Photo: Assawin Pakkawan/Bangkok Post
JOHOR BARU: Johor police have stopped their investigations against Malaysian businessman Tedy Teow, who is awaiting deportation to China after being arrested in Thailand.
State police chief Comm Datuk Kamarul Zaman Mamat said the deputy public prosecution's (DPP) office has classified the investigations against the Mobility Beyond Imagination (MBI) founder as “no further action” (NFA).
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“We have informed Bukit Aman commercial department that our investigation against the suspect following a police report lodged against him in Pekan Nanas is under NFA by the deputy public prosecution.
“There are some elements and testimonies in our investigations that the DPP felt the case against the suspect could not move forward,” he added.
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Comm Kamarul Zaman said this after attending the investiture ceremony of Pingat Jasa Pahlawan Negara at state police headquarters here on Wednesday (July 27).
Bukit Aman special branch chief Comm Datuk Seri Zamri Yahya handed out the awards to some 168 former and retired police personnel during the Emergency period.
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Comm Kamarul Zaman added that following the NFA update, police have classified their investigations against Teow as solved.
“However, Bukit Aman is still investigating the suspect over his involvement in several other cases but in Johor, our investigations are already settled,” he said.
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Teow is now in custody in Thailand and awaiting deportation after he was arrested in Songkhla last Friday. Both Malaysia and China want him in their hands.
The Malaysian police are applying for a repatriation exercise for Teow to return to the country to assist in investigations under Section 420 for cheating.
Beijing police also reportedly want him for questioning. This is after a suit filed at the end of last year by about 400 investors from China to recover investments worth some RM100mil.
In 2019, about 100 Chinese nationals staged a peaceful protest outside the Chinese embassy in Kuala Lumpur to complain that they had been cheated by an online pyramid scheme operated by MBI.
Last year, police said Teow and his two sons were also involved in a Macau scam totalling up to RM336mil.
