KUALA LUMPUR, Jan. 27 -- The High Court has ordered gold trading company Genneva Malaysia Sdn Bhd and its three former directors to pay RM2.2 million in damages to three former investors, including the estate of the late humanitarian Mother Mangalam.

Justice Atan Mustaffa Yussof Ahmad ruled that the plaintiffs had successfully proven their claims against the company and its former directors - Ahmad Khairuddin Ilias, Philip Lim, and Tan Liang Keat - for operating a "systematic fraudulent scheme," Free Malaysia Today reported.

The plaintiffs had sued to recover money and gold products they invested in Genneva's gold trading scheme between 2011 and 2012, alleging they never received the purchased gold nor had their funds returned.

In his ...