Court order to freeze Wong’s assets

The order, obtained under Section 360 of the CMSA, prohibits Wong(pic), who holds a Datuk title; his mother Teh Sew Wan; and a company owned by them, Wong SK Holdings Sdn Bhd, from dealing with assets and properties to the value of RM169.2mil, the SC said.

PETALING JAYA: The Securities Commission (SC) has been given the green light to hold the assets of Asia Media Group Bhd founder Wong Shee Kai, or Ricky Wong, who is currently wanted in connection with offences under anti-money laundering laws.

The SC said the Kuala Lumpur High Court had on May 8 granted it an interim order to freeze the assets of Wong, who is currently still at-large, and two others.