KUALA LUMPUR: A businessman was sentenced to one day in jail and fined RM400,000 for allowing his friend to dispose of more than 14 million shares in a local furniture manufacturer in his central depository system (CDS) account some 18 years ago.
KUALA LUMPUR: A businessman has been sentenced to one day in jail and fined RM400,000 by the Sessions Court here on Monday (Dec 12) for allowing his friend to dispose of more than 14 million shares in a local furniture manufacturer in his central depository system (CDS) account, 18 years ago.