Kuala Lumpur: Police have received 67 reports from investors who have stakes in i-Serve Online Mall Sdn Bhd, an e-commerce company linked to MYAirline co-founder Goh Hwan Gua.
Bukit Aman commercial crime investigation department director Ramli Yoosuf said the reports involved a total loss of RM81.69 million.“We urge other victims to immediately step forward and file a report,” he said at a press conference.In October last year, Bank Negara Malaysia fined i-Serve and its affiliates a total of RM50 million for violating the Financial Services Act 2013 and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 .
On the other hand, troubled carrier MYAirline abruptly suspended its operations last month citing “severe financial challenges”, affecting 125,000 passengers who had already purchased RM20 million worth of tickets for travel until March 2024.The Malaysian Aviation Commission has since suspended its air service licence.* Follow us on Instagram and join our Telegram and/or WhatsApp channel for the latest news you don't want to miss.
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