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.<br /><br />Nor Jaimah Kamarudin, who operates a nasi lemak stall, pleaded guilty to the charge under Section 3(1) of the Kootu Funds (Prohibition) Act 1971 at the Butterworth Sessions Court on Monday (Feb 14).<br /><br />Read more at https://bit.ly/3LJ8ibR<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline
