Malaysia

Ex-clerk charged for unlicensed moneylending

Yap Chee Siang accused of providing a loan of over RM150,000 since Apr 2021

Updated 3 years ago · Published on 30 Dec 2022 3:54PM

Ex-clerk charged for unlicensed moneylending
Judge M. Bakri Abd Majid has allowed former clerk Yap Chee Siang bail of RM30,000 with one surety and also ordered him to surrender his passport to the court, following a not guilty plea to a charge of conducting moneylending business without a licence. – The Vibes file pic, December 30, 2022

KUALA LUMPUR – A former clerk pleaded not guilty in the sessions court here today to a charge of conducting moneylending business without a licence.

Yap Chee Siang, 25, was charged with committing the offence since April last year, during which he was alleged to have provided a loan of RM158,120 to one Wong Chiew Ken, 34, in Bandar Baru Sentul here between April 1, 2021 until September 19.

The charge, framed under Section 5(2) of the Moneylenders Act 1951, provides a maximum fine of RM1 million or imprisonment for up to five years or both, if found guilty.

Judge M. Bakri Abd Majid allowed Yap bail of RM30,000 with one surety and also ordered him to surrender his passport to the court.

He set February 7 for mention.

Deputy public prosecutor Hanis Anisha Jamilludin prosecuted, while Yap was represented by lawyer Abdul Rahman Zainal Abidin. – Bernama, December 30, 2022

Related News

Malaysia / 5y

Employer who beat up fasting bodyguards ‘runs illegal moneylending, gambling racket’

Malaysia / 5y

Johor police arrest 2 women suspected of ‘Ah Long’ activities

Spotlight

Opinion

Can Najib break Madani?

World

Trump offers UFC CEO the position of Press Secretary

Malaysia

Building a great nation begins with happy families, says Anwar

Malaysia

Anwar should sack BN ministers who are not aligned with him – Muhyiddin

Malaysia

AGC rejects claims of defying King’s decree on Najib

Malaysia

Deepavali: Selangor Sultan calls on Malaysians to strengthen unity, reject hatred

Malaysia

If there were still obstacles, why accept the RM50m payment, asks Najib’s daughter

Malaysia

Where did UMNO's RM50 million payment for Najib's release come from?

By The Vibes Says

You may be interested

Malaysia

Abang Johari hints four incumbents will be retained for Sarawak polls

Malaysia

Chery denies component failure after Tiggo Cross loses wheels in NKVE crash

Malaysia

Anwar condemns far-right extremism following deadly Poland shooting

By Alfian Z.M. Tahir

Malaysia

AGC rejects claims of defying King’s decree on Najib

Malaysia

Ab Rauf looks to young voters to shore up BN’s Melaka election bid

By Alfian Z.M. Tahir

Malaysia

Rice supply can last six months, fish for eight; Mat Sabu urges public not to panic

Malaysia

Little activity at Najib’s Langgak Duta home as house arrest remains uncertain

Malaysia

Deepavali: Selangor Sultan calls on Malaysians to strengthen unity, reject hatred