BUTTERWORTH: The chief executive officer and managing director of an investment company have been charged in two separate Sessions Courts here with 30 counts each of accepting nearly RM750,000 in deposits without a valid licence.
Chief executive officer Abdul Wahab S. Mohd Mydin, 53, and managing director Mohd Nasri Abdul Rahim, 36, claimed trial to accepting deposits without a valid licence from three people at various banks in Penang and one in Selangor between April 2019 and Feb 14, 2020.
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