JOHOR BARU: A man pleaded guilty at the Sessions Court here today to a charge of providing money remittance services without a license last year.
Mohammad Teo Kai Seng Abdullah, 46, was accused of committing the offence between Sept 12 and Dec 4, 2019 at premises at No 15, Jalan 7 1/2 Kota Tinggi-Pandan here.
He was charged under Subsection 4(1) Money Services Business Act 2011, which is punishable under Subsection 4(4) of the same Act.
Judge Aizatul Akmal Maharani then set March 19 for sentencing.
Bank Negara Malaysia deputy public prosecutor Hardeep Kaur asked the court to set bail at RM50,000, but Aizatul Akmal set bail at RM30,000 in one surety, and asked the accused, who was unrepresented, to hand over his passport to the court.
Mohammad Teo was previously fined RM200,000 and jailed for day after pleading guilty to the same charge in April 2018.