The trio have been under detention by police for the past six days.
PETALING JAYA: A fresh application to remand JJ Poor To Rich (JJPTR) founder Johnson Lee and two of his aides has been rejected by the Magistrate’s Court.
The three arrived at the Bukit Mertajam courthouse from the Central Seberang Prai district police headquarters in Bandar Perda at 11am, reported The Star.
The trio had been under detention for the past six days.
Later, their lawyer G Jaya Prem told reporters that the remand application had been rejected by magistrate Diannee Ningrad Nor Azahar.
“My clients have been cooperative with the police,” Jaya Prem said, adding that he did not know if his clients would be rearrested.
JJPTR was thrust into the limelight after it claimed last month that its funds were siphoned off by “hackers”, resulting in the alleged loss of over US$50 million (RM217 million).
Investors had gone knocking on JJPTR’s doors when their 20% monthly returns were not banked into their accounts last month.
On April 27, the company promised to refund all investment funds collected from its 31,000 members.
Lee said this was made possible through the injection of capital by a new pool of foreign investors.
Police arrested Lee and two of his right-hand men on Tuesday morning.
The trio were released on police bail in Petaling Jaya on Friday after their remand expired, but they were re-arrested shortly afterwards and brought to Penang. -FMT
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