Saturday, 18 January 2025

State of the Nation : Money Is A Foe

MONEY is the root of all EVIL, definitely fits the Malaysian shoe like a glove, when can only stare blankly if asked on live TV,  why haven't these men been charged in court or better still why are these men free???.

DON'T get me wrong, most of us from the corporate world know the correct answer to  the question, but in order not to get sued for blurting it out on live TV,  we rather look like imbeciles  and stare blankly on live TV.

IN our heart of hearts, I am convinced we know why Malaysia is being humiliated  by our own by being labeled  as READ : as the sick man of Asia.

MIND you, to put things in perspective on how big a foe money has become, Asia is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of earth's land surface.


FOR good measure, Aminul Islam Abdul Nor who was previously charged READ : for physically hurting a male minor at a hotel, was awarded one the nation's most prestigious  award that comes with a DATUKÿSHIP.

OBVIOUSLY blinded by what ever it is Aminul has been dangling, neither our Bank Negara, the Securities Commission  and Bursa Malaysia must be feeling nothing but love when Leong Seng Wui's READ :Revenue Group earned RM64 million via a warrant conversion exercise which made zero economic sence.

FROM April 2023, until Jan 2 2024, RM64 million was pumped into Revenue Group by minority stakeholders converting the one for one warrants at 75 Sen per conversion into a single mother share when the mother shares were trading below 26 sen.

SINCE, the conversions done does not make any economic sence and the quantum runs into millions of Ringgit, one can only assume that money laundering had taken place.

WE know Quantum Metal, having sold fake dreams to Malaysian day dreamers, by scooping hundreds of million In Ringgit terms from depositors,  had its banking accounts closed by the Australian authorities, yet in our home country, Bank Negara Malaysia proclaimed to the nation that READ: Quantum Metal is a pioneer.

A pioneer of what, we were not told by the soiled Bank Negara Malaysia but the good  news is the barbarians are at the gate demanding for justice.