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Bank Manager Fined RM40mil, Jailed Seven Years for Fraud, Money Laundering

KUCHING: A relationship manager with an international bank was sentenced to seven years' jail, fined RM40mil and ordered to receive 16 strokes of the cane by the Sessions Court here after pleading guilty to fraud and money laundering charges.

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The 39-year-old bank relationship manager was also given 24 strokes of the cane after pleading guilty to 16 charges involving eight senior citizens at the Sessions Court.

·Petaling Jaya, Malaysia
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Kuching: The Sessions Court here today sentenced a relationship manager of an international bank to seven years in prison, 24 strokes of the cane and a fine of RM40 million to be served on him after he pleaded guilty to 16 counts of fraud and eight counts of money laundering. Kho Yung Kang, 39, was charged with defrauding eight senior citizens aged between 60 and 75 of RM1.58 […] The post Bank relationship manager sentenced to seven years in pri…

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Free Malaysia Today News broke the news in Petaling Jaya, Malaysia on Wednesday, September 2, 2026.
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