WiseGuy inside The Corporate Mafia : SC chairman making an idiot of himself.

MOHAMMAD  Faiz Azmi, the executive chairman of the Securities Commission, despite being overweight, has been digging diligently his own grave.

BY opening his mouth, Mohammad  Faiz Azmi, hasn't impressed with his intelligence but  has brought  attention to his incompetence. READ :SC cannot act on allegations if they fall outside securities laws.

FAIR statement.. But then again, why haven't you act when the Revenue Group directors Francis Leong Seng Wui and Teh Chee Hoe committed fraud? 

FRAUD because,  the directors showed a very tight Kreditkomuniti ship to shareholders on August 2025, to gain approval for a script exercise intended to raise as much as RM193 million. ViEW : Revenue Group's August 2025 proposal to shareholders

LOOK at Revenue Harvest VIEW : money lending management as at June 30 2025, where for a RM8 million loans,  the collateral is RM33 million and for a RM18 million loan, collateral is also at a fat RM33 million.

NOW,  compare this to three months latter, for the period ending Dec 31 2025, VIEW :where for a RM15 million and RM20 million loan, collateral is at RM1.6 million and RM1.8 mil.

ALSO why didn't the sc charge Victor Chin Boon Long for advising and investing for third parties without a license considering the man himself admitted in court in 2024 of doing so.?

F

State of the Nation : Regulators Have Failed US.

HAS Andy Lim Kok Han been charged yet in a court of Law ? NO he hasn't. 

HAS any of the businessmen involved in Tedy Teow Wooi Huat  of MBI seen jail time? The answer is again no.

CONTRARY to what regulators,  would want us to believe the RM6.65 billion seized from the businessmen, is actually a massive failure. 

WHY is that so? Well let me put it this was. IF you steal READ : RM30 billion. and just need to return 22 per cent, endure a few weeks of public humiliation, while creating generational wealth for your offsprings.

LIKEWISE in the Corporate Mafia case, the cornerstone  puzzle,  sticks out like a sore thumb on why regulators have failed us.

THE most important jigsaw to the Corporate Mafia puzzle is MONEY, followed by how that money is moved around. 

MONEY was and still is being moved by using Kreditkomuniti companies. According to the minister in charge, Nga Kor Ming there are certain requirements,  one must fulfill in order to be involved in this sector.

READ :among the listed criteria are the companies must be of Sdn Bhd or Bhd status; have their board members pass a Royal Malaysian Police screening; the board members are not declared bankrupt; the board members are free of any offences under the Malaysian Anti-Corruption Commission Act 2009 and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

SO how come so many people of questionable ethics managed to get cleared by the police and why is the ministry not following its own guidelines with regards  to the MACC Act 2009?

IF the ACT is followed to the teeth, there is no way  Kenny Khow Chuan Wah would be allowed in the industry . BUT he is there sitting in Revenue Group, a Kreditkomuniti  company.

DO note Kenny Khow Chuan Wah is the person who bribed Madani Shari. 

TEH Chee Hoe due to his interest in READ : in Dream Cruiser Sdn Bhd, which is being investigated by MACC since 2023,  should also not be allowed in  a Kreditkomuniti company .

YET he is there  in Revenue Group.. 

WHILE Bursa Malaysia apart from not questioning Revenue Group on who converted up to RM45 million in cash to its coffers by overpaying for Revenue warrants intentionally,  or on why Francis Leong Seng Wooi was detained, or even how Revenue's kreditkomuniti loans started getting weird,  upon getting approval to raise RM195 million,  thinks that it is in the best interest of everyone that more time is given for Revenue to raise the money.

BURSA Malaysia has not only failed us, but from what I hear,  it has intentionally set out to fail the Prime Minister.