SUNGAI PETANI – A married couple and another person pleaded not guilty in separate sessions courts here today to four charges of accepting deposits without a licence amounting to almost RM50,000 about three years ago.
The accused are company director Suchart Ee @ Quah, 57, his wife Kamontip Chu @ Chim, 49, who is a financial clerk at the company, and a former director of the company, Mohamad Nahur Azad Ibrahim, 41.
In the court before Judge Azman Abu Hassan, the three of them were jointly charged with accepting deposits amounting to RM17,000 without a valid licence from one Teng Li Fong, 38, at Perdana Heights, here between 11.47am and 11.52am on November 10, 2020.
In another court, before Judge Roslan Hamid, the three of them were jointly charged with three counts of accepting deposits without a valid licence, involving RM11,385, RM6,000 and RM15,000, respectively, also from Teng, at the same place between March 9, 2020, and September 30, 2020.
All the charges were framed under Section 137(1) of the Financial Services Act 2013 and can be punished according to Section 137 (2) of the same law which provides a maximum imprisonment of 10 years or a fine of not more than RM50 million or both, if found guilty.
Judge Azman allowed them bail of RM10,000 in one surety each, while Judge Roslan set bail at RM20,000 with one surety each for all charges.
Both courts set January 16 for mention.
The prosecution was conducted by deputy public prosecutors Nur Hamizah Mat Shah and Zulfadzly Hassan, while the three accused were represented by lawyer Ummi Kalthum Zakaria. – December 13, 2023