The misappropriation was discovered when AHTT’s finance manager conducted checks in February 2020.
SINGAPORE (Apr 16): Catalist-listed tourism company Memories Group announced Wednesday it has uncovered the misappropriation of some US$500,000 ($707,000) from the accounts of wholly-owned Myanmar subsidiary, Asia Holidays Travels & Tours (AHTT).
The Myanmar-based group alleges that the case of fraud was carried out by three employees involved in the AHTT business.
