KUALA LUMPUR: The authorities are still in the midst of its probe into the MBI Group International pyramid scheme, and is now gathering evidence. Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainuddin said his ministry, tasked with spearheading the task force, is still compiling evidence. He said that the task force must have enough evidence on any wrongdoings before proceeding further. The founder of MBI Group International, who was remanded in late June, was released on police bail a few days later. It was also reported that 98 bank accounts linked to MBI totalling RM209mil have been frozen.

Source: New Strait Times July 05, 2017 09:45 UTC