Updates on Criminal Prosecution in 2020
No. Nature of Offence Offender(s) Facts of Case Date Charged
Criminal Prosecution Initiated – Person(s) Charged
1. Securities Fraud Afkariah binti Md Norani

Afkariah binti Md Norani (Afkariah), a former unit trust consultant, was charged with 4 counts of securities fraud under Section 179(b) of the Capital Markets & Services Act. Between August 2015 and November 2016, Afkariah is alleged to have deceived four individuals of investments amounting to RM50,000. Afkariah allegedly represented to the investors that their monies would be invested in an RHB Investment Bank Bhd (RHBIBB) investment scheme when in fact, such scheme did not exist. The monies deposited by the said individuals were instead used by Afkariah to purchase shares in her own trading account at RHBIBB.

Afkariah was charged on 13 February 2020.
2. Failing to appear before SC Investigating Officer in connection with an investigation
  • Ong Kar Kian
  • Amirruddin Bin Nin

Ong Kar Kian and Amirruddin Bin Nin were charged with 3 counts respectively for failing to comply with the orders issued by SC Investigating Officer in 2017 and 2018 requiring them to attend before the said officer for their statements to be recorded, under section 32(8)(a) of Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA).

Ong who was the Group Accountant of Asia Media Group Berhad and Amirruddin who was a named director of several private companies were required by the SC to assist in an on-going investigation under the Capital Markets and Services Act 2007 and AMLATFPUAA.

Ong and Amirruddin were charged on 19 February 2020.
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