The Edge Malaysia·3 min read·hard
Over 200 investors secure judgement in default against Allan Goh and his companies
✦AI Summary
Over 200 investors have won a default judgment against Datuk Allan Goh and 15 of his companies for operating an illegal Ponzi scheme. The court ordered the defendants to repay over RM67 million after they failed to contest the fraud allegations.
BURSA SGX Home Highlight Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (July 29): Some 206 investors have earlier this month secured a judgement in default (JID) against MYAirline Sdn Bhd co-founder Datuk Allan Goh Hwan Hua and 15 companies he controlled, that requires them to pay a sum of RM67.556 million to the investors.
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