KUALA LUMPUR: A 58-year-old Singaporean man who was just released from a prison in the Republic was brought to court here Thursday (Dec 21) over allegations of accepting illegal deposits said to amount to RM230mil.
Sunshine Empire Sdn Bhd founder Phang Wah pleaded not guilty to two counts of accepting deposits without a valid licence under Section 6 (4) of the Banking and Financial Institutions Act.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
