30 Oct 2025
ONG BOON HOI HARZUL RIDZUAN BIN HARUN
- Citation
- TA-B52NCC-2-09/2022 (Mahkamah Sesyen)
- Court
- Sessions Court
- Case number
- TA-B52NCC-2-09/2022 (Mahkamah Sesyen)
On the balance of probabilities the signed agreement between Ong Boon Hoi (in his personal capacity) and the defendant was valid and binding; the defendant received RM947,350 and the transaction was a repayable loan (not an enforceable investment or a business of moneylending by the plaintiff); allegations of fraud and illegality were unproven or afterthoughts and the Moneylenders Act did not render the agreement void; consequently plaintiff is entitled to judgment for RM947,350 with interest at 5% per annum and costs RM8,000.