09-May-22 07:45

P. Gunasegaram, Independent Writer and Consultant

The charges against Serba Dinamik were withdrawn after the public prosecutor accepted the representation made to the Attorney-General's Chambers. This resulted in the accused directors only receiving a fine of RM3 million each. P. Gunasegaram, independent writer and consultant tells us about the implications this has on capital markets and what reforms should be considered to avoid a repeat. Image credit: Shutterstock.com