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> Nine investors sue Genneva for fraud, reheat again News

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TSIluvProton
post Dec 20 2012, 02:52 PM, updated 13y ago

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Nine investors sue Genneva for fraud
By M. MAGESWARI



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.

They have named Genneva and its directors Tengku Muhaini Sultan Ahmad Shah, Philip Lim Jit Meng, Ahmad Khairuddin Ilias and Tan Liang Keat as defendants in the suit.



2mil so hardcore
SUStat3179
post Dec 20 2012, 02:53 PM

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2 million?

He be lucky to even get back habuk from the company nao....biggrin.gif
fantasy1989
post Dec 20 2012, 02:54 PM

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dapat 20k balik also need to kamsia god liao
robertngo
post Dec 20 2012, 02:56 PM

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no more defending the company? looks like people finally sober up from drinking the kool aid
chansellor
post Dec 20 2012, 02:58 PM

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Where is the fan / supporter?
fantasy1989
post Dec 20 2012, 03:00 PM

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QUOTE(robertngo @ Dec 20 2012, 02:56 PM)
no more defending the company? looks like people finally sober up from drinking the kool aid
*
some ppl kenot wait liao ..so start giving pressure to genneva whistling.gif


QUOTE(chansellor @ Dec 20 2012, 02:58 PM)
Where is the fan / supporter?
*
https://www.facebook.com/GennevaMalaysiaSupporters?fref=ts

they got share this news also ..look at all their comments
yeezai
post Dec 20 2012, 03:01 PM

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anything more then 20% per annum are too good to be true...
ar188
post Dec 20 2012, 03:01 PM

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QUOTE(fantasy1989 @ Dec 20 2012, 02:54 PM)
dapat 20k balik also need to kamsia god liao
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lawyer fees leh?
fantasy1989
post Dec 20 2012, 03:03 PM

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QUOTE(ar188 @ Dec 20 2012, 03:01 PM)
lawyer fees leh?
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taktahu lol

btw ..got 1 comment

CODE
go shot yourself with lots of paintball at your association till you wake up. I agreed with you Geneva is not real But GENNEVA is THE REAL DEAL. Get your spelling right !!!



LOLOLOLOLOLOLOLLLLLLLL
pml_318
post Dec 20 2012, 03:04 PM

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for RMB 2M only ....laugh.gif
FrostLance
post Dec 20 2012, 03:04 PM

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ooo anak sultan pahang is one of the freaking directors
iceypain
post Dec 20 2012, 03:09 PM

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QUOTE(yeezai @ Dec 20 2012, 03:01 PM)
anything more then 20% per annum are too good to be true...
*
more like 10% unless you invest in hedge funds and private equity funds
evilsmile
post Dec 20 2012, 03:12 PM

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Tengku Muhaini Sultan Ahmad Shah

daughter of Sultan Bola @ Sultan Pahang right?
robertngo
post Dec 20 2012, 03:12 PM

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QUOTE(iceypain @ Dec 20 2012, 03:09 PM)
more like 10% unless you invest in hedge funds and private equity funds
*
hedge fund cannot gurantee constant return, they will have good year and bad year.
robertngo
post Dec 20 2012, 03:13 PM

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QUOTE(fantasy1989 @ Dec 20 2012, 03:00 PM)
some ppl kenot wait liao ..so start giving pressure to genneva  whistling.gif
https://www.facebook.com/GennevaMalaysiaSupporters?fref=ts

they got share this news also ..look at all their comments
*
hahaha, some still are hardcore support
FrostLance
post Dec 20 2012, 03:14 PM

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QUOTE(evilsmile @ Dec 20 2012, 03:12 PM)
Tengku Muhaini Sultan Ahmad Shah

daughter of Sultan Bola @ Sultan Pahang right?
*
user posted image

Yes..on the right
fantasy1989
post Dec 20 2012, 03:15 PM

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QUOTE(robertngo @ Dec 20 2012, 03:13 PM)
hahaha, some still are hardcore support
*
they assumed that BeeEnd or gov rompak their money ..what to do

if really rompak ..u think opposition will not take this chance and make a big fuss? whistling.gif

This post has been edited by fantasy1989: Dec 20 2012, 03:15 PM
iceypain
post Dec 20 2012, 03:15 PM

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QUOTE(robertngo @ Dec 20 2012, 03:12 PM)
hedge fund cannot gurantee constant return, they will have good year and bad year.
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no shit. but there are plenty of funds that return >10% every single year since inception.
FauxHawk
post Dec 20 2012, 03:17 PM

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Their supporters damn funny la, still blaming the government, saying this one is government's secret plan.
md11
post Dec 20 2012, 03:17 PM

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user posted image
user posted image
user posted image
The fact that nobody from Genneva fans club seek advice and assistance
from its chairperson,Tengku Muhaini Sultan Ahmad Shah, the daughter of
Sultan of Pahang, was simply mind-boggling.


This post has been edited by md11: Dec 20 2012, 03:19 PM

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