THAT is actually what takes place in a functioning democratic environment, that goes hard on public servant requlators who allow companies to break the law in return for a handful of cash.
TAKE for instance, Revenue Group Bhd's announcement yesterday that READ :the company wants shareholders to pump in more than RM170 million in cash so that just under RM150 million can be used to set up money lending as its core business.
THE guidelines issued by the Ministry says that VIEW : members or board of directors should not be involved in the act of terrorising others.
NOW there is ample literature out there which states that Leong Seng Wui of Revenue Group and Hong Seng Consolidated Bhd had terrorised others by issuing threats.
THE Royal Malaysian Police, should either charge several directors of public listed companies who had made reports about Leong Seng Wui causing them to have mental terror for making those reports or charge Leong Seng Wui for those crimes.
AS for Bursa Malaysia and the Securities Commission, not the institution but those manning it, stop taking bungs that damage Malaysia's reputation.
REVENUE group was a respected company world wide and that enhanced Bursa Malaysia's own reputation but after Eddie Ng Chee Siong caused a stir by making a mountain out of a tiny dot, Revenue has lost more than a Billion Ringgit in value, and now a laughing stock. READ : Revenue Group Shares fall steeply to unseen levels.
KEEP taking those bungs and Bursa Malaysia will be filled with only money lending companies.
