Wednesday, 27 May 2026

WiseGuy inside The Corporate Mafia : Malaysia's Capital Market Requlator is a minnion.

From the top man  and below, there is something very damning about the Securities Commission. 

Fittingly, the SC is stuck with the wisdom of old ; ``He who turns his ear from hearing the law, even his prayer is an abomination``

AZIZI Othman sows praise on the SC, only to further down the path to expose the SC minnion like submission. READ :SC has sophisticated technical capabilities comparable to international standards.

YET it's lack of a moral fiber, allowed the 1MDB  robbery to go unchallenged despite numerous securities laws being breached .

IF 1MDB was the exception,  the SC today would still be respected, but unfortunately it was the norm for the minnion disguised as a regulator.

DONT even have to jump on the Corporate Mafia saga, to see that the SC , has always been infamous  for paltry fines, in action and a lack of credibility. READ : Delloite's serious RM2.4 billion breach, met by RM2.2 million fine and no criminal action against the signing partner.

 SC, regardless on who the executive chairman is, a minnion thar is more than , happy to be subservient  to market  based syndicates.

KENNETH  Vun Yun Liun pushed DVM Bhd shares n in market cap, was fined about 10 per cent of the value, while John Soh Chee Wen's RM500 million drama, settled with a RM6 million fine.

STILL it did not end well for John Soh, who may have convinced himself that the stars were shinning on him again, following the SC bending backwards to accommodate John Soh's return to the high life.

JOHN Soh , then did what he did often in Malaysia,  in Singapore, which was instantly met with island requlator promptly sending out a Fxxk Around and Find Out notice to the tycoon.

INTERESTINGLY,  seven years latter, Kenneth Vun Yun Liun, exposed the SC  for what it is ; a minnion with no zeal for action.

THE Edge,  must have been at its dark humour best,  by describing the 2020 meltdown  in KL ,  being stirred by hidden hands.

THOSE hands belong to READ : Kenneth Vun Yun Liun, with nine companies with strange trades operating from the Sabahan's Menara Lien Hoe office.

AT Systemization Bhd, MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd and NetX Holdings Bhd — have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya.

WAS Kenneth Vun Yun Liun  ever charged? NO he was not but the journalist who broke the story, would have ended up in jail if the Attorney General's office had its way, some would say.

ULTIMATELY  if the SC was not fixed lovingly to its preferred role as the minnion moonlighting as a requlator with dignity and integrity had delivered on the role it's being paid  to do, Kenneth  Vun Yun Liun , would be in jail today and there would be no need for a witch hunt on  journalist.