WebNov 19, 2024 · KUALA LUMPUR (Nov 19): i-Serve Online Mall Sdn Bhd has requested that Bank Negara Malaysia (BNM) clarify “vague and factually incorrect” statements in a press release issued by the Central Bank on Monday (Nov 15) regarding the joint enforcement action on the company. WebApr 20, 2024 · BNM issued a freezing order under Section 44(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds from Unlawful Activity Act on Nov 11 last year. Four days later, the central bank issued a press release stating that i-Serve Online Mall and its affiliates had been raided and claimed the cash was seized instead of frozen.
i-Serve Online Mall Granted Leave To Challenge Freezing Of ... - Law
WebAug 11, 2024 · BNM said in a statement that 45 bank accounts in seven banks were frozen and cash totalling RM118.7 million was seized in the raid. It said the company, which was established in 2001, as well as its affiliates, are being investigated under the Financial Services Act 2013 (FSA) and the Anti-Money Laundering, Anti-Terrorism Financing and … WebNov 19, 2024 · FINTECH player i-Serve Online Mall Sdn Bhd has requested Bank Negara Malaysia (BNM) to clarify what it described as “vague and factually incorrect” statements in a media release issued by the central bank on Monday (Nov 15) with regard to joint enforcement action on the company. According to The Edge, it sighted the request via a … boho surat
i-Serve Online Mall requests BNM to clarify
WebAug 11, 2024 · E-commerce firm i-Serve Online Mall Sdn Bhd and 11 others contend that Bank Negara Malaysia’s seizure orders are defective and made in bad faith and may destroy the company’s business. WebPage 1 of 1 1) Name of Institution: I-SERVE PAYMENT GATEWAY SDN BHD General info: Item Details Name of institution I-SERVE PAYMENT GATEWAY SDN BHD Logo of institution Name of e-money product/ brand Zapp WebNov 17, 2024 · Bank Negara Malaysia has raided 22 premises connected to i-Serve Online Mall and its related affiliates in Kuala Lumpur and Selangor for financial crimes. The … boho sunshine image