KUALA LUMPUR – June 9, 2020: A sole proprietorship the Youth wing of Pribumi Bersatu or Armada has continued to collect donations although its registration had expired in January 2018.
A check with the Companies Commission of Malaysia revealed that the company called Armada Bumi Bersatu Enterprise was owned by Armada secretary Rafiq Hakim Razali who was recently arrested by the Malaysian Anti-Corruption Commission in connection with the missing RM250,000 kept in the home of former Armada chief Syed Saddiq Syed Abdul Rahman.
The company’s profile stated that its nature of business was event management but it was in fact used to collect donations on several occasions, the latest being on January 7, 2019.
Despite the expiry of its certificate, at press time it was clear that donations could still be made to the company’s Maybank account.
Lawyer Fatihah Jamhari said it is illegal for a company to collect donations given its status as an enterprise. “It is a crime. An enterprise can only be used for trading, not to collect donations.”
Another lawyer, Zaki Azmi, said operating beyond the expiry date of its registration is also tantamount to misrepresentation.
Article 12 (b) of the Registration of Business Act states that any person who continues to carry on any business after the period of registration has expired shall be liable to a fine up to RM50,000 or a maximum two years jail term or both.
On Sunday, MACC seized RM600,000 from the houses of two Aemada leaders after their statements were recorded on Friday.
Armada on the same day of the seizure denied that the money was of a shady origin, claiming that it was allocated for the party’s Covid-19, Ramadhan and Hari Raya relief aid.