Unlicensed money lender claims trial in Ipoh


IPOH: An odd-job worker pleaded not guilty at the Magistrate’s Court here to a charge of operating an unlicensed money-lending business.

Ting Chuan Yau, 35, claimed trial to the charge before magistrate Siti Nora Shariff here on Monday (Oct 28).

Ting is charged with conducting the business by lending money to an unnamed individual in front of a restaurant at Persiaran Perpaduan Utara 1 in Taman Bercham Raya here on Oct 21.

The case was framed under Section 5 (2) of the Moneylenders Act 1951, which provides for a maximum fine of RM1mil or a jail term of up to five years or both upon conviction.

Deputy Public Prosecutor Nur Aqilah Syaza Ariffin proposed bail at RM7,000 in one surety.

Ting who was represented by counsel S. Teeban Kummar asked for bail to be set at RM2,000.

“My client has been cooperating with the police, and this is not a serious offence,” he said.

Siti Nora Shariff allowed bail at RM3,000 with one surety and fixed the next mention date Dec 23.

   

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