PETALING JAYA: Media group owner Datuk Tong Kooi Ong (pic) has denied the accusation by several blogs that he had taken position in the ringgit and gained financialy from its depreciation.
Tong, who now is the owner of The Edge Group and The Malaysian Insider, vehemently denied allegations that he had short the ringgit to the tune of US$1.4bil (about RM5bil) through a proxy.
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