There are 213 people who invested around RM70 million in entities supposedly connected to Goh, news portal The Edge reported yesterday.His wife, Neow Ean Lee, and 18 entities connected to him will go to court for allegations of fraud, negligence, and breach of trust among others, for allegedly using “his web of intertwined corporate entities” to create schemes to collect deposits from unsuspecting investors.
SPONSORED CONTENT Hajiji says positive economic achievements prove Sabah govt’s commitment Kota Kinabalu: Chief Minister, Datuk Seri Hajiji Noor, emphasised that the positive economic achievements over the past three years underscore the Sabah government’s steadfast commitment to both the administration and development of the state.
Previously, 15 investors sued Goh and four companies under his control over their alleged failure to pay monthly redemption sums and financing returns from their outlay of about RM8 million which is set to go on trial in October. The company said the suspension was needed due to pending shareholder restructuring and recapitalisation for its future stability.
News Newspaper Headlines Malaysia Borneo Local National Business Sport Mobile
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »
Source: gizmochina - 🏆 18. / 53 Read more »
Hong Kong Actor Q Bobo Dines On Durian With Actor Philip Keung In Kuala LumpurMalaysia Latest News, Trends and Entertainment
Source: HypeMY - 🏆 10. / 63 Read more »
Source: JuiceMy - 🏆 11. / 63 Read more »
Source: staronline - 🏆 4. / 75 Read more »
Source: saysdotcom - 🏆 9. / 63 Read more »