Bukit Aman CCID chief Ramli Yoosuf says police will apply to remand the budget airline’s majority shareholder, his wife, and son.
Goh Hwan Hua is MYAirline’s majority shareholder through his private firms Zillion Wealth and Trillion Cove Holdings, which have stakes of 88% and 10%, respectively, in the low-cost carrier.
Bukit Aman commercial crime investigation department director Ramli Yoosuf said police will apply to remand the trio today. The three had been detained to facilitate investigations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 . In an internal email sighted by FMT, the troubled low-cost carrier said it has “explored all avenues for potential partnerships and capital raising exercises” to rescue the airline.
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