In a statement, the regulator said Chua, formerly vice president of debt markets at Hong Leong Investment Bank Bhd, had represented to the victims that they were investing in purported investment schemes involving subscription of securities, when in fact such schemes did not exist.
Following his deportation by the Cambodian authorities, Chua was brought to the Kuala Lumpur Sessions Courts this morning to face four charges under subsection 179 of the Capital Markets and Services Act 2007 . The charges were read out in two separate courts today. Sessions Court judge Kamarudin Kamsun granted bail at RM300,000, with one surety.
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