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.
