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Securities Commission Malaysia Seeks Public Help To Locate Uzir Abdul Samad Date 18/02/2021 The Securities Commission Malaysia (SC) is seeking information from members of the public to locate Uzir Abdul Samad (Uzir), otherwise known as Haji Uzir, who is a suspect in SC’s investigation into activities of an unlicensed investment adviser.
The SC has taken several measures, including, placing advertisements and working with relevant authorities to track Uzir. In 2016, the SC obtained a warrant of arrest against Uzir for offences under Sections 58 and 362(3) of the CMSA, for carrying out regulated activities without a licence, and for defrauding investors by representing himself as a member of the Financial Planning Association of Malaysia (FPAM) and a Capital Markets Services Representative’s Licence (CMSRL) holder. If convicted, Uzir is liable to a fine not exceeding RM10 million or imprisonment not exceeding 10 years, or both. ....
SC seeks public help to locate suspect in unlicensed investment adviser investigation theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.