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Charged with illegal money-lending

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KUALA PILAH: A 52-year-old man claimed trial in the Sessions Court here to a charge of running a money-lending business without a valid licence.

Hoe Kian Lim from Bahau pleaded not guilty after the charge was read to him before judge Norma Ismail.

He allegedly committed the offence between Sept 16, 2020, and April 18, 2021, at a premises along Jalan Hospital in Ladang Geddes in Jempol, where he lent RM474,000 to a 66-year-old individual. Hoe was charged under Section 5 of the Money Lending Act, which carries a fine of between RM250,000 and RM1mil, a jail term of up to five years or both, upon conviction.

The court granted Hoe RM30,000 bail and fixed May 3 for mention. Muhammad Amirul Noor Hashimi prosecuted while Hoe was unrepresented.

 

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Bahau man, 52, charged with illegal moneylendingKUALA PILAH: A 52-year-old-man has been charged at the Sessions Court here with conducting a moneylending business without a valid licence.
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