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SC seeks public help to locate former Asia Media Group CEO Ricky Wong

KUALA LUMPUR: The Securities Commission Malaysia (SC) is seeking information and assistance from the public to locate the whereabouts of the former executive director and chief executive officer of Asia Media Group Bhd (AMGB), Ricky Wong Shee Kai (Wong).

Wong is wanted for charges under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001(AMLATFPUAA) and the Capital Markets and Services Act 2007 (CMSA).

This search follows various arrest warrants against Wong who remains at-large, as well as past attempts to locate his whereabouts.

On Dec 27 2019, the Kuala Lumpur Magistrate's Court issued a warrant of arrest against Wong for two charges under section 32(8)(a) AMLATFPUAA for failure to appear before an investigating officer of the SC as required under section 32(2)(a) of the same Act.

"If convicted, Wong would be liable to a fine not exceeding RM3 million or to imprisonment for a term not exceeding five years or to both, and with the possibility of a continuing fine," said SC in a statement today.

Subsequently, Sep, 29 2021, the Kuala Lumpur Magistrate's Court issued a second warrant of arrest against Wong for one charge under section 369(b)(B) CMSA for furnishing a false statement on AMGB's revenue in AMGB's quarterly report on consolidated results for the fourth quarter ended December 31, 2015  to Bursa Malaysia.

"If convicted, Wong would be liable to imprisonment for a term not exceeding ten years and shall also be liable to a fine not exceeding RM3 million," it added.

The SC charged former group accountant of AMGB, Ong Kar Kian (Ken Ong), for the same offence on Sep 30, 2021. The trial is currently ongoing at the Kuala Lumpur Sessions Court.

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