State of the Nation : Ali Baba and the 40 policemen

A couple of days back, I wrote on my Facebook page READ : an updated version of Budak Bijak Pandai yang selamatkan Temasik dari Todak which was a followup to READ : Trump's tarrifs and money sacking automotive AP business in Malaysia.

PROTON, our national, which is 49.9 per cent owned by China's Zhejiang Geely Holding Group READ : have started some defensive move using China as the punching back, when in actual far the automated knows what its future will be like if Malaysian consumers are allowed to buy cars at a price without an AP muck up.

IF, you are wondering who is the guy in shorts , well it is none other than,Tedy Teow Wooi Huat, the prime figure behind the disgraced MBI, which wanted a global reach similar to IBM.

WAS Tedy Teow Wooi Huat in China yesterday? I DONT THINK SO.  He is where he is ...my lips are sealed alongside ALI BABA and the 40 policemen.

WHEREVER, he is, Alibaba, I mean Tedy Teow Wooi Huat apparently sings better than a canary in Mandarin and Malay.

WHICH leads us to the  STAR report :  Four Datuk' held, over RM3bil in assets seized or frozen in massive police op.

THE report is talking about the MBI scam actually and in total more than 8 people have been held.

AMONG the prominent Datuk's  one name sticks out. Who is it? Well perhaps we should ask Shahul Hameed  of HRD Corp, because  apparently under his leadership HRD Corp invested in two companies directly controlled by this Datuk.

AND no, it's not Vincent Tan Chee Yioun,  who is a Tan Sri.

BUT why ask Shahul Hameed? Well Shahul Hameed is apparently close to a senior politician , who holds no cabinet position these days, who in turn is buddies with Amin Bangla, who in turn has been in bed with the founding members of the CORPORATE MAFIA.

Will the director general of the Immigration Department, please stand up

ZAKARIA Shaaban, better not be relaxing somewhere, sipping coffee and having a good time now, because the Malaysian Corruption Watch, an NGO with a close relationship with the Anti Corruption  Agency VIEW : just disclosed that the immigration department is the most corrupt agency in Malaysia.

MOST of us, may never have heard this wankers name or even have a second to Google up on how  Zakaria Shaaban even looks like.

I bet you definitely want to know a lot more about Zakaria Shaaban and how competent this guy must be, when you consider the statement made by the MCW president that 90 per cent of the immigration officers at KLIA are corrupt.

AM I agreeing with the statement made by the MCW president? I honestly don't know what to think, considering READ : that Prime Minister Anwar Ibrahim had told the nation, back in July 2023 that only a small group of immigration officers at KLIA are problematic.

SO which is which? Is corruption at KLIA among immigration officers confined to a small corrupt or 90 per cent of them are living on bung money?

WHAT do I know then, to even consider writing about the department headed by Zakaria Shaaban?

I know two things. ONE, many Malaysians including UMNO Youth head Muhammad Akmal Saleh should be ashamed of themselves and immediately offer their apologies to READ : Tiong King Sing, our tourism minister for exposing the culture of corruption among immigration officers at KLIA.

SECONDLY, why are we not charging in court corrupt and non corrupt public officials who are aware of corruption in their respective departments for remaining silent, when the law states clearly it's a criminal offence if you do not report such acts.

AS early as 2017, the MACC  had promised Malaysia and her citizens that the agency will READ : Section 25 (1) and (2) of the MACC Act 2009, which comes with a ten year jail term for public servants who have knowledge of corrupt activities buy choose to remain silent.

HOW silent have they been ? Well from READ: 2011 to 2020, only 16,000 civil servants from the 1.6 million strong civil service had gone on record to report corrupt practise to help save our country

WiseGuy inside The Corporate Mafia : Roadkill

THE literal translation points to roadkill as a wild animal that has been killed by collision with motor vehicles.

THAT being said, it is also an English slang which refers to a person that has been damaged as a result of something: such as an action taken by another party.

KENNETH Vun Yun Liun, who has been attempting to buy respectability with a Datukship, only to be told don't stand close to any one respectable, had in his GAYISH vanity, undergone plastic surgery to reimage himself.

APPARENTLY, it hasn't worked, with Mohammad Faiz Azmi, the new Securities Commission Chairman, wants a re look in the role of Kenneth Vun in shortchanging minority shareholders in the companies he controls.

ANOTHER investigation on the skinny and ailing Sabahan, wont shake him to bits, but will is the FREQUENCY.

WHAT'S the frequency Kenneth Vun Yun Liun? That is exactly prominent people in the corriors of power want to know.

IN 36 months, at least two businessmen who stood up to Kenneth Vun Yun Liun, has ended up on the MACC most wanted list, with both fleeing Malaysia for reason best revealed NOT TODAY 

THEY are Justin Lim Hwa Tat , who has very deep ties with a women of great wealth tipped to be the chief minister of an Southern state in India, and market maker Mak Siew Wei.

WiseGuy inside The Corporate Mafia : Bursa Malaysia.

BURSA Malaysia, the frontline requlator of the Malaysian capital market, seems to have finally grown a pair of testicle, just 22 days short of Abdul Wahid Omar's reign as chairman of the exchange, ends up in the annals of Auld Lang Syne.

YESTERDAY  a brave Bursa Malaysia demanded to know the identity  of the person who sold 45 million MMAG shares to NEXG Bhd? READ : NexG says Ng Them Seang is the seller of the 45 million MMAG shares.

IF you don't know who Ng Them Seang is... well he was the READ : major shareholder in MMAG Bhd, back in 2022.

NOW the question which we should be asking ourselves  is, if Bursa Malaysia can ask you to identify in public,  who sold you shares in an off market deal, what on earth is stopping Bursa Malaysia from asking REVENUE GROUP BHD to name every single minority shareholder who converted Revenue Group warrants at a conversion rate of 75 sen a warrant, when the mother share price was less than 25 sen a share.

IN total, READ : some RM63 million was artificially syringed into Revenue Group Bhd, with no logical explanation behind the conversion.

WHO were this people,  who didn't buy the mother share priced at less than 25 sen a share at the time of conversion, but instead chose to pay 75 sen  per warrant to convert the worthless warrant into mother shares?

ARE those people related to santa clause?, or merely idiots with money? , or a bunch of drug dealers busy cleaning up their money, using Revenue Group Bhd listed on Bursa Malaysia as a washing machine?

MALAYSIA deserves an answer before a foreign publication such as the South China Morning Post anwsers it for us and turn the now wobbly stock exchange into a real life Humpty Dumpty !!!.

WiseGuy inside The Corporate Mafia : Xi Jinping

RUMOUR has it READ : the recent reinvestigation on Tedy Teow ' fraudulent MBI scheme, is due to the impending visit of China’s President Xi Jinping.

NOW,  let's assume this rumour has some meat in it,  then logic will lead us to the assumption,  this is something Beijing, wants settled once and for all.

CHINA'S president Xi Jinping, has been in the game long enough to know that there is no point in having nuclear bombs, state of the art battle cruisers, if you can't protect the well being of your own people.

BEIJING knows the art of diplomacy, but there are some issues,  Beijing will show you the middle finger if you cross the line, such as the issue of Taiwan.

APPARENTLY,  Tedy Teow which Beijjng insist should be reffered to as Zhang Yufa is also apparently high on Beijing's don't mess list,  which can be seen in how READ : Thailand denied Malaysia's request to send Tedy Teow back to Malaysia but instead handed him over to China.

THAILAND  is not dumb, and it knows the public relations  repercussions, if the court in China decides its the firing squard for good ole Tedy Teow. 

BUT as the Malay saying ANGIN TERLALU KUAT, which had the Thai's accepting a future PR backlash , against the heat from Beijing.

NOW, Malaysia has a problem. The problem's name is Farhash Wafa Salvador, the ex political secretary of Anwar Ibrahim.

FOR those who are familiar with the Malaysian stock market Farhash Wafa Salvador is exactly in the same boat as READ:Mohd Nazifuddin Najib, when Raymond Chan introduced him to Malaysia via Harvest Court Bhd.

TO  the insiders, we all knew that Mohd Nazifuddin Najib had almost no clout with his dad Najib Razak, but to the outsiders, he was the all powerful son of the Prime Minister.

IN short, READ : Farhash Wafa Salvador's glory days as Anwar Ibrahim's blue eyed boy, has been over for sometime now, eventhough he is still acting the part.

BUT what has MBI, or as some people like to call it Tedy Teow's READ : MPIRE, got to do with Farhash Wafa Salvador, one may ask?

WELL the devil is in the detail, and I am sure, the China embassy won't mess up on the info memo to our most honourable future guest Xi Jinping.

IF you, yes you as in the China Enbassy in Kuala Lumpur,  if you click on the above MPIRE, you will notice, that the company which signed the deal with Tedy Teow's proxies, then known as Sand Nisko Bhd, has today changed its name to  VIEW : MPIRE Global Bhd.

SO what's the big deal here? Well it has all to do with the executive chairman of MPIRE Global , Billy Goh Soo Wee,  who controls the the listed co, via his 27 per cent stake in MAYAPADA Capital Sdn Bhd.

MAYAPADA Capital is a READ : known front for Tedy Teow's pyramid scheme that left more than 2 million investors from China losing a lot of money.

SO what? And what has this got to do with Farhash Wafa Salvador? 

WELL, the executive chairman of Mpire Global is also READ :now a paid employee of Velocity Capital.

YES, this is the same Velocity Capital that has on paper lent VIEW  :Farhash Wafa Salvador more than RM200 million to buy MMAG Bhd shares, which Velocity had actually the first right of refusal on.

NOW what or who are the familiar names that tend to come out, when we mention MMAG Bhd, Velocity Capital Bhd and Nexg Bhd?

ONE NAME sticks out ; Victor Chin Boon Long, which then branches out to his boys Francis Leong Seng Wui  and Teh Chee Hoe

SO there you have it guys, in order to get the heat of their backsides, the Corporate Mafia decided to show their ace (Farhash Wafa Salvador).

BUT unknown to them then, the ace turns out to be a double aged sword,  just sharp enough to catch Beijing's attention, who definitely will now want to play a round of LINGCHI.

State of the Nation : Trump's Tarrifs

MALAYSIA might have missed the most important thing, which Donald Trump had to say about the stiff tarrifs imposed on READ : on the tarrifs imposed on countries such as Malaysia.

IN what seemingly looks stranger then even fiction, Donald Trump, could well be hailed as a hero by ordinary Malaysians at ground zero in years to come.

THE US president, who some claimed has lost his marbles, has made it crystal clear, that he is looking at the art of the deal to inspire nations such as ours to READ :to come up with phenomenal offers that would benefit the USA, in order for tarrifs to come tumbling down like Humpty Dumpty.

MALAYSIA actually can offer a lot to the USA, without breaking its back,  as it has the right optics, that could make Donald Trump feel great about Malaysia again.

FOR starters, let's ask ourself, why is it, we don't have a free trade agreement  with the USA since talks were suspended by Muhyiddin Yassin without even informing the cabinet back in 2008?

ITS due to our own tarrifs imposed by successive government's on the shoulders of Joe public, via the Approve Permit for automotives, which in turn had READ : seen Malaysia ranked just below North Korea in the most expensive place to own a foreign made cars , global charts.

FAT   Rafizi Ramli READ : has been promising since 2023, to put an to the AP scrooge, have gone silent since 2024, on how to kill Malaysian households most expensive asset purchase which diminishes in value over time.

MALAYSIA should start cracking on killing off the Approved Permit foe Automotives  business , so that we have something good to make Donald Trump feel good about himself.

IF, that doesn't convince Trump to take the bait, we can sweeten the deal by throwing  Huawei under the second 5G network bus.

NEEDLESS to say, such a move won't thrill, China's Xi Jinping who will be visiting our country this month.

MALAYSIA's top priority should be Malaysia, and it won't hurt us one bid to have a crazy American with a cowboys view on world affairs considering it is not the USA, but rather Communist China that is claiming part of Malaysia as their father's land, while stating China has zero claims on Singapore's sovereignty.

State of the Nation : THE return of MBI

THE Tan Sri , said to be at the centre of attention. due to the reinvestigation on the MBI pyramid scam is ECK Development Sdn Bhd.

THE face of ECK Development, a developer said to be close to PAS and the DAP is Khor Eng Chuen.

KHOR acquired ECK in 2019 from Teow Ee Meng, who was charged READ :with money laundering linked to the MBI scam.

BUT hey, let's not pretend that Khor Eng Chuen is the only Tan Sri  dealing directly with the now infamous Tedy Teow Teow Wooi Huat.

MBI,  had shareholding links to Airasia, and back in the day around 2013,  the company was spending around READ :RM1.8 million a year to have the MFace brand name painted on Airasia aeroplanes.

LETS not forget, that the former inspector general of Police, Musa Hassan was a very  VIEW :high profile consultant along side AC Muzal, the TV perfonality

WHILE Bank Negara did eventually  take action against  MBI, and Tedy Teow Wooi Huat,  let us not forget,  the action only came , two years late. READ : In 2016, Penang Consumer Association, investigated MBI, and reported it to thr Central Bank, yet strangely Bank Negara Malaysia decided to sit on its fat backside for two years.

IF Tedy Teow Wooi Huat,  was taken to China,  he could have actually  been roaming free in Malaysia, because after the initial drama, on wanting to fry Tedy Teow Wooi Huat,  READ : The police had to NFA his case, but receiving the marching orders from the DPP's office.

ONE very interesting aspect about Tedy Teow Wooi Huat  is that while he is known as a top notch scam king in Malaysia,  as well as in China.

IN Thailand, its a different story.  The Danuk centric businessmen, said to be a billionaire was high on the wanted list in Thailand, for being an international boss of a drug trafficking ring. READ : In 2017, Tedy Teow Wooi Huat arrested by arrested by the Thai Narcotics Suppression Bureau on drug charges,

WiseGuy inside The Corporate Mafia : Farhash Wafa Salvador Rizal Mubarak

WHEN it does not make sence, be WARY of what's ahead of the road, because surprises almost always end with retail investors losing their underpants.

TAKE Farhash Wafa Salvador Rizal Mubarak's exploits on Bursa Malaysia over the past two years or so.

1. APEX Equity Holdings Bhd

Appointed EXECUTIVE CHAIRMAN VIEW :  on Dec 27 2022

A. On 21st May 2024, acquired 1,937,400 shares at  RM1.04. (1,937,400*1.04) : RM2.01million.

B. On July 15 2024, bought 1.68 million shares at RM1.19.(1.68*1.19) : RM1.99 million.

Total spent is RM4 million, with the shares registered under the name of Farhash Wafa Salvador Rizal Mubarak.

IF you wish to check the accuracy, please feel free to Click here and also here.

2.Excel Force MSC Bhd

Appointed EXECUTIVE CHAIRMAN VIEW : on May 9th 2023

A. On 21 November bought VIEW : 5 million shares at 40 sen a share for a grandtotal of a RM2 million investment with the shares registered under the name of Farhash Wafa Salvador Rizal Mubarak

3. WHAT is the role of an EXECUTIVE CHAIRMAN?

READ : an executive chair is actively involved in the day-to-day management and decision-making of the company. Their level of responsibility can vary based on the company structure, but they typically have a significant role in shaping the organization’s long-term strategy.

4. NOW Let's look at Farhash Wafa Salvador Rizal Mubarak's recent purchase of a 20 per cent stake in MMAG Bhd at somewhere between RM287 million and RM330 million.

A. POSITION 

   Non Independent and Non Excutive Chairman.

The non-executive chair acts as a bridge between the board and stakeholders, including shareholders, employees, customers, and the wider community, ensuring effective communication and addressing concerns.

DO note while an executive chairman is higher than a managing director, a non executive chairman has less power than a managing director. 

B. Are the MMAG shares registered under the name of Farhash Wafa Salvador Rizal Mubarak? 

NO they are not, while on the surface the shares look like they are registered under the Malay individual known as Farhash Wafa Salvador Rizal Mubarak, a check on Bursa Malaysia's website reveals the shares are registered under a subsidiary of a  public listed company controlled by a johor based business tycoon. 

VIEW : Velocity Capital Partners Sdn Bhd are the by law registered shareholder of the 20 per cent stake in MMAG Bhd.

5. CONCLUSION 

WHY would a guy insist on being executive chairman of APEX Bhd and Excel Force where he is the registered shareholder, but only with a Capital outlay of just RM6 million, but allow himself to be the non-executive chairman of MMAG where his Capital outlay is between RM280 million and RM330 million?

THERE is nothing illegal in what Farhash Wafa Salvador Rizal Mubarak, a former non executive and independent director of the Singapore listed Bluemont Group Ltd (2014 to 2016) is doing.

DO note in 2013, Bluemont Group Ltd was one the three companies, fiddled by JOHN SOH CHEE WEN which caused the eight billion Singapore  dollar penny stock crash in the Island state.

WiseGuy inside The Corporate Mafia : Velocity : Notorious part 2

ON  January  6 this year, I had already warned that READ : Velocity Capital Partners Bhd ... NOTORIOUS.

LITTLE  did I know then, how notoriously dumb,  Velocity Capital would turn out to be, with their inexperience providing those who want to see Anwar Ibrahim fail, with ample ammunition. 

WORST still the entire deal, reflects badly on NGA Kor Ming,  the DAP man of the moment, who happens to be the Housing Minister.

CONSIDER the following,  Velocity Capital Partners basically financed VIEW : Farhash Wafa Salvador's purchase of 462 million MMAG shares via an off market deal.

BASICALLY,  with a ten per cent discount to the closing 🅱️ of 69 sen a share on the day of announcement🥱, this translates to (462 millio🫠n MMAG shares times 0.621) to RM287.026 million , given by a Kreditkomuniti firm licensed by the Housing Ministry  to Farhash Wafa Salvador to acquire the shares.

NOW,  don't forget a year ago, Velocity had already given LEONG Seng Wui and friends VIEW : some RM14 million to buy more than 32 million SMI Bhd shares at around 30 something sen per share.

AND then since Velocity is banking on Leong Seng Wui taking SMI Bhd private at about READ:45 sen a share, basically there is another RM40 million more outlay by Velocity if the privatisation exercise goes through.

NOW remember the following numbers RM287.026 million.  🤠👍for Farhash Wafa Salvador plus RM40 million for Leong Seng Wui and friends, rounds up to  RM327.026 million.

AS at December 30th 2024, VIEW : Velocity Capital using the Kreditkomuniti license had lent out RM330.75 million, Velocity's exposure to the stock market is now at a very dangerous  RM301.026 million (RM287.026 million plus RM14 millon).

THE housing minister should clarify if in the history of Malaysia, has a single Kreditkomuniti license holder given out RM301.026 million to merely to entities to go buy stocks on Bursa Malaysia.

DONT we have stockbroking firms and merchant banks to finance such RM300 million deals? 

WHY is Nga Kor Ming allowing this to take place, doesn't he know,  when shit hits the fan, (and it will eventually) it's the DAP brand name built by Lim Kit Siang which is going to go down the toilet bowl? 

State Of The Nation : Hell After Raya ?

NO, I am not alluding to those unfortunate enough to stuck in the expected massive rush back to Kuala Lumpur traffic jam, after the Raya holidays.

AND yes, I was expecting a hellish storm heading towards Malaysia, though I never had expected it to be heading towards us so soon.

I had expected that storm which will trouble the Malaysian economy to actually be made in Indonesia, where Prabowo Subianto's management of the economy is expected to beef up the #GelapIndonesia movement.

ALLREADY with the Rupiah free falling way beyond the 1998 level, I gather  demonstrations could implode the South East Asian nation in about 2 months time 

BUT as fate would have it, Donald Trump's announcement tomorrow could sink the Ringgit and crush the stock market now rather thsnggʻgʻgʻ

IT'S READ: Trump's dirty 15 announcement on Liberation Day   

State of the Nation : The Madani Economy : Empowering the People, Caught With its Pants Down.

ON 27th July 2023, Prime Minister and Finance Minister Anwar Ibrahim launched the “Madani Economy: Empowering the People” economic framework. 

THE main focuses of the framework is to ensure that the enlarged wealth is benefitted equitably by the Rakyat.

THE events that had taken place late this week, especially by his Minister and those perceived to be close to him such as Farhash Wafa Salvador, has placed the Prime Minister in a no win situation.  

I said perceived , because Anwar Ibrahim  is nobody's fool and considering what happened to the man when he was the Deputy Prime Minister of Malaysia, and in the manner he fell from grace, I highly doubt the Prime Minister would place his eggs in anyone's basket, with the exception of his children.

CONSIDERING, the Prime Minister hasn't placed a single egg in any of his children or their spouse basket, let's not assume too much about any sinister hands in READ :Farhash Wafa Salvador buying a 20 per cent stake in MMAG and becoming the non executive chairman of the company

THAT being, there are many sinister question marks in this deal, but first we should be asking DAP's Nga Kor Ming, who happens to be the housing minister how come a group of companies linked to Victor Chin Boon Long and Leong Seng Wui, who have the credit community licence,  seems to be lending and borrowing among themselves to buy shares in the stock market.

AS A Minister in the MADANI Government,  I am sure, the whole of Malaysia, will want to hear from Nga Kor Ming, how is this Empowering the Rakyat?

AS for Farhash Wafa Salvador, those who are saying that he is Daim Zainuddin 2.0, should stop faltering themselves and Farhash Wafa Salvador with such a comparison. 

THE late Daim Zainuddin  had enough brain power not to buy shares using share financing facilities offered by Kredit Komuniti entities, where the interest on such financing is between 100 per cent and 150 per cent more than that of a commercial bank.

BUT  this is exactly  READ : what Farhash Wafa Salvador did when he took up margin facilities from Velocity Capital to acquire the MMAG shares.

CONSIDER the following,  days before Farhash Wafa Salvador appeared as the court jester in MMAG, Velocity Capital had READ: had acquired 6.5 per cent of MMAG for RM60 million from Victor Chin Boon Long's wife with a first right of refusal to buy her remaining shares.

OBVIOUSLY,  Velocity  said NO to Victor Chin Boon Long's wife wheh she wanted to sell more of her shares in MMAG, which is how Farhash Wafa Salvador came into the picture.

WHY is it then Farhash Wafa Salvador looks, smells and feels  like bonafide and certified  court jester in this whole deal?

WELL the devil is in the detail ain't it?  Here is a man who has spend supposedly more than RM100 million to acquire the stake and his position is that of a non executive,  meaning he has no say in the running of MMAG.

TO add salt to the injury, the shares are not even registered VIEW : under Farhash Wafa Salvador's name but the registered owner of the shares is Velocity Capital.

FROM the outside all I can say is those who are attempting to make Farhash Wafa Salvador look like the right hand man of Anwar Ibrahim, must be  surely taking delight to portray the Prime Minister as a rookie dumb ass.

WiseGuy inside The Corporate Mafia : EIght Years, Two Investigation, One Name.,

THIS is the second time in eight years,  the authorities are probing if scam money related to Tedy Teow Wooi Huat's businesses had seeped into the stock market.

THE first investigation was conclusive that money from Tedy Teow Wooi Huat and other scam merchants had indeed slipped into the market,  with ONE NAME sticking out: KENNETH VUN YUN LIUN.

MEET Kenneth Vun Yun Liun, said to be among the biggest market manipulators on Bursa Malaysia, who apparently is attempting to reinvent himself in Corporate Malaysia, that comes along with full reconstruction of his face and Samy Vellu like hair do, boosted with a fake toupee. 🤣🤣🤣🤣

READ : Former fugitive of law with fake hair, Kenneth Vun Yun Liun now MD at both Symphony Life and XOX

WHILE Kenneth Vun Yun Liun  might be convinced that he is on the road to rewrite his story, I am told otherwise, but I will not elaborate on the matter until the shit hits  Kenneth Vun Yun Liun's  fake face.

READ : Kenneth Vun, scared to act his age, with a brand new face is too vain to see, he has been set up internally for a fall.

NOW back to the first investigation on the possibility that some of Tedy Teow Wooi Huat's  hard scamed money had gone into the stock market, was nor related to MBI.

THE investigation was on another of Tedy Teow Wooi Huat's scam, which took place sometime in 2009, that siaw Tedy Teow Wooi Huat spending just one day in jail, event hough investors lost by the millions. 

REINTRODUCING, Syarikat Island Red Cafe Franchise Sdn Bhd. READ : Flash Back 2011, Tedy Teow goes to jail for a scheme that started in 2008.

SUBSEQUENTLY,  in 2017, theEdge broke the story on investigations taking place to determine if the scammed money from Syarikat Island Red Cafe's vast millions had ended up in the stock market .

READ : the conclusive Edge report with an airtight link to companies under control of Kenneth Vun Yun Liun such as Anzo Bhd, Enviar Holdings,Plastrade Technology Bhd,Vizione Holdings Bhd and XOX Bhd to the scam.

YOU don't have to be Albert Einstein to figure out, whoes name is going to be sticking out like a sore thumb when the second investigation is completed, plus who has been over the years, been raising money for a TOKONG in Penang, who is very high up in DAP for the past two decades.

YUP,  the dudu head who underwent plastic surgery to look young although sources say the all important little brother , which we all keep zipped up, is no longer in functioning condition. 

WiseGuy inside The Corporate Mafia : Toxic & Potent, the search for ......

ONLY in Malaysia, you can be named JHO LOW2, when you are literally ten times more bigger, potent and toxic than your namesake.

WELCOME to the world of Zhang Yufa, whoes 

 even Beijing described as “extraordinary”, having scammed some two million of China's citizen of USD14 billion , which in ringgit terms today is valued at RM59.92 billion. 

IN comparison, the 1MDB scandal, has been  valued at RM40 billion, to be borne by the tax payers of Malaysia.

Zhang Yufa,  has another two names, familiar with Malaysians, namely Jho Low 2 and the one and only Tedy Teow Wooi Huat of the infamous MBI READ : with the edge report stating victims had been hoodwinked more than RM300 billion, which is nearly ten times larger than the 1mdb scandal.

ON December 10th, 2024, I had noted that READ : The Bank Negara Governor, from 2000 to 2016, Ungku Zeti Akhtar binti Ungku Abdul Aziz, should be the correct women to answer these questions, on scandal which is far more bigger than even 1MD.

THE Edge's article yesterday, READ :That a special team has been asking questions to trail Tedy's billions, is refreshing and timely.

ON my Facebook yesterday, VIEW : I had listed down, the people of interest, which spawns organised crime, narcos and political parties

THAT being said, those at the centre of investigation are no ordinary joes, and unlike Najib Razak, they are vicious to the core, toxic and certainly extremely POTENT.

WiseGuy inside The Corporate Mafia : The Muhyiddin Yassin Group has exited Datasonic (NexG)

THANKS to the INCRIDBLE ,  Mohd Khairul Adib Abd Rahman, the former director general of  Public Service (KPPA), the Muhyiddin Yassin faction has exited Datasonic,  now known as NexG Bhd.

COINED it as the Muhyiddin Yassin faction, ad am UNSURE if the shares officially under Safian Mohd Yunus , a known runner for Fakhri Yassin was being fronted for blood relatives of the former Premier or being held in trust for the benefit of BERSATU.

THE official story line is the incredible , Mohd Khairul Adib Abd Rahman who retired from the civil service  on Jan 2022, only to be appointed chairman of MMAG Bhd  READ :less than three weeks latter bought out READ: Safian Mohd Yunus stake in NexG by taking control of Safian's vehicle, Kuantum Juang Sdn Bhd.

MOHD Khairul Adib Abd Rahman is known as the incredible due to the manner in which READ :he suddenly owned 43 million Classita Bhd shares, making him richer by RM6.3 million.

NOW the backend story line is,  Mohd Adib Abd Rahman is a mere body or tool being used by Victor Chin Boon Long.

MOHD Khairul Adib Abd Rahman is being used a soiled pawn,  in order to masquerade  the reality that Datasonic, a once powerful Malay owned company, is on the receiving end of a WAYANG KULIT, courtesy of the Corporate Mafia.

WiseGuy inside The Corporate Mafia : Men With Muck Rakes.

MEN with the muckrake are often indispensable to the well-being of society, but only if they know when to stop raking the muck, and to look upward to the celestial crown above them.

GONE as in gone with the wind, without a care in the world,  alongside a lack of moral fortitude to stage the obvious.

CONSIDER the following, Revenue Group, had previously hulked up Innov8tiv's  prospects , to monfh only to walk back off it and dump Innov8tiv'.

YET the board of directors  in Revenue  Group  had this to say about Teh Chee Hoe and Leong Seng Wui are capable of turning Revenue Group  into a money lender.

ONE assumes, Bursa Malaysia's silence as  a thumbs up to the opinion of the directors of Revenue Group.

SHOCKINGLY, no one seems alarmed that Leong Seng Wui wants minorities to fork out close to RM100 million, when it's horribly clear that Leong Seng Wui is as competent as a just passed away jungle animal 

ALARMBELLS should be ringing that the other money lender company controlled by Leong Seng  Wui, specifically  Hong Seng Consolidated is pointing towards an incompetent executive director. 

DEFAULT on the loans given out by Hong Seng under Leong Seng Wui' VIEW  : 11.1 per cent , which is about 300 per cent above three per centahr value of bad debts/defaults of out banking sector

.,

Kenneth Vun Yun Lun, somebody's watching you.

FOR the second time in less than 30 months , a market maker close to disgraced XOX managing director Kenneth Vun Yun Liun,  has made it to the MACC wanted list.

THE latest on the list is the suddenly missing in action Mak Siew Wei, which upon suspension of his board membership in Erdasan Group Bhd formerly known as AT Systematization Bhd, last week, has been unreachable.

READ : According to the writ and statement of claim filed at the Shah Alam High Court, Erdasan is suing Mak for equitable fraud for diverting RM46.47 million of company funds to various third parties without any valid justification.

A day before Mak Siew Wei was given the boot, Kenneth Vun Yun Liun's fixer, Chong Loong Men, a lawyer by training was appointed to the board of VIEW: the company, indicating, that once again Kenneth Vun Yun Liun has had a fallout with a partner in market making

BACK in 2023, Justin Lim Hwa Tat, who was brought into Sersol Bhd by Kenneth Vun Yun Liun, but subsequently had a fallout with thin, pail and frail Kenneth Vun Yun Liun READ: had his position in the company terminated after going AWOL, after being placed on the MACC wanted list.

LAST , Kenneth Vun Yun Liun,  had a very public humiliation, that was hugely embarrassing after the authorities raided his office in Plaza Lien Hoe .

APPARENTLY, those betrayed by Kenneth Vun Yun Liun,  have started to talk, while those with skill sets have mapped our his activities, hence Kenneth Vun Yun Liun's entry in XOX, won't redeem his soiled name,  but instead looks likely to BURY him.

State of the Nation : METH bust in Port Klang, the Prime Minister must strike back.

ANWAR Ibrahim, is stuck between a hard place and a rock, as the latest RM1 billon meth bust in Port Klang, raises questions if the customs department takes the Prime Minister seriously. 

FLASHBACK to the first half of 2023, when the Prime Minister READ : demanded a report from the customs department that heroin worth RM789.56mil that possibly went through Port Klang to Brisbane, Australiaheroin worth RM789.56mil that possibly went through Port Klang to Brisbane, Australia

ON would have assumed heads would have rolled, officials charged,  assets seized and butt's kicked into Kajang prison.

INSTEAD,  the Prime Minister, who demanded for the report, has egg over his face, with the latest bust, under a covet operation known as Operation Tiger-Milang.

A special task force between Australian police and the Royal Malaysian Police to combat  the illicit drug trade, netted READ : Malaysia’s biggest drug bust: RM1.06b meth from Iran set for Australia seized in Port Klang .

THE Australian Federal Police READ : charged a Melbourne man for his alleged role in an unsuccessful scheme to import methamphetamine infused in paraffin wax destined for Australia on March 14 2025.

KUDOS to the men in blue, but the same cannot be said of the customs department, but what do we expect, when the Federal agency has the gall to tell the nation READ :instead of being charged in court, Six Customs officers allegedly involved in KLIA vape smuggling syndicate has been merely been transferred.

MALAYSIANS are definitely  interested to know if the Prime Minister demand a fresh report from the customs or take the bull by its horns???

Whatever happened to Malaysia's second 5G Network?

2025 seems cemented to be yet another uneventful year for Fahmi Fadzil,  officially the chief government spokesman, lacking in foresight, grit and ability to swing mass Malay support to the Madani Government.

DEEMED READ : colossal failure, for the third year running, Fahmi Fadzil and his MCMC chairman Mohamad Salim Fateh Din, should explain to the nation, what has become of the country's second 5G network????

THE award itself, to U Mobile, had caused Malaysia undue EMBARRASSMENT, when it was unearthed  that READ : at the time of the award, Mohamad Salim Fateh Din's MRCB was in a business venture with U Mobile's Vincent Tan.

MOVING away from the embarrassment, the question one should be asking is whatever happened to the February 2025 deadline READ: to provide the official letter of award for U Mobile to kick start it's 5G ambition.

DO READ : Malaysia, get ready for Trump versus Huawei ; The Rematch.

WiseGuy inside The Corporate Mafia : David Nga Kor Ming

DAVID Nga Kor Ming, the newly minted deputy chairman of the Democratic Action Party (D.A.P),  had just come through a party election, which READ : ex party members say was prevalent with vote buying or money politics .

WAS David Nga Kor Ming, part of this new evil in what used to be Lim Kit Siang's DAP, is something, we may never know, until the DAP loses power at the Federal level.

 BUT what we do know for sure as FACTUAL is that under David Nga  Kor Ming's lordship over the housing ministry,  a group identified by mainstream publications, as the CORPORATE MAFIA, suddenly wants to turn the companies they control in Bursa Malaysia into serious money lenders.

THE latest being VIEW : MMAG's proposal to turn money lending into one of its core business.

MMAG's proposal comes just after Leong Seng Wui, the man with more than 20 police reports to his name for intimidating people, saw his READ : Revenue Group Bhd, inform the stock exchange that they intend to make money lending their core business,a plan even the Edge has doubts if it serves the best interest of minority shareholders.

VELOCITY Capital  Partners  Bhd, itself a money lender  has now 's READ : purchased 150 million shares in MMAG from Victor Chin Boon Long's wife, in what  seems to be the start of the creation of a forced monopoly in the Kredit Komuniti  business.

THE minister can't act blind to this fact that the Victor Chin Boon Long, Leong Seng Wui and Fam Chee Way group, seems to have a chokehold of the industry and a tendency to lend money among themselves.

State of the Nation : Can one women change the verdict ?

SYED saddiq the once extremely  popular politician, who then slumped into being the punching bag of READ : Papa Gomo, before slowly but surely slipping into oblivion.

SUCH was the fall of Syed Saddiq, that not much of whisper was made, when the man, who many said would be PRIME MINISTER,  in the distant future, when most of us would be dead and long gone READ: became the first politician to be sentenced in Malaysia with a whipping.

AND then came Bella Astillah, a mildly popular singer cum actress, who overcame a very public divorce in early to 2024 into Syed Saddiq's world.

A romance that have ignited the hearts and minds of the  Malay populace unseen in the history of modern Malay politics. 

WITH slogans such as VIEW :Berani kerana Bella, semoga nasib YBSS terbela, Anwar Ibrahim might have just stumbled upon the key that may reopen the hearts and minds of the hardcore younger Malay populace who had supported Perikatan Nasional thus far to his MADANI Government.

THERE is no doubt that Bella Astillah has made the  YBSS brand name into a very sellable political tool.

HENCE where it ends up, either on the door steps of Kajang prison or with wedding bells ringing in a hall in Muar, will definitely shape how the B40 Malays view the Prime Minister.

 

Bank Negara Malaysia's silence is deafening!!!

BANK Negara Malaysia's silence is deafening  on a recent outlandish proposal by Quantum Metal, to those who believed they were buying gold from the company.

QUANTUM Metal after READ : after numerous times promising and pledging to return monies invested by the public has now come up with a new proposal.

IN what looks like a CLEAR breach of READ : Section 137(1) of the 2013 Financial Service Act, Quantum Metal is now proposing VIEW : only return the monies in three years time, that too if it's investment via Besra Gold in Bau, Sarawak hits the bulls eye  .

BASICALLY,  this means in retrospect,  Quantum Metal has taken deposits with a promise of a lucrative return without a deposit taking license from Bank Negara Malaysia .

YET the silence of Bank Negara Malaysia is not only PATHETIC,  but DEAFENING!!!

All the Prime Minister's Men in the line of fire.

ON February 23, this year I had exposed on how Victor Chin Boon Long and his boys such as Leong Seng Wui seems to have been pumped with  steroids during the years, Ismail Sabri's shot stint as Prime Minister.

VICTOR Chin Boon Long,  looked like he could be as big as Quek Leng Chan if all that was planned,  had prospered.  READ : With companies linked to Chin Boon Long , soaring with billion ringgit valuation, Chin Boon Long had it all, from banks, financial service companies, government related it jobs and even a car venture with China.

NOW READ: Thick As A Brick @Blogspot, meticulously  links Ismail Sabri  to some potentially massive  induces missteps regarding Serba Dinamik Bhd.

DOES the Ismail Sabri geedy gravg train stop here on the door steps of Serba Dinamik Bhd 

HELL NO it expands to  even Quantum Metal, as both Quantum Metal and Serba Dinamik have the same Buy Muslim First  pointmen.

MEET Mohd Fadzil Hashim,  who claims he is a coach of  some sort, that won't be able to justify even to his own base on why   BMF  had thrown it's brand influence for the benefit of the neither Malay nor Islam  owned Quantum Metal

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WiseGuy inside The Corporate Mafia : JUSTICE.

IF a law is unjust, we are morally obligated not to succum to such a law, but if a law is IMPOTENT.

COMMON sense, would dictate that we should then empower the said law to the extent it no longer is seen as being impotent in the eyes of the public.

IN Malaysia, we had seen those desperate enough for money, their own money READ : being dragged to court by the EPF, and then punished by the law.

YET tweaking facts or even giving an imaginary made up story to the Securities Commision to raise money owned by other people, it seems to be A okay in the eyes of the law.

CAN the Securities Commision and Bursa Malaysia enlighten the Malaysian public how many hundreds of millions of RINGGIT has Leong Seng Wui in the drivers seat, raised from the "PUBLIC"  via private placement and rights issue over the past 15 years?

AND how many of these companies have remained profitable for two quarters running ?

WHERE does the line stop to sympathise with a man as being unfortunate, having a string  of bad luck, or even condemn him as being grossly incompetent, and where does the line start where we start investigating the man for being a FRAUDSTER?

TALKING about investigation, Malaysians should be asking themselves if Nga Kor Ming  is morally fit to be our housing minister in charge of approving money lending license.

HOW many police reports, must the Housing Minister see on Leong Seng Wui, before he realises that giving such a license to Revenue Group Bhd, which is controlled by Leong Seng Wui is a step backwards for Anwar Ibrahim's  Madani framework.

WE cannot hide from the innocent until proven guilty concept here, considering the numerous reports made by directors of public listed companies against Leong Seng Wui.

TO be fair to Leong Seng Wui and to the Public at large, the ideal outcome would be to either charge in court, the numerous directors who have lodged police reports against Leong Seng Wui for making a false report.

EITHER that or arrest LEONG SENG WUI.

State of the Nation : Crime Story

NO this is not a piece of the Corporate Mafia, or even a piece on corruption as a carrer path, which has been READ : rocking Indonesia's elite with a since of shame for some and disbelief for others.

THIS is about the super rich , walking away without even a slap on the wrist for cheating on their taxes for decades .

AND how our politicians, that rule the roost for decades, had known about it and did nothing for Malaysia .

MAT Sabu , the current minister of agriculture and food security, this week READ: informed parliament that mixing of imported and local rice have been going on for decades.

CONSIDERING READ : that MARDI, the nation’s top agriculture research agency has confirmed that tests on samples from bags marked as imported white rice have found that between 45% to 50% of them are mixed with local grains, the possibility that PADI BERAS NASIONAL is involved in very probable.

LAST, I checked evading TAX is a crime, criminal in nature, yet none of our member of parliament found it urgent to demand that the income tax department get CRACKING.

WiseGuy inside The Corporate Mafia : Money Too Tight To Mention As The Ismail Sabri Crack Down Goes Full Steam.

OVER the past 31 months, Victor Chin Boon Long's wife have walked away with a cool gross intake RM120 million, thanks to the companies in which the increasingly reclusive businessmen seemingly has control off.

BASICALLY , this translates to RM3.87 million a month, every month for the past 31 months. 

READ : Hong Seng pays Chan Swee Ying RM60 million for her shares in Classita

READ : All that money makes a succulent sound as Velocity Capital Partners pays Chan Swee Ying RM60 million for a six per cent stake in MMAG.

THE real story though is not in the easy pass Ms Chan Swee Ying seems to receive, in her equity purchase activities on Bursa Malaysia.

RATHER,  the devil is in the detail, as something is rotten seems to brewing  in the state of Denmark. 

A closer look at the transaction  involving Velocity Capital Partners Bhd and Ms Chan Swee Ying reveals that VIEW : the 150 million MMAG shares sold by Ms Chan Swee Ying to Velocity Capital were actually shares pledged to Kenanga Investment Bank.

WAS this a foretelling exercise, or are there sudden financial troubles in Victor Chin Boon Long's heaven or worst still as some suspect that the VIEW : theboys of summer at Kenanga that the crack down on Ismail Sabri is too close for comfort. READ : Malaysia''s Corporate Mafia, was unstoppable during Ismail Sabri's wonder years.

WiseGuy inside The Corporate Mafia : Investigate Bursa Malaysia and the Securities Commission.

WITHOUT fear or favour, the Malaysian anti corruption agency has to launch an independent no holds barred review on the level of corruption  taking place in these two regulatory bodies. 

TAKE for instance the recent shareholders vote at Revenue Group Bhd, where neither the SC nor Bursa Malaysia had thought it to be reasonsanable  to bar Teh Chee Hoe and Leong Seng Wui , the two executive directors in the company from casting their votes. VIEW: Revenue Group Bhd statement on the vote to sell Innov8tiv to Datasonic Bhd 

THE duo each owning around five per cent of the company had accounted for 87.36 per cent of the YES votes to allow Revenue Group  to sell Innov8tif Solutions  to Datasonic Bhd.

THIS  87.36 per cent, represented approximately 60.701 million shares, where by approximately 68.894 million shares had been involved in the entire voting exercise .

SO if you strike off the shares owned by Teh Chee Hoe and Leong Seng , from Revenue Group's paid up Capital base of 605 million shares, you will come up with a grand total of 544.429 million shares .

BASICALLY  the 8.08 million shares not owned by  the duo, divided by 544.429 million shares,  translates to only 1.48 per cent of the minority shareholders actually participating in the voting exercise.

WHERE did the 98.5 per cent of the other shareholders go to? Can the will  of 1.48 per cent of minority  shareholders speak against the silent majority?

AS to why Teh Chee Hoe should not only have been barred from voting but also be charge in a criminal court..  just go READ :why teh chee hoe must be charged for a jailable offence

State of the Nation : We can't blame this one on the Donald Trump show.

DONALD Trump  and his deputy JD Vance, regardless of the politics in play, showed the world how bad  people, will treat the weak in their time of need.

READ : JD Vance, the man with the Indian wife, destroyed the American hospitality myth in front of the world.

THAT being the case, we can't use the fear that  Donald Trump will not only destroy the financial markers but may eventually via his actions push the world to a life changing war to rationalise why Nestlé Malaysia Bhd' profits have been set a back by 15 years.

SURE, we can latch on Johari Ghani's  Free Malaysia Today's  article intended to indirect add pressure on Anwar Ibrahim's  Prime Ministership by NAIVELY  accepting that READ :Nestle's profit plunge reflects Malaysians’ cost-of-living crisis.

OR, we can accept the truth that poking our noses into affairs  of others  is core reason why NESTLE's after tax profits  had fallen to level unseen in 15 years  to VIEW : RM41 million for the year ended Dec 31 2024.

WITHOUT  mentioning  the word boycott, Nestlé Malaysia tells its story in a two letter word;  CONSUMER HESITANCY. 

HESITANT because of the bitter prescription melted of  a foreign led organisation  in Kuala Lumpur known as Boycott, Divestment, Sanctions grouo or better known as BDS Malaysia. 

IF and when the layoffs comes knocking on the front door, now you know who is really to be blamed and shamed

WiseGuy inside The Corporate Mafia : Artificial + Intelligence

TODAY,  Revenue Group Bhd, a once very profitable and repespectable company, which has become the butt of jokes among investors on stock market sites, will announce that it's homophoric losses will continue.

REVENUE  Group  loss it's respectability months after Leong Seng Wui and Teh Chee Hoe took control of the company. 

THE joke among forum site contributors is that Teh Chee Hoe and Leong Seng Wui should immediately  change REVENUE 's name to  LOSS.

BOTH these men,  could be described as shaddy and with very questionable ethical integrity..

LEONG Seng Wui , has READ : numerous police reports on his head for alleged gangsterism acts, while Teh Chee Hoe's READ: lack of ethics is criminally appaling, 

On̈ Thursday, yet again  there were zero buyers for Revenue shares,while overall volume was weak.

INTELLIGENCE,  suggest Revenue Group is a cornered stock,  because the trade  looks very artifical 

WiseGuy inside The Corporate Mafia : Corporate Mafia ; CAVEAT EMPTOR

CAVEAT Emptor, the Latin phrase for let the buyer beware, seems nailed to retail and punters mindsight.

STOCKS linked to Victor Chin Boon Long, his sidekick Leong Seng Wui have seen buy trades at under five per cent to zero in counters such as Revenue Group Bhd, SMI Bhd, Green Packet Bhd, Classita Bhd and Velocity Capital Partners Bhd.

THOSE stocks were tracked as at 11 am today.

THE once unstoppable and unbeatable Corporate Mafia, has had its glory days stymed by a juggernaut after another.

THE latest comes at a time Leong Seng Wui is looking either KN Kenanga or Velocity Partners to raise enough cash to expand his stake in Revenue and SMI.

AT the Revenue Group level a renewed scrutiny will be the individuals who take up the rights issue...

Malaysia''s Corporate Mafia, was unstoppable during Ismail Sabri's wonder years.

ISMAIL Sabri's often praised Prime Ministership from August 21 2021 to November 24th 2022, has  now READ :  come under scrutiny following the detention of four of the former Prime Minister's key aide by the MACC.

IRONICALLY this was also the time when Victor Chin Boon Long's empire had  extended to a level that could have turned him into a billionaire and one of the richest man in Malaysia.

HONG Seng Consolidated,  which was trading below 80 sen on August 2021, would surge READ : surge to RM2.09 a share, giving it a market capitalisation in excess of RM5 billion on deals that would never materialise.

ON Sept 21 2021,READ : Green Packet, announces Govt backing to run Malaysia’s first Multi Lane Free Flow (MLFF) tolling system proof of concept

ON August 25 2021,READ:Green Packet unit gets conditional investment bank licence, to venture into blockchain, digital assets.

ON April, CSH Alliance now known as Velocity Capital Partners inked a major deal with China' BYD to be its partner in Malaysia.

AND also MMAG and Velocity were fine tuning a partnership to set up digital payment system for foreign workers, a cash cow project with no tender.

TO be continued...

State of the Nation : The false PIOUS of Malaysia.

THE false pious of Malaysia are at it again, debating till the cows go home,  on the need of interfaith guidelines, while at the same time being silent on the need to stand up for the poor and to fight corruption. 

POLITICIANS such as Akmal Saleh, the infamous UMNO Youth leader, is a piece of work who thinks fighting for justice for Najib Razak is a higher priority than to fight for the B40 Malays conned by Quantum Metal or even the paddy farmers under the thumb of BERNAS.

THE former ambassador to the USA Nazri Aziz is correct READ : Malaysians should not be treated as if we need a 24/7 nanny in every aspects of our lives.

BUT  I am afraid,  the hot head from Perak is only correct to a certain extent as, Malaysians through their actions prove otherwise.

MOHD Na'im Mokhtar, Minister in the Prime Minister's Department (Religious Affairs) has taken the brunt of the criticism,  when in fact the blame lays definitely elsewhere.

SINCE we are not privy to notes on the post cabinet meetings, it would be dangerous to assume that the cabinet was aware of the proposal, but convention has it, before anything major is sent to Parliament,  there must be concensus among the cabinet.

LET'S  just assume this was not the case, but Anwar Ibrahim as the chief executive officer of Malaysia or in layman terms the Prime Minister cannot and should not allow any piece of legislation that is not in line with his vision of Malaysia  be brought to Parliament. 

IT cannot be every cabinet minister for himself because if that was the case, then it's time for a name change for the UNITY GOVERNMENT. 

WiseGuy inside The Corporate Mafia : Another one to bite the dust.

TEH  Chee Hoe, now looks increasingly likely to be the second  top executive inside the Victor Chin Boon Long Group, often referred to by the mass media as the Malaysian Corporate Mafia, that's going to be forced to take a sabbatical leave of absence.

THAT writing seems to be well documented in Revenue Group's statement to the stock exchange.

IN the statement issued by T A Securities on behalf of Revenue which wants to raise more than RM190 million via a rights issues exercise, states  READ : Leong Seng Wui, who owns 5% of Revenue, has given his undertaking to take up his portion of the rights, which will require him to fork out RM9.7 million.

INTERESTINGLY, there is zero mention about the other five per cent shareholder of Revenue Group, Teh Chee Hoe, who also happens to be the executive director of Revenue Group.

RECALL, i have been tying up loose ends over the past three months on why criminal enforcement action MUST be taken against Teh Chee Hoe. READ : Teh Chee Hoe caught with his pants down.

DOES, Revenue Group's not mentioning Teh Chee Hoe, means the Corporate Mafia knows that Teh Chee Hoe has to be taken out of the Corporate game, because  the alternative to that is  a short trip to KAJANG.??

WE shall wait and see. BUT for now one may ask, who was the bigger name taken out of the Corporate game, by you know who. 

MEET KENNY Khow Chuan Wah, a former accountant with PriceWaterhouse , at this point of time was the Finance Director at Greenpacket as well as one of the directors from team Victor Chin Boon Long at Hong Seng Consolidated Bhd.

I suggest, you look up on his immediate resignation in several public listed companies and then have a second READ : On all roads lead to Victor Chin Boon Long.