CHILL, the tax man and the bankers chasing for loans taken to leverage on properties, are the least of the worries.
NEITHER will the false narrative that Revenue Group will benefit more than any other players from READ : Duitnow QR code payment to Paynet Sdn Bhd, be the reason why, it could all go wrong for Eddie Ng Chee Siong in 2024.
EDDIE Ng Chee Siong was named in June 2023, READ : as the star witness against the then majority shareholder of Revenue Group Bhd, by the MACC led prosecution team.
EDDIE Ng Chee Siong, who was the prime mover to boot out the major shareholders from the board, at a time in which he was actively selling off his own shares in Revenue Group.
INTERESTINGLY, this is the second time in a span of three years, a company in which Eddie Ng Chee Siong was a dominant stakeholder, has ended up in the bad books of MACC.
IN 2020, Eddie Ng Chee Siong READ : sold of his entire 23.86 per cent stake in Goodway Integrated Industries Bhd.
INTERESTINGLY, Lim Kok Han emerged in May this year with an 18 per cent stake in GIIB, and READ : by June the company's chairman was being probed by the anti corruption. agency.
LIM Kok Han and Francis Leong Seng Wui were dominant shareholders of Greenpacket, before they sold off their stakes.
LOOKs like Eddie Ng Chee Siong may have known all these personalities for a much longer period than initially thought.
THIS is where the taxman and bankers, could put Eddie in a really tight spot....I am not at liberty to explain now, but shall at a latter date.
BUT here is a clue . READ : Loan sharks, Airline and Corporate Mafia
