Bank Negara, police raid 5 premises in Johor


Bank Negara said on Friday the operators had committed an offence under section 7(1) of Money Services Business Act 2011 (MSBA).

KUALA LUMPUR: Bank Negara Malaysia and the police raided five premises in Johor on Wednesday for carrying out money services business without a licence.

Bank Negara said on Friday the operators had committed an offence under section 7(1) of Money Services Business Act 2011 (MSBA).

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

   

Next In Business News

Malaysia's September LI up 1.8%, shows continued economic growth - DoSM
CBH Engineering inks underwriting deal with Mercury Securities
ACE Market-bound Topvision aims to raise RM17.89mil from public offering
FBM KLCI jumps 15 points as banks rally ahead of results
World Bank appoints Judith Green as country manager for Malaysia
Bank Pembangunan, Aim Concept ink RM75mil facility for Penang General Hospital
Oil holds at 2-week high as Russia, Iran tensions support prices
Foreign funds record RM165.3mil weekly net sale of Malaysian equities
FBM KLCI rises as reporting period in full swing
Ringgit opens higher against greenback as DXY retreats

Others Also Read