ALL in now, some 68 per cent of the information tech work force have now quit the company. Officially, some 68 per cent are gone with no replacements in sight .
THE un official head count is in a much more chronic state because apparently , there are big name staff's who have already left but are still listed as working with Revenue, and their salaries are being paid as normal.
THE idea is to create , a good perception that the big names are still there, and the pubic has got nothing to worry wheb dealing with Revenue Group Bhd .
REVENUE Group shares have been crippled since last week, and will get a lot worst going forward, because as it is, there are already enough circumstantial suspicion for the Royal Malaysian Police to launch a full blown investigations on how large amount of cash seems to appear from out of the blue.
CONSIDER the following, people who no longer actually work at Revenue Group Bhd, are listed as working , and are being paid a salary.
WHERE is this money coming from? Why has none of the independent directors put a stop to Revenue' human resources and accounts departmenta illegal Act. If the executive director .can cook the payroll books, what other books, you reckon they did not cook up as well?
DO note that Rvenue Group's auditors have also quit the company, which basically is a dinosaur sized red flag, that something sinister will happent at Revenue Group soon.
GRANTED, the total amount on the salary side is not really, a big figure but those who over the past two weeks converted nearly 15 million warrants into mother shares had, forked out an extra 75 sen or more than RM10 million to do the conversion .
THE police, income tax department, and Bank Negara should start asking queations, on why will anyonr want to pay 75 sen to convert the warrants into mother shares when the mother shares are trading at ony 32 sen.
AGAiN , the unanswered question...the source of money, and how it now will appear as clean money in Rwvenue Group's bank balance..