KUALA LUMPUR (April 27): The Securities Commission Malaysia (SC) is seeking information or assistance from the public to establish the whereabouts of Asia Media Group Bhd founder Datuk Wong Shee Kai, also known as Ricky Wong.
The SC said in a statement Wong is a wanted person and currently at large, in connection with offences under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA).
Since April 3, the SC has sought Interpol’s assistance to find Wong, following the issuance of a warrant of arrest against Wong by the Kuala Lumpur Magistrate’s Court on Dec 27, 2019.
This comes as Wong had failed to appear before the SC’s investigating officer as required under Section 32(3)(a) of AMLATFPUAA.
“If found to be in breach of Section 32(3)(a) of AMLATFPUAA, Wong will, upon conviction, be liable to a fine not exceeding RM3 million or imprisonment for a term not exceeding five years, or both, under Section 32(8) of the same act,” the SC said.
Members of the public with any information on Wong are encouraged to notify the SC of his whereabouts by calling 012-3812497/012-9105362 or emailing the SC at [email protected].
Information received from the public will be protected under the Whistleblower Protection Act 2010, which protects whistle-blowers by ensuring information received is confidential, and offers immunity from civil and criminal action as well as protection against detrimental action.
Asia Media fell into Practice Note 17 status after the loss of its major business, resulting in the company being unable to continue to operate its transit TV network and advertising business.
In an extraordinary general meeting on July 25, 2019, shareholders of Asia Media agreed to oust Wong from the company's directorship and relinquish his chief executive officer post.
Meanwhile, Wong still holds a 32.94% stake in Bright Packaging Industry Bhd through his private vehicle Wong SK Holdings Sdn Bhd.