Ceo Managing Director Charged With Accepting Deposits Without Licence


Nasri Abdul Rahim (left) and Wahab S Mohd Mydin were charged at two separate sessions courts with 60 counts of accepting deposits without a valid licence. (Bernama pic)BUTTERWORTH: A managing director and a chief executive officer of an investment company were charged at two separate sessions courts here with 60 counts of accepting deposits without a valid licence.
The deposits amounted to RM750,000 and were meant for investment purposes between 2019 and 2020.
Nasri Abdul Rahim, 36, and Wahab S Mohd Mydin, 53, pleaded not guilty to all charges before judge Noor Aini Yusof and judge Norhayati Mohamad Yunus.
Before Noor Aini, Nasri faced 19 charges of accepting deposits without a valid licence and three charges for committing the offence while abetting Wahab.
Wahab was accused of one count of accepting deposits without a valid licence and 10 counts of abetting Nasri to commit the offence.
The charges were framed under Section 137 (1) of the Financial Services Act 2013, punishable under Section 137 (2) of the same Act which carries a jail term of up to 10 years or a fine of up to RM50 million or both if convicted, while the abetting charges were read together with Section 109 of the Penal Code.
According to the charge sheet, Nasri and Wahab were accused of accepting cash deposits for investment purposes between April 2019 and February 2020 from three victims at various banks in Penang and one in Selangor.
The court fixed Aug 1 for mention and set bail at RM117,000 for all charges with one surety for Nasri.
The court also set bail at RM71,000 for all charges with one surety for Wahab and ordered both of them to surrender their passports to the court.
Earlier, deputy public prosecutor Nur Fazliyana Ahmad requested RM10,000 bail for each of the charges for Nasri and Wahab.
Nasri, represented by lawyer S Raveentharan, asked for a lower bail because his client has diabetes and high blood pressure. Lawyer Sharulnizam Md Roni, representing Wahab, said his client is married with five children and has heart disease, severe back, and gastric pain.
Meanwhile, in Norhayati’s court, Nasri was charged with 11 counts of accepting deposits without a valid licence at the same time and place.
At the same court, Wahab was charged with one count of accepting deposits without a valid licence and 18 counts of committing the offence while abetting Nasri.
The charges were framed under Section 137 (1) of the Financial Services Act 2013, punishable under Section 137 (2) of the same Act which carries a jail term of up to 10 years or a fine of up to RM50 million or both if convicted, and the abetting charges were read together with Section 109 of the Penal Code.
Deputy public prosecutor Qatrin Harun asked for bail to be set at RM10,000 for each charge against Nasri but Raveentharan requested a lower bail, citing the same reasons in Noor Aini’s court.
Qatrin also urged the court to set bail at RM10,000 per charge against Wahab but Sharulnizam told the court that his client was facing 11 charges at a separate court and cited the same reasons in asking for a lower bail.
The court set bail at RM5,000 per charge amounting to RM55,000 with one surety for Nasri and RM5,000 per charge, totalling RM95,000, with one surety for Wahab.
The court also fixed Aug 1 for mention pending submission of documents. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2022/07/ceo-managing-director-charged-with.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Priest Charged With Molesting Raping Teen

Priest Charged With Molesting Raping Teen

papar berkaitan - pada 18/6/2022 - jumlah : 323 hits
The accused was alleged to have first molested the 17 year old girl at a church in Bentong in 2019 PETALING JAYA A priest was today charged at the sessions court in Raub with 17 counts of molesting and raping a teenager Kok Chaw Fatt 64 how...
How An Innovative Entrepreneur Frames His World With The Galaxy Tab S8 Ultra

How An Innovative Entrepreneur Frames His World With The Galaxy Tab S8 Ultra

papar berkaitan - pada 22/6/2022 - jumlah : 235 hits
For the risk taking business minded individual a versatile portable device that can manage multiple apps and programmes is a crucial tool in their arsenal This is why go getter entrepreneur ditched his laptop and now relies on his Galaxy Ta...
Kedah Farmer Comes Up With 2 New Durian Varieties

Kedah Farmer Comes Up With 2 New Durian Varieties

papar berkaitan - pada 21/6/2022 - jumlah : 171 hits
The J Sparrow durian one of two varieties developed by a farmer in Bedong Kedah It has light yellow brown flesh with a moderate aroma PETALING JAYA A durian farmer in Bedong Kedah has come up with two new varieties known as D216 and D217 wi...
Witness Suspects Syed Saddiq Conspired With Two Other Individuals Over Missing Rm250 000

Witness Suspects Syed Saddiq Conspired With Two Other Individuals Over Missing Rm250 000

papar berkaitan - pada 22/6/2022 - jumlah : 224 hits
Syed Saddiq arrives at the Kuala Lumpur Court Complex July 22 2022 8211 Bernama photo KUALA LUMPUR An assistant superintendent of the Royal Malaysia Police told the High Court here today that he suspected Muar MP Syed Saddiq Syed A
Lawyer For Samirah Gets Into Scuffle With Photographers

Lawyer For Samirah Gets Into Scuffle With Photographers

papar berkaitan - pada 21/6/2022 - jumlah : 186 hits
Lawyer S Suresh during an altercation with a photographer at the Shah Alam High Court today SHAH ALAM A lawyer representing Samirah Muzaffar and two teenagers in the murder trial of Cradle Fund CEO Nazrin Hassan was involved in a scuffle wi...
Xiaomi Celebrates Stores 6th Anniversary By Touring With The New Xiaomi Cyberdog

Xiaomi Celebrates Stores 6th Anniversary By Touring With The New Xiaomi Cyberdog

papar berkaitan - pada 21/6/2022 - jumlah : 237 hits
In celebration of Xiaomi Authorized Stores 6th Anniversary in Malaysia Xiaomi CyberDog will be placed at selected stores across Malaysia for customers and Fans to interact with From 18th to 30th June get FREE gifts and win lucky draws at al...
Third Generation Food Distributor Expands To Help Malaysians Cope With Rising Grocery Cost

Third Generation Food Distributor Expands To Help Malaysians Cope With Rising Grocery Cost

papar berkaitan - pada 21/6/2022 - jumlah : 185 hits
Lee s Fandbee rebrands as Fandbee investing RM100 mil to expand across southeast Asia including Malaysia Fanbee Managing Director Gareth TanThird generation food distributor Fandbee today announced its aggressive expansion plans to help Mal...
Beli Rumah Lebih Jimat Dengan Kempen Hartanah Bumiputera Matrix

Bersatu Man Demands Dnb Exit Strategy For U Mobile

Tattoos Raised And Itchy

Khutbah Jumat Jumadil Awal Tangis Ibnu Rawahah Jelang Perang Mu Tah

Tattoos Portland Maine

Bertolak Ansurlah

Kisah Adv 160 Pengajaran Dari Bateri Lemah

Haram Guna Dan Jual Vape Dewan Pemuda Pas Pahang Zahir Sokongan Penuh Terhadap Titah Sultan


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


Training Refresher Sistem 24 10 2024 29 10 2024

Pas Langkaui Retorik Dap Isytihar Pas Muuh Utama

Kru Voodoo Chord

Umno Youth To Protest Extra Hours For Civil Servants Working Shifts

Abang Adik Wins Best Film Award In Los Angeles

Sisters In Islam Denounce Cruel Public Caning At Mosque