KUALA LUMPUR (Bernama): Eight individuals were sentenced to between three and nine years in jail by the High Court here on Tuesday (Aug 4), for money laundering and illegal deposit-taking related to gold bullion investments in 2011.
Judicial Commissioner Datuk Ahmad Shahrir Mohd Salleh also fined all accused between RM1mil to RM3mil and ordered them to serve another two to four years jail if they failed to pay the fine.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!