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Malaysian police have arrested the founder of MYAirline after the low-cost carrier suspended operations earlier this month due to financial problems, as reported by Norman Goh for Nikkei Asia.
MYAirline Goh Hwan Hua was taken into custody along with his wife, Neow Ean Lee, and son, Sean Goh Tze Han in relation to investigations into the airline. I Photo: Malaysia Airports X
Goh Hwan Hua was taken into custody along with his wife, Neow Ean Lee, and son, Sean Goh Tze Han in relation to investigations into the airline.
Ramli Mohamed Yoosuf, the commercial crime investigation department director of the Royal Malaysian Police Force, confirmed this on October 18. MYAirline announced the suspension of its operations from Thursday, October 12, over financial issues, less than a year after starting service in November the previous year.
The move came after a week of speculation about its financial situation and a wave of management resignations, including that of CEO Rayner Teo, who stepped down on Monday due to health reasons.
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