Published: Thursday October 18, 2012 MYT 8:35:00 PM
Updated: Thursday October 18, 2012 MYT 8:37:52 PM
Bank Negara: Statements being recorded from affected parties in probe on gold trading firms
PETALING JAYA: Bank Negara Malaysia (BNM) has started taking down statements from the affected parties following its major probe into gold trading firms.
The central bank said that relevant agencies were now recording statements from the directors, senior management of the firms, agents and the investors.
In a statement Thursday, the central bank added that extensive and detailed analysis was now being conducted on the assets and liabilities of the companies.
"Orders have also been issued to the directors and key personnel of the companies concerned to declare their assets in Malaysia and overseas, including those of their spouses and proxies," it said.
Earlier this month, BNM together with the police, Domestic Trade, Cooperative and Consumerism Ministry and Companies Commission of Malaysia raided the offices of gold trading company Genneva Malaysia Sdn Bhd for suspected illegal deposit-taking and money laundering.
At the same time, BNM said the relevant enforcement agencies were working fast in the case, making these investigations a priority.
"Action will be taken on those companies that offer fraudulent and deceptive financial or interest schemes that promise high monthly returns which are funded from future investors and not from gold trading activities or any other legitimate business activities," it also said.
For more information, members of the public may contact BNM's customer contact centre at 1-300-88-5465.
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