UFun Thailand's RM190mil laundered in Malaysia


KUALA LUMPUR: Around Bt1.8 billion (RM193mil) of UFun Thailand’s investment assets belonging to Thailand-based investors have been withdrawn and wired to Malaysia for laundering, chief investigator Pol Lt-General Suwira Songmetta said.

The latest withdrawal of Bt779 million (RM85.9mil) in cash was intercepted by police on Wednesday.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

UFun , Thailand , money laundering

   

Next In Nation

Sungai Golok border wall will help curb cross-border crime, says IGP
Sarawak's claim to oil and gas on its continental shelf based on Federal Constitution, says GPS chief whip
Selangor govt proposes RM3bil Budget for 2025
Flood alert: Several roads in KL inundated after downpour
Two men granted leave to appeal RM1.1mil fine over transporting prohibited goods
Selangor's revenue collection hit RM2.429bil as of Nov 13, says MB
Auxiliary cop killed in NSE crash
Three men arrested for alleged corruption in excavating minerals in Pahang
Selangor Budget 2025 to focus on AI and northern growth, says MB
NGO urges 'whistleblower' to report Sabah corruption case to MACC

Others Also Read