Nuffnang Ads


Peralatan Baharu Akan Pertingkatkan Carian Pesawat - Tiong Lai

Amerika Sedia Kongsi Kepakaran Teknologi Nuklear Dengan Malaysia - Duta

Pengambilan Pekerja Antara Kerajaan Boleh Turun Kos

Sindiket Curi Kereta Tumpas

Atlet Paralimpik Mampu Realisasikan Pingat Emas di Rio De Janeiro

Jadual Perlumbaan Grand Prix Motosikal Malaysia, Ahad

Gali 150 Mayat Untuk Ke Parti Hari Lahir

ISIS Makin Ganas

Dua Pelajar Di Washington Terbunuh, Empat Cedera Ditembak Rakan Sekelas

Balak Haram: Lebih Ramai Akan Ditahan - Jamidan

Geng Sekinchan Tumpas, 12 Lelaki Warga Tempatan Ditahan

Dua Lelaki Dikhuatiri Lemas Terjatuh Daripada Rakit

Perompak Kereta Diplomat Turki Diburu

Malaysia Tambah Dua Perak, Satu Gangsa Hari Kedua Terjun Grand Prix FINA

Separuh Akhir Piala Malaysia: JDT Layak Ke Akhir, Menang Agregat 6-5

Keputusan Liga Perdana Inggeris

Pekerja Indonesia Mati Terkena Renjatan Elektrik

Caj Bayaran Kenderaan Asing Akan Ditetapkan Kerajaan Persekutuan - Aziz Karpawi

Mayat Lelaki Dalam Keadaan Berulat Dijumpai di George Town

Kanak-Kanak Maut, Dua Lagi Parah Dalam Kemalangan di LPT

Kanak-Kanak Enam Tahun Hilang Ketika Berkelah Bersama Keluarga di Port Dickson

Penulis Digesa Tangkis Serangan Golongan Liberal

Rizalman Ditahan Mahkamah New Zealand

Koleksi Baju Anak Scha-Awal Lebih 200 Helai

Razak Mohaideen Kembali Mengarah Selepas 2 Tahun Menyepi

Orlando Bloom Nafi Jalin Hubungan Dengan Selena Gomez

Sharifah Sakinah Selamat Bertunang, Nikah Pada 28 Mac 2015

Aktivis Cuba Dapatkan Suaka Politik Di Sweden

Diugut Bunuh, Penganjur 'I Want To Touch A Dog' Kalut Tinggalkan Sidang Media

Azmin Mahu Tumpu Usaha Bangunkan Selangor

Kerajaan Layan Saya Macam Sampah - Ali Abd Jalil

604 pelatih PLKN tidak boleh bercakap bahasa Melayu

Kajian bukti Melayu bukan pendatang dari China, kata ahli akademik

Aksi Wanita Singapura Pukul Kanak-Kanak Guna Payung Atas MRT Dirakam

Penjaga Kunci Kaabah Meninggal Dunia

Kami Tidak Suruh Peserta Peluk, Cium Anjing

Itik Patuh Azan Masuk Reban

Kajian Idea Pembangunan Bandar Raya Belia Bermula Tahun Depan

Penghinaan Terhadap Islam Berterusan Jika Umat Tak Bersatu

PBNJ Kutuk Penyokong Ganggu Latihan Felda United

Pencari Besi Buruk Maut Dipukul Dua Lelaki

Syafiq Muncul Pelumba M’sia Pertama Raih Kemenangan Podium

Moto2: Sakit Belakang Bukan Penghalang Bagi Hafizh

Moto3: Hafiq Harap Tuah Di Litar Sendiri Raih Mata Pertama

APMM Sabah Rampas Rokok Pelbagai Jenama Bernilai RM1.41j

Pahang Layak Ke Perlawanan Akhir Hasil Aksi Cemerlang Pemain

Dua Keluarga Mangsa Kebakaran Bakal Terima Rumah Baru

Isteri Zairil Yang Muatnaik Gambar Intim Suami Dan Dyana?

Rintihan Hati Isteri Pertama Ustaz Azhar Idrus..

Dua Atlet Angkat Berat Digantung 2 Tahun Positif Doping

‘Pelamin Angan’ Musnah, Hanya Kerana Wajah Persis Nenek

Naya.. Lelaki Mahu Bantu Mangsa Kemalangan Dituduh Miang

Empat Pasangan Bernikah Sempena Maal Hijrah

Mahasiswa Pro-Pembangkang Sokong Program Anwar di UM

Video: Lamaran Paling Romantis Ini Boleh Buat Anda Nangis!

Semak Status Bayaran Bil TNB Oleh Penyewa Secara Online

Kaki Gunung Keriang Jadi Tempat Longgokan Sampah

Thursday, October 4, 2012

Genneva investors still in shock

Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2012/10/3/nation/12115893&sec=nation

Published: October 03, 2012
Reports by REGINA LEE, DAVID TAN, TERENCE TOH, KOW KWAN YEE, QISHIN TARIQ, and EDMUND NGO

PETALING JAYA: Investors of gold trading scheme Genneva Malaysia Sdn Bhd were still in shock a day after an investigative raid on the company.

Anxious and confused over the scope of investigations, hundreds of them converged at the company's headquarters in Jalan Kuchai Maju 6, here, and its office in Penang, demanding answers.
However, Bank Negara Malaysia spokesman Lee Poh Fong said a statement would only be issued after investigations had concluded.

“There is nothing wrong with gold trading but we want investors to be careful against those promising high returns,” she said, referring to a previous press release issued on Sept 5.

Looking for answers: Some 100 consultants and customers being ushered into a meeting room for a briefing session conducted by Genneva regional director Datuk Joseph Kow at the branch office in Gelugor, Penang. 
Looking for answers: Some 100 consultants and customers 
being ushered into a meeting room for a briefing session 
conducted by Genneva regional director Datuk Joseph 
Kow at the branch office in Gelugor, Penang.
 
According to the Domestic Trade, Cooperatives and Consumerism Affairs Ministry's enforcement division, one of the four government agencies involved in the raid of the firm, the action was in response to numerous complaints by investors.

Division head Mohd Roslan Mahayudin said besides Bank Negara, the lead agency heading the operations and investigations, the ministry had also been receiving complaints over the past four months from people who had allegedly lost their investments.
“The decision to raid Genneva was carried out by a task force led by BNM to probe get-rich-quick schemes,” he said.

Sources familiar with the investigations said the company was being investigated for offences under money-laundering and deposit-taking laws.
Singapore's Commercial Affairs Department conducted a similar swoop on >Genneva Pte Ltd's Orchard Towers offices in the city-state on Monday.

Shocked investors and agents of Genneva Malaysia Sdn Bhd crowded the company’s offices in Kuala Lumpur and Penang, anxious to find out if their gold trade investments are safe in the wake of the raid by several government agencies.  
Shocked investors and agents of Genneva Malaysia Sdn Bhd 
crowded the company’s offices in Kuala Lumpur and Penang, 
anxious to find out if their gold trade investments are safe in 
the wake of the raid by several government agencies.
 
Genneva has ceased all transactions pending the outcome of the investigations.
In a public statement posted on its Facebook page and website, the firm urged agents and customers to stay calm while it settled the issues with the authorities.
In GEORGE TOWN, a senior official of the company claimed that Genneva had not violated any laws.

The official, who wished to remain unnamed, said the firm wrote to the Finance Ministry earlier this year for guidance on gold trading and had also given its views on the business.
He said the ministry replied that a meeting would be arranged to listen to Genneva's views and suggestions on gold trading.

“So far, there has been no feedback on when the meeting will be held. We thank our customers for supporting us. We are purely a gold trading company. We will work hard to resolve this matter as quickly as possible.
“We urge our consultants and customers to remain calm for the time being,” added the official.

No comments:

Post a Comment