JUST look at how the Audit Oversight Board, parked under the Securities Commision functions. It is absolutely ridiculous that a repeat offender, receives just a year extra.
NO any interest, to look at the possibility of increasing those fines to something really substantial, or even pursuing a criminal cass against the auditors
BURSA Malaysia and the SC AOB, seems very content to get judgements centred on fines and suspension against entities that are not small fries.
EXPECT in the coming week, some strong worded statements against the board of Zetrix AI and its auditors by our market regulators, but when the dust settles down, it will be the same old shit.
THE regulators should be pro active. Make a report against the entire board and the auditors, TGS TW PLT, for possible fraud, deception.manipulation and criminal breach of trust to the commercial crime department of the Royal Malaysian Police .
