancy Sdn Bhd and Practical Support Sdn Bhd under Section 4 of the Exchange Control Act 1953.
• The raids were conducted at the premises of the companies in Kuala Lumpur and Selangor following complaints received from members of the public.

Ongoing Investigation

Bank Negara Malaysia Raided Six Companies on Suspicion of Conducting Illegal Foreign Currency Dealings

Sigma Platinum Sdn Bhd

18 December 2008

• The case is also investigated by the Police under the
  Penal Code as the initial investigation findings revealed elements of cheating.

Case handed over to PDRM

Bank Negara Malaysia Raided Six Companies on Suspicion of Conducting Illegal Foreign Currency Dealings

• Bank Negara Malaysia raided AFS Global Holdings Sdn Bhd, Reed Corporation Sdn Bhd, Sigma Platinum Sdn Bhd, Wisdom Spectrum Sdn Bhd, Maxficient Consultancy Sdn Bhd and Practical Support Sdn Bhd under Section 4 of the Exchange Control Act 1953.
• The raids were conducted at the premises of the companies in Kuala Lumpur and Selangor following complaints received from members of the public.

Wisdom Spectrum Sdn Bhd

18 December 2008

• The case is also investigated by the Police under the
  Penal Code as the initial investigation findings revealed elements of cheating.

Case handed over to PDRM

Bank Negara Malaysia Raided Six Companies on Suspicion of Conducting Illegal Foreign Currency Dealings

• Bank Negara Malaysia raided AFS Global Holdings Sdn Bhd, Reed Corporation Sdn Bhd, Sigma Platinum Sdn Bhd, Wisdom Spectrum Sdn Bhd, Maxficient Consultancy Sdn Bhd and Practical Support Sdn Bhd under Section 4 of the Exchange Control Act 1953.
• The raids were conducted at the premises of the companies in Kuala Lumpur and Selangor following complaints received from members of the public.

Maxficient Consultancy Sdn Bhd

18 August 2008

• Bank Negara Malaysia raided AFS Global Holdings Sdn Bhd, Reed Corporation Sdn Bhd, Sigma Platinum Sdn Bhd, Wisdom Spectrum Sdn Bhd, Maxficient Consultancy Sdn Bhd and Practical Support Sdn Bhd under Section 4 of the Exchange Control Act 1953.
• The raids were conducted at the premises of the companies in Kuala Lumpur and Selangor following complaints received from members of the public.

Ongoing Investigation

Bank Negara Malaysia Raided Six Companies on Suspicion of Conducting Illegal Foreign Currency Dealings

Practical Support Sdn Bhd

18 December 2008

• The case is also investigated by the Police under the
  Penal Code as the initial investigation findings revealed elements of cheating.

Case handed over to PDRM

Bank Negara Malaysia Raided Six Companies on Suspicion of Conducting Illegal Foreign Currency Dealings

• Bank Negara Malaysia raided AFS Global Holdings Sdn Bhd, Reed Corporation Sdn Bhd, Sigma Platinum Sdn Bhd, Wisdom Spectrum Sdn Bhd, Maxficient Consultancy Sdn Bhd and Practical Support Sdn Bhd under Section 4 of the Exchange Control Act 1953.
• The raids were conducted at the premises of the companies in Kuala Lumpur and Selangor following complaints received from members of the public.

Pan Phoenix Dina Sdn. Bhd

Trials under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA) at Kota Bharu Sessions Court

Bank Negara Malaysia Investigates Pan Phoenix Dina Sdn bhd and Its Related Companies

• Court Discharged Not Amounting to Acquittal (DNAA)* BAFIA's case.
  
  * Dilepaskan Tanpa Dibebaskan
  

6 April 2009

• The following directors ;
  • Hasri Bin Mohd Noor and Hazlan Bin Abd Hamid (Business Time Dina S/B);
  • M. Bakri B Kamaruddin and Zainal Bin Md Yusof (Pan Phoenix Dina Sdn. Bhd, Pan-Phoenix Dina Holdings Berhad and Pan Phoenix Dina Steel Sdn. Bhd);

were charged with a total of 114 counts in Kota Bahru Sessions Court.

They were released with various amounts of bails.

• Prosecution request to conduct for a joint trial of the AMLATFA and BAFIA charges.

• Business Time Dina Sdn Bhd's director, Hasri bin Mohd Noor was charged with 2 counts in Kuala Lumpur Sessions Court under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

He was released on RM50,000 bail with 1 surety and was ordered to surrender his passport.

Mention date was set on 9 April 2009

Trials under the Banking and Financial Institutions Act 1989 (BAFIA) at Kota Bharu Sessions Court

i) P.P. vs. Pan-Phoenix Dina Sdn. Bhd. & 3 Others [Harun Mat Saat (Harun), Zainal bin Md Yusof (Zainal) & M. Bakri B Kamaruddin (Bakri)] - Case 1

ii) P.P. vs. Business Time Dina Sdn. Bhd. & 3 Others (Harun, Hazlan & Hasri) - Case 2

• Court had DNAA the case on the ground that all the accused i.e. Zainal, Bakri and Harun already absconded.
  (See also: Have You Seen These People?]

• Case 2 continued for trial.

Next trial date was set from 2-3 August 2010.

• Trial for Case 2 was heard before Kota Bharu Session Court Judge.

Next trial date was set on 11 July 2010.

• Attempts to execute warrant of arrest to the accused, Harun Mat Saat failed.

• One of the accused, namely Harun Mat Saat was absence for trial on Case 1 set from 10 - 13 May 2010.
• Warrant of arrest was subsequently issued by Kota Bahru Sessions Court Judge.

• Trial for Case 2 was postponed due to the absence of one of the accused, Encik Harun bin Mat Saat.

• Trial for Case 2 was postponed again due to change of accused's defense counsel.

New trial dates was set on 28 to 29 April 2010

• Trial for Case 2 was postponed due to the absent of its director.

New trial dates had been set as follows:-

i) 9 to 11 February 2010;
ii) 23 to 25 February; and
iii) 23 to 24 March 2010.

• Case was re-mentioned at Kota Bahru Sessions Court for an offence under the BAFIA.
• The Court has set the trial dates for the following accused:

  i. Business Times Dina S/B

  ii. Pan Phoenix Dina S/B

• The Directors of the following companies:

  i. M. Bakri Kamaruddin and
  Zainal Md. Yusof (Pan
  Phoenix Dina S/B)

ii. Hasri Mohd Noor and
Hazlan Abd Hamid
(Business Time Dina S/B)
as well the patron of both companies, Harun Mat Saat were charged in Kota Bahru Sessions Court for offences under the BAFIA.

Trials under the Banking and Financial Institutions Act 1989 (BAFIA) at Kuala Lumpur Sessions Court

i) P.P. vs. Pan-Phoenix Dina Sdn. Bhd. - Case 3
ii) P.P. vs. Pan-Phoenix Dina Sdn. Bhd. & Kelab Taqwa Malaysia & 3 Others - Case 4
iii) P.P. vs. Pan-Phoenix Dina Steel Sdn. Bhd.  - Case 5
iv) P.P. vs. Business Time Dina Sdn. Bhd. - Case 6

The Court fixed next hearing date as follows:-

i) 5 - 7 April 2011;
ii) 17 - 1 April 2011; and
iii) 28 - 29 April 2011.

• 2 of the company directors and Harun Mat Saat again were not present during the trial.
• Court had issued warrant of arrest.
  

• Court set new date as 2 of the company directors and Harun Mat Saat were not present. Court had issued warrant of arrest.

• Court set new date as 2 of the company directors and Harun Mat Saat were not present. Court issued warrant of arrest.

• The prosecution finished presenting their case for Case 3 & Case 4.   

New trial date for Case 5 & Case 6 was set as follows:

• 20 - 24 Sept. 2010
• 4 - 7 Oct. 2010

• The Court set another trial date and set 31 May 2010 for mention on the execution of warrant of arrest of one of the accused, namely Harun Mat Saad.

• The following directors and companies

i) Hasri Bin Mohd Noor,
ii) Hazlan Bin Abd Hamid,
iii) M. Bakri B Kamaruddin;
iv) Zainal Bin Md Yusof,
v) Haidzir Lebai Yakub
vi) Harun Bin Mat Saat
vii) Business Time Dina S/B
viii) Pan Phoenix Dina S/B
ix) Pan Phoenix Dina Steel S/B and
x) Kelab Taqwa Malaysia

were charged at Kuala Lumpur Sessions Court.

The trial dates for each of the companies have been set as follows:

i) 18 - 21 May 2010
ii) 9 to 13 August 2010;
iii) 20 to 24 September 2010; &
iv) 4 to 7 October 2010.

8 April 2008

• The company was raided on suspicion of conducting illegal deposit taking and money laundering activities.

Sunshine Empire Sdn Bhd

3 June 2010

• The case was mentioned at the Kuala Lumpur Sessions Court for case management.
• A representative of the company pleaded guilty to two charges read under s.25(1) of the BAFIA 1989 and subsequently convicted by the Court Judge.

Please also refer 'Enforcement Action' section.

Bank Negara Malaysia Charged Sunshine Empire Sdn Bhd for Illegal Deposit Taking

• The case was re-mentioned at the Kuala Lumpur Sessions Court.

• The company was charged at the Kuala Lumpur Sessions Court for an offence under the Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.

Next mention date was set on 20 July 2009.

4 April 2008

• Sunshine Empire Sdn. Bhd was raided on suspicion of conducting illegal deposit taking and money laundering activities.

Ongoing Investigation

Mercantile Point Sdn Bhd

• Mercantile Point. Sdn. Bhd has filed an appeal in High Court Kuala Lumpur

Bank Negara Malaysia Investigate Mercantile Print Sdn Bhd and Sunshine Empire Sdn Bhd and Its Related Companies

• The Court set 14-15 June 2012 and 29 June 2012 for hearing on 3rd parties' claims.

• The court set the date 17 April 2012 and 30 April 2012 for any 3rd parties to file their claims on the seized assets at the session court 3, Jalan Duta Kuala Lumpur at 9.00am

• The Court set the date 11 and 12 April 2012 for any 3rd parties to file their claims on the seized assets at the Sessions Court 3, Jalan Duta Kuala Lumpur.

• Judgment
  
  
• Case was heard at Kuala Lumpur Criminal Sessions Court 3.The Court found all accused persons guilty of breaching s. 25(1) of BAFIA. The Court imposed sentences as follows:-
  1. the company, Merchantile Point Sdn Bhd was fined RM3 million;
     
     
  2. Rusdie Bin Ganning (1st accused) was sentenced to two (2) year imprisonment and fined RM 1.5 million (in default - 4 months imprisonment); and
     
     
  3. Hariyah Binti Yaakob (2nd accused) was sentenced to two (2) years imprisonment and fined RM 2 million (in default - 6 months imprisonment).
     
     
• The 1^st accused and 2^nd accused were also convicted under section 4(1) of AMLATFA. The Court imposed sentences as follows:-
  
  
  1. Eighteen (18) months imprisonment against Rusdie Bin Ganning (1st accused) and fined RM1.9 million (in default - 18 months imprisonment) and;
     
     
  2. Eighteen (18) months imprisonment against Hariyah Binti Yaakob (2nd accused) and fined RM3.7 million ( in default - 18 months imprisonment)
     
     
• The court ordered the jail sentence for offences under BAFIA and AMLATFA to run concurrently.
  
  
• The Court also set the date 1 and 2 November 2011 for any third parties to file their claims on the seized assets at the Sessions Court 3, Kuala Lumpur

• Case was continued heard at Kuala Lumpur Sessions Court.

• Case was continued heard at Kuala Lumpur Sessions Court

• Case was heard at Kuala Lumpur Sessions Court.

Next hearing date is set on 21-22 March 2011.

• Case was mentioned at Kuala Lumpur Sessions Court.

Mercantile Point Sdn.Bhd has been ordered to enter their defence.
The hearing dates is set as follows:-
i) 27 January 2011; and
ii) 7-8 February 2011.

• The Sessions Court ruled that the prosecution has established a prima facie case of illegal deposit taking and money laundering against Mercantile Point Sdn.Bhd. and its directors, Rusdie Ganning and Hariyah Yaacob

Mention dates for trial is set on 22 December 2010.

• The Court had postponed its decision.

• The Court had postponed its decision.

New date is set on 26 November for its decision.

• AMLATFA case was heard at Kuala Lumpur Sessions Court.
• The prosecution closed its cases (AMLATFA & BAFIA) on 18 August 2010, and now awaiting for the defence to file their submission by 24 September 2010.
• The prosecution will reply to the submission by 12 October 2010 while the defence will reply back by 26 October 2010.

The Court will give its decision on 12 November 2010.

• AMLATFA case was heard at Kuala Lumpur Sessions Court.

• BAFIA case was heard at Kuala Lumpur Sessions Court and completed. Next trial will hear for AMLATFA case.

• Case was heard at Kuala Lumpur Sessions Court and trial has begun from 3 to 4 November 2009.

Next trial dates have been set on 21 - 23 December 2009.

• Case was heard at Kuala Lumpur Sessions Court and trial has begun from 26 to 27 October 2009.

Next trial dates have been set on 3 & 4 November 2009.

• Case was heard at Kuala Lumpur Sessions Court and trial has begun from 20 to 31 July 2009.

Next trial dates have been set as follows:

i) 26 & 27 October 2009; and
ii) 3 & 4 November 2009

15 January 2009

• Its directors, Rusdie Ganning and Hariyah Yaacob, were charged at the Kuala Lumpur Sessions Court for an offence under Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).
• Hariyah Yaacob was charged with 18 counts and Rusdie Ganning was charged with 11 counts of money laundering activities.

The court has set the hearing of AMLATFA case to be heard together with the BAFIA case as follows:-

i) 20 to 24 July 2009; and
ii) 27 to 31 July 2009.

The court maintained the earlier bail of RM100,000 with one surety.

22 December 2008

• Case was re-mentioned at Kuala Lumpur Sessions Court for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.

The trial dates have been set as follows: -

i) 21 to 24 July;
ii) 27 to 31 July; and
iii) 10 to 14 Aug 2009.

Bail amount for each accused was set at RM300,000

12 November 2008

• The company and its directors, Rusdie Ganning and Hariyah Yaacob were charged at the Kuala Lumpur Sessions Court for an offence under Section 25(1) of the Banking and Financial Institutions Act (BAFIA) 1989.

Bail amount for each accused was set at RM300,000 (later reduced to RM100,000) with one surety.
Re-mention date was set on 22 December.

2 April 2008

• Mercantile Point Sdn. Bhd was raided on suspicion of conducting illegal deposit taking and money laundering activities.

Ongoing Investigation.

Hitech Objective Enterprise (HTO)

• Date fixed for case management at the Melaka High Court

• The prosecution filed a Petition of Appeal at Melaka High Court to appeal against the acquittal and discharge of both accused

• The prosecution filed a Notice of Appeal at Melaka High Court to appeal against the acquittal and discharge of both accused

• Session Court acquitted and discharged both accused on all the charges against them under section 25(1) of the BAFIA and section 4(1) of the AMLATFA.

• The Court heard clarification on the parties’ submission

Clarification on the parties’ submission

• Case was heard at Melaka Sessions Court 3

The defence closed its case

The Court fixed:

• 14 May 2012 for defence to file their submission
• 21 May 2012 for prosecution to file their submission
• 28 May 2012 for clarification on the parties’ submission

• Case was heard at Melaka Sessions Court 3

• Case was heard at Melaka Sessions Court 3

• Case was heard at Melaka Sessions Court 3

Hearing of the defence’s case

• Case was heard at Melaka Sessions Court 3

Hearing of the defence’s case

• Case was heard at Melaka Sessions Court 3

Hearing of the defence's case

• Case was heard at Melaka Sessions Court 3

Hearing of the defence's case

• The Court found that the prosecution had succeeded in proving a prima facie case against both accused on the BAFIA and AMLATFA charges and called upon both accused to enter their defence

Decision at end of the prosecution's case

• Case was fixed for mention to confirm marking of exhibits tendered by prosecution for the AMLATFA case at Melaka Sessions Court 3

Court confirmed the marking of exhibits

14 Oct 2011 was fixed for defence to file their submission

21 Oct 2011 was fixed for prosecution to file their submission

31 Oct 2011 was fixed for the Court to hear any reply from the defence and for the Court to deliver its decision at the end of the Prosecution’s case

• Case was heard at Melaka Sessions Court 3

• Case was heard at Melaka Sessions Court

Prosecution closed its case for the BAFIA offence.

Trial will resume on 8 & 9 September 2011 for the hearing of the prosecution case for the AMLATFA offence.

• Case was heard at Melaka Sessions Court.

• Case was heard at Melaka Sessions Court.

• The trial has been postponed to another date.

• The trial has been postponed to another date

• The case was re-mentioned as new counsel was being appointed by the accused.

New trial dates have been set on:
(i)   7 - 8 September 2010
(ii)   6 - 7 October 2010

• The trial has been postponed to another date.

• The defense counsel asked for postponement from the court.

The trial dates have been set from 1 - 4 March 2010.

• The cases were mentioned at Malacca Session Court. Prosecution team asked for the cases, under BAFIA and AMLATFA to be jointly tried.

• Basri bin Samsudin was charged at Petaling Jaya Session Court for offence under section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

• Mohd Riezuan Jalil & Basri Samsudin were charged at Kuala Lumpur Session Court for offence under section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

• The cases were mentioned at Melaka Session Court. Deputy Public Prosecutor informed the court that the accused will be facing another charges at Kuala Lumpur Session Court and Petaling Jaya Session Court.

• 2 out of 3 partners of Hitech Objective Enterprise (Mohd Riezuan Jalil & Basri Samsudin) were arrested and charged at Melaka Session Court for offences under section 25(1) of Banking and Financial Institutions Act 1989 (BAFIA) and section 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

• Hitech Objective Enterprise was raided on suspicion of conducting illegal deposit taking and money laundering activities.

Jai Network Systems Sdn. Bhd.

• Case was mentioned. Court set a new date for submission on 21 September 2012.

• Court set a new date for submission at the end of prosecution case, that is on 16 July 2012.

10 - 11 January 2012

• Case was mentioned at the Kuantan Session Court

i. 1 - 2 December 2011

ii. 3 to 5 October 2011

• Joint trial under BAFIA and AMLATFA at the Kuantan Session Court.

9 to 11 February 2010

• Joint trial under BAFIA and AMLATFA at the Kuantan Session Court.

i. 25 to 28 August 2009

ii. 1 to 3 July 2009

iii. 18 to 19 June 2009

iv. 11 to 15 May 2009

v. 21-23 April 2009

vi. 17 to 19 February 2009

• Joint trial under BAFIA and AMLATFA at the Kuantan Session Court.

• Jai Network Systems Sdn. Bhd. and its directors, Jailani bin Jabar and Latifah binti Taib were charged under section 25 of BAFIA at the Kuala Lumpur Session Court.

• Directors of Jai Network Systems Sdn. Bhd., Jailani bin Jabar and Latifah binti Taib was charged under section 4 of AMLATFA at the Kuantan Session Court

• Bank Negara Malaysia commenced investigation under section 25 of BAFIA and section of AMLATFA. A search and seizure operation was conducted at the premises of Jai Network Systems Sdn. Bhd. , Bagaiwangsa Sdn. Bhd. and houses of the directors.

• The Sessions Court set a new mention date pending the disposal of the accused appeal at the High Court.

• The Sessions Court set a new date for the 3rd party proceedings.

• The court passed the following sentence to the accused, Wong Pei Hur:

• BAFIA offences - 4 years imprisonment effective today.
• AMLATFA offences - 2 years imprisonment
• The court ordered the BAFIA and AMLATFA sentences to run consecutively.

• The accused failed to turn up for sentencing. The court issued warrant of arrest and show cause notice to bailor.

• The court had found Wong Pei Hur guilty to 2 charges under section 25(1) of BAFIA and 20 charges under section 4(1) AMLATFA.

• The court had heard the submissions from defence and prosecution for its decision.

• The defence closed its case (BAFIA & AMLATFA).

• The court had heard the submissions from both prosecution and defence, and is satisfied that the prosecution had proved a prima facie case against Wong Pei Hur for 2 BAFIA charges and 20 AMLATFA charges.

• Case was heard at Kuala Lumpur Sessions Court and prosecution closed its case on AMLATFA charges.

• Case was heard at Kuala Lumpur Sessions Court and prosecution closed its case on BAFIA charges.

• Case was heard at Kuala Lumpur Sessions Court.

• Case was mentioned at Kuala Lumpur Sessions Court. Court of Appeal had ruled in favour of prosecution on judgement of BAFIA charges on 27 Oct 2011.

• Case was postponed to another date.

• Case was mentioned at Kuala Lumpur Sessions Court.

• Case was heard at Kuala Lumpur Sessions Court and completed.

• Case was heard at Kuala Lumpur Sessions Court

• Court had set new trial dates upon application by the accused to bring the trial dates earlier

11 October 2010

• Case was postponed to another date.

20 April 2010

• Case was postponed to another date.

• Case was postponed to another date.

• Case was postponed due to the change of accused's decision to contest.

• Cases under BAFIA & AMLATFA were re-mentioned at Kuala Lumpur Sessions Court.

Hearing for AMLATFA cases are stayed upon disposal of BAFIA case.

The hearing date for BAFIA case was set from 3 - 7 August 2009.

25 November 2008

• The trial was postponed due to a representation from the defense on the change of plea.

Next mention date was set on 27 February 2009.

15 July 2008

• All the AMLATFA charges mentioned at the Petaling Jaya Sessions Court were transferred to Kuala Lumpur Sessions Court for joint trial.

The trial date will be from 25-28 November 2008.

11 June 2008

• The operator, Wong Pei Hur was charged in Petaling Jaya Sessions Court with 11 counts under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA) involving an amount of more than RM800,000.

Next mention date was set on 15 July 2009.

10 June 2008

• The operator, Wong Pei Hur was charged in Kuala Lumpur Sessions Court with 2 counts under the Banking and Financial Institutions Act (BAFIA) 1989 and 9 counts under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA) involving an amount of more than RM2million.

Trial date has been fixed on 25 November 2008 to 28 November 2008.

11 June 2007

• Bank Negara Malaysia in a joint operation with the Securities Commission and Polis Diraja Malaysia had conducted a raid on AB Fund for suspected illegal deposit taking and illegal investment activities.

Ongoing Investigation.

G-Gold Gallery Sdn Bhd

• Charges under BAFIA and AMLATFA against G-Gold Gallery Sdn. Bhd. and its 2 directors have been withdrawn (discharge not amounting to acquittal) by Jabatan Peguam Negara. Investors are advised to refer to G-Gold Gallery Sdn. Bhd. if they have any inquiry on this matter.

Bank Negara Malaysia Investigating G-Gold Gallery Sdn Bhd

Latest on G-Gold Gallery Sdn Bhd and its Related Companies

• Case was mentioned at Ipoh Sessions Court

• Case was mentioned at Ipoh Sessions Court

• Case was mentioned at Ipoh Sessions Court and the Court fixed another date for re-mention of the case.

Next mention date is set on 11 March 2011.

• The trial has been postponed to another date.

Next mention date is set on 21 January 2011.

• The trial has been postponed to another date.

Next mention date is set on 29 December 2010.

• The trial has been postponed to another date.

Next mention date is set on 17 December 2010.

• The Court set another date to hear submission from the defense.
• The trial date was also set by Court Judge.

Next hearing date for the submission is set on 30 June 2010 at Ipoh Sessions Court.

Next trial date is set from 19 - 22 October 2010.

3 March 2010

• Case was postponed due to representations submitted by the defense.

Next mention date is set on 2 April 2010 at Ipoh Sessions Court.

• All the charges under the Banking & Financial Institution Act 1989 (BAFIA) and Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA) in Kuala Lumpur Sessions Court have been transferred to Ipoh Sessions Court.

10 November 2008

• Case was mentioned at Kuala Lumpur Sessions Court for offences under the Banking & Financial Institution Act 1989 (BAFIA) and Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).
• Defense counsel submitted representation.

New mention date was set on 3 June 2009.

15 September 2008

• Case was mentioned at Ipoh Sessions Court for offences under Anti-Money Laundering and Anti-Terrorism Financing Act 2001.

Trial dates have been set as follows: -

i) Daniel Choong Yew Chee on 5 to 7 August 2009; and

ii) Khoo Ban Sean Benny on 10 & 11 August 2009.

12 August 2008

• G-Gold Gallery Sdn Bhd's director, Khoo Ban Sean Benny was charged with Kuala Lumpur Sessions Court with 1 count under the Banking & Financial Institution Act 1989 (BAFIA) and 296 counts under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

He was released on RM1 million and RM500,000 bail with 1 surety for charges under AMLATFA and BAFIA respectively.

He was also ordered to surrender his passport.

25 June 2008

• G-Gold Gallery Sdn Bhd's director, Daniel Choong Yew Chee was charged in Kuala Lumpur Sessions Court with 2 counts under the Banking & Financial Institution Act 1989 (BAFIA) and 296 counts under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

He was released on RM1 million and RM500,000 bail with 1 surety for charges under AMLATFA and BAFIA respectively. He was also ordered to surrender his passport.

23 June 2008

• Another director of G-Gold Gallery Sdn Bhd, Daniel Choong Yew Chee was charged in Ipoh Sessions Court with 94 counts under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

He was released on RM1 million bail with 1 surety and was ordered to surrender his passport.

19 June 2008

• One of the director of G-Gold Gallery Sdn Bhd, Khoo Ban Sean Benny was charged in Ipoh Sessions Court with 94 counts under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA) AMLATFA.

He was released on RM1 million bail with 1 surety and was ordered to surrender his passport.

11 May 2006

• Bank Negara Malaysia, in a joint operation with Polis Diraja Malaysia, is investigating G-Gold Gallery Sdn Bhd and its related companies suspected of conducting illegal deposit taking and money laundering activities under the Banking And Financial Institution Act 1989 (BAFIA) and Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

Ongoing Investigation.

1 December 2010

• The 3rd party claims on all the seized assets under AMLATFA 2001 still on going

7 April 2010

• Criminal Sessions Court No. 4 in Seremban, Negeri Sembilan has set another date to hear any third party claims on all the seized assets under the AMLATFA 2001.

24 February 2010

• Criminal Sessions Court No. 4 in Seremban, Negeri Sembilan has set another date to hear any third party claims on all the seized assets under the AMLATFA 2001.

• Criminal Sessions Court No. 2 in Seremban, Negeri Sembilan has agreed to hear any third party claims on all the seized assets, before being forfeited, in line with the provision under subsection 61(2) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA).

The hearing date for third party claims is set on 24 February 2010 at 9.00 am at Seremban Sessions Court No. 2.