Mother of three fined RM50,000 for running tontine fund in first case since law was amended in 2011

BUTTERWORTH: In a first for the country since the relevant law was amended in 2011, a 38-year-old mother of three has been fined RM50,000 for running a kootu (tontine) fund which the prosecution said involved an element of profit. Read full story

Source : https://www.thestar.com.my/news/nation/2022/02/14/mother-of-three-fined-rm50000-for-running-tontine-fund-in-first-case-since-law-was-amended-in-2011