THE term in it itself, raises the question if moving forward can the not so shadowy Corporate Mafia survive the pressure that has been heading their way.
THE pressure this time around is not coming from the far more sophisticated group which has clipped the not so shadowy groups wings over the past 12 months.
YES, the Corporate Mafia have reached out to smoke the pipes of peace, but that is a story for another day.
BECAUSE today, or to be more specific yesterday, FIRST BLOOD was drained out from the Corporate Mafia, by instruments of the Ministry of Finance under Anwar Ibrahim.
AND for the first time in its history, the Corporate Mafia has been forced to undertake a privatisation exercise. READ : under pressure Leong Seng Wui forced to make a 45 sen a share privatisation offer for SMI Bhd shares.
AND why is Leong Seng Wui under pressure? Well because it looks increasingly clear he READ : soon will be forced to reveal how he built up his stake in SMI Bhd in the first place.
MANY moons ago, I had attempted to relay to Victor Chin Boon Long that the weakest link in his armour is Leong Seng Wui.
PERHAPS, when Bursa Malaysia READ : placed a series of unusual caveats to Revenue Group Bhd's private placement exercise, Victor Chin Boon Long did not get the MESSAGE.
BUT now that message is loud and clear ; Leong Seng Wui is the weakest link.
