Go to Bank Negara Malaysia main website
Financial Fraud Alert logo
Site Map  |  Useful links  |  FAQs   |  Report fraud   |  Return to BNM website
Back to Financial Fraud Alert Homepage      What is Financial Fraud?      Avoid becoming a victim      Enforcement action
Welcome to the Financial Fraud Alert Website of Bank Negara Malaysia.
Enforcement Action
 > Enforcement Action > Use of the word 'bank' or similar name without approval
PRINT      EMAIL

Use of the word 'bank' or similar name without approval

Charged under: Banking and Financial Institutions Act 1989: Section 15(1)

No. Name of Case Accused (Individual or Company Charged) Date of Conviction Punishment
Fine In Default (Fine) Imprisonment
1. BNI Agency, Kajang Lo Ching Heng [B1] (510126-10-5079) 17/04/2003 RM150,000 1 year -
Cheng Swan Choo [B2] (760804-01-6756) Charges against B2 withdrawn on B1's admission - - -

2.

BNI Agency, Johor Bharu

Hing Gee Yen (570915-10-5623)

Charges withdrawn as accused pleaded guilty on offences committed for BNI KL case

-

-

-

3.

BNI Agency, Kuala Lumpur

Hing Gee Yen (570915-10-5623)

28/02/2001

RM350,000

-

-

4.

BNI Agency Penang

Lee Choon Beng (600323-07- 5699)

01/08/2001

RM180,000

4 months

-

 

Terms of Use | Privacy Statement | Disclaimer Copyright © 2010 Bank Negara Malaysia. All rights reserved.