Anti Money Laundering Act of Malaysia

Press statements from Bank Negara

Ref No : 10/12/01

Embargo : For immediate release    

Joint Raiding Operation on Genneva Malaysia Sdn Bhd

A joint raiding operation was conducted today on Genneva Malaysia Sdn Bhd and its affiliates by the Royal Malaysian Police, Ministry of Domestic Trade, Cooperatives and Consumerism, Companies Commission of Malaysia and Bank Negara Malaysia for suspected offences under the laws administered by the respective enforcement agencies.
 
Singapore’s Commercial Affairs Department has also conducted a similar operation against Genneva Pte. Ltd. in Singapore.
 
The public is advised to be cautious in investing their money to avoid becoming victims of activities that are illegal and in breach of the law.
 
The Royal Malaysian Police
Ministry of Domestic Trade, Cooperative and Consumerism
Companies Commission of Malaysia

Bank Negara Malaysia
01 October 2012

© Bank Negara Malaysia, 2012. All rights reserved.