Malaysia Case Law: Decisions & Judgments | LexChat

Malaysia Case Law

Definition of deposit
  • 9 Apr 2026

    CHOW SIAN POH

    Citation
    WA-42K-9-07/2024 (Mahkamah Tinggi)
    Court
    High Court
    Case number
    WA-42K-9-07/2024 (Mahkamah Tinggi)

    The High Court held the payments to the appellant met the statutory definition of 'deposit' under s136 and that acceptance of those deposits without a licence contravened s137; the prosecution adduced sufficient evidence (Bank Negara witness, bank records, exhibit P4) and the absence of Dato' Seri Alex Teh did not vitiate the case because he was not traceable and the prima facie case was established; accordingly conviction and a four-year prison sentence were upheld.