Genneva Sued For Fraud

Posted by Kris | Thursday, December 20, 2012 | , | 0 comments »

So the lawsuit suing has begun.. The ball is rolling
From TheStar
KUALA LUMPUR: Nine investors have filed a suit in the High Court here against Genneva Malaysia Sdn Bhd and four others for misrepresentation and fraud.
Lawyer Mohamed Siddiq Azani, representing the nine investors, told reporters here Thursday that his clients are claiming RM2mil that they have invested.
He said his clients are suing for misrepresentation by the four defendants on the pretext that the scheme was shariah-compliant.