KUALA LUMPUR - Five more individuals and another company have been charged in connection with the gold investment scheme company Genneva Malaysia Sdn Bhd.
The five and Ng Advantage Sdn Bhd were charged in the Sessions Court here yesterday with 277 counts of money laundering involving RM937 million (S$360 million).
They are alleged to have received illegal proceeds from Genneva Malaysia Sdn Bhd and transferred them to personal and company accounts.
The five are siblings Ng Wan Yee, 34, and Ng Yee Yaw, 32; Chiew Soo Ling, 49, Alex Yew Soo Hun, 37, and Tony Yao Kee Boon, 52.
The sister and brother are directors of Ng Advantage.
They are the children of Genneva business adviser Datuk Ng Poh Weng, 63, who was slapped with 155 money laundering charges on Friday.
Chiew is the wife of Genneva director Datuk Philip Lim Jit Meng, 56, who had been charged in two courts here with allegedly making a false statement, illegal deposit-taking and money laundering.
Ng Advantage, a company related to Genneva, was charged with 82 counts of money laundering yesterday.