Why MBI Boss Arrested? Tedy” Teow Wooi Huat MBI Boss Arrested Charges And Allegations Explained! The police in Thailand arrested Tedy Teow Wooi Huat on Friday, July 22 for money laundering. Teow Wooi Huat, a suspect in money laundering, was taken into custody by police in Thailand on the 22nd of Juli. The statement of the police that announced the arrest was released by the police. The Police have not revealed the names of the sources or the identities of those who alleged that the businessman was being arrested. The police have not disclosed the evidence they received against Teow Wooi Huat.
Why MBI Boss Arrested?
This could lead to Teow Wooi Huat being arrested by the authorities. This is not the first occasion that Teow Wooi Huat was arrested by police for any type of charge. Amazingly, he was also arrested in previous years. Teow Wooi Haat was initially arrested in 2017 for selling and consuming drugs. However, he was eventually released. Police released a statement saying that “Tedy Teow Wooi Huat” was arrested following his conviction of money laundering at the Dan Nok district headquarters of his company.
According to the Police, “Tedy Teow Wooi Huat” was arrested for being involved in online gambling in Songkhla with Nakhon Si Thammarat as well as other areas in the southern region of Thailand. The MBI Group, which is an entertainment and business complex, is run by Tedy Teow Wooi Huat. MBI Group comprises a resort covering 40 acres in the Dan Nok District. Teow Wooi Huat, also known as Tedy Teow Wooi Huat, is the owner of MBI International Sdn Bhd.
He also manages many businesses in Malaysia and a Penang mall. Although it is well-known that Teow Wooi Huat is Penang’s resident, there are no reliable sources to prove or deny this. “Tedy,” Teow Wooi Huat, was charged with running and consuming a drug business in 2017. In 2018, Teow Wooi Huat received a RM3 million fine and MBI International RM2.5million for illegal payment methods. According to reports, Teow Wooi Hauat was referred to as “Jho Low 2” after Low Taek Jho, who is accused of taking illegally from 1MDB.