A Bernama report said that both Malaysia and China had submitted requests to Thai authorities for the 55-year-old MBI Group founder to be extradited over allegations that he cheated investors through dubious investment schemes.

Although he had been detained for more than 150 days, Teow appeared in high spirits today and told the court that all the charges filed by the Chinese authorities against him were “baseless and fake”.

“All the evidence presented (by the Chinese authorities) is illogical and baseless,” he said.

“Definitely, I do not want to be deported to China. I did not commit any crime in China.”

He was also wanted by Beijing police to question him following a suit filed by about 400 investors in China to recover investments worth some RM100 million.

However, the Penang-born entrepreneur admitted that he had committed offences in Malaysia a “few years ago”.

He was detained on July 21 in Danok, Thailand, and his visa was revoked. Since then, he has been under the custody of the Thai immigration police while awaiting deportation.

Teow is also on the Malaysian police’s wanted list to assist in investigations under Section 420 of the Penal Code for cheating.

An official extradition request was submitted to Thailand on December 20.

Dubbed Jho Low 2 in reference to Malaysian fugitive businessman Low Taek Jho, who is linked to the 1MDB scandal, Teow is on the Interpol Red Notice list.