Company director charged with illegal deposit taking, involving more than RM16 million

Kok Chee Boon, 34, pleaded guilty to all the charges.

In the Sessions’ Court before judge Mohammed Mokhzani Mokhtar, Kok was charged with three counts of illegal deposit taking, the first for allegedly accepting RM15,163,200 from the public at 12A, Jalan PJU 3/45 Sunway Damansara Technology Park, Kota Damansara, here, between April and December 2014.

On the second count, he was alleged to have committed the offence by accepting RM998,000 from the public without a valid licence at Hong Leong Bank, Perdana The Place, Damansara Perdana, here, between August and November 2014.

He was also charged with committing the offence by collecting RM48,400 from the public without a valid licence at UOB, Kota Damansara branch, Jalan PJU 5/8, Dataran Sunway, Kota Damansara, between January and December 2015.

The charges were made under Section 137(1) of the Financial Services Act 2013, which provides an imprisonment for up to 10 years, or fine of up to RM50 million, or both, if found guilty.

Mohammed Mokhzani set bail at RM1 million with collateral in two sureties and also ordered Kok to surrender his passport to the court and report himself at the nearest police station every month.

The court set Aug 21 for mention.

Deputy public prosecutor Shafiq Hasim prosecuted, while lawyer Al-Firdaus Shahrul Naing represented Kok.

In the Magistrate’s Court before Magistrate Datin Fadzlin Suraya Mohd Suah, Kok was charged with five counts of dishonestly converting for his own use RM220,560 which was in a Hong Leong Bank account belonging to one Wong Chun Kee, 40.

The offence was allegedly committed at Aerosia Holding Sdn Bhd, Jalan Puteri 1/2, Bandar Puteri Puchong, here between Nov 29, 2015 and Feb 16, 2016.

The charges were made under Section 403 of the Penal Code which provides an imprisonment for up to five years, whipping and fine, if found guilty.

He was allowed bail of RM25,000 with one surety .

The court set Aug 25 for mention.