Sunday 12 March 2023

Insider's @ Revenue Group Bhd ; Team Victor Lim Boon Long : Reap What You Sow.

is a song from the best selling Reggae artist of all time, Lucky Dube, the South African singer who was shot dead on 2007.

TEAM Victor Chin Boon Long, won't be cheering that loud  this Monday, despite the heavy odds in their favour to bully their way into appointing READ : members of the Bursa Malaysia, Securities Commission old boys network into the board of Revenue Group.

EDDIE Ng Chee Song, the under pressure Revenue Group chairman who is being monitored for insider trading of the company's shares, looks very likely to be eventually dumped as collateral damage by team Victor Chin Boon Leong.

You rubbing shoulders with the law
But now it's time you pay the price
You gonna reap just what you sow
You gonna reap just what you sow
You gonna reap just what you sow
You gonna reap just what you sow

TEAM  Victor Chin Boon Leong's goose seems to have been cooked, after the Whistle Blowing site on corporate Malaysia, The corporate, named Victor Chin Boon Leong as the head of READ :  of a secretive corporate Mafia. Other members include a retired police man, and Francis Francis Leong Seng Wui.

SUBSEQUENTLY,  one of Victor Chin Boon Long's star man, NG KEOK CHAI,  had his executive powers clipped. READ :  Classita Holdings Says Ng Keok Chai Redesignated To Non Executive Chairman.

CLASSITA,  just like Revenue Group, saw a similar modus operandi, that involved MACC investigations, but in the clearest sign yet that Anwar Ibrahim wants to clean up corporate Malaysia, the Police did not mince its word. READ : Two investigation papers opened over RM30.7 million funds of Caely (M) Sdn Bhd, says PDRM.

BLOGGER, Another Brick In The Wall, suggest that READ : Police should use POCA in probe on Corporate Mafia, Victor Chin.

VICTOR Chin Boon Long only has himself to blame that the bulk of the  now notorious network was easily exposed by the electronic media. READ : Sun Tzu in the Art of War stated Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.

LOOKING back, team Victor Chin Boon Long are on the defensive, and severely under heavy pressure because  they did not update their tactics, while keeping to their over all strategy.

TAKE for example the appointment of Virdos Lima Consultancy Sdn Bhd to do the forensic audit on both CLASSITA Bhd and Revenue Group.  

THAT'S a red flag on three counts,but not as big as the flag, that I am about to reveal below.  But first, why is it, Virdos Lima Consultancy a red flag? 

CONSIDER this Virdos Lima, which only have five people in it's payroll is either dodgy or an incompetent entity. READ : Virdos Lima gives Bright Packaging Bhd a clean bill of health.

RICKY Wong, who holds the record of being the youngest chief executive officer of a public listed company on Bursa Malaysia, is currently a fugitive of the law.

THE close proximity of Virdos Lima's office to that of Green Packet, at best is mere circumstantial, but the following is not,  specifically, on April 7th 2022, CLASSITA Bhd, then known as  CAELY Bhd,  told Bursa Malaysia,that it had appointed Virdos Lima Bhd, to do a dud deligence test. 

BELIEVE it or not, Virdos Lima on that very same day, wrote to the Victor Chin Boon Leong  backed board at CAELY , that there are grounds to believe that those alligned to the founder of CAELY  had crossed the line.

TEAM Victor Chin Boon Long's  biggest enemy is a VICTOR CHIN BOON LONG himself. The man has no sence of timing at all, and this in return is about to set the heat on his entire network, to a LEVEL UNSEEN BEFORE.

GREEN Packet said it is selling its entire equity interest in OCIB to WKJ Capital Equity Sdn Bhd, which is 35%-owned by Tan Wei Sun, and 30% each by Aeriel Huang and Wisen Soon, with the remaining 5% by Wisun Soon

A closer look at  the WKJ Capital's management team VIEW :  The WKJ website for information, bears a striking resemblance to that of Gulf Petroleum Investment International Ltd. VIEW : The Gulf Petroleum Team.

SO why is this of any relevance? Well because  the Gulf Petroleum's executive chairman and Chief Executive officer is a gentlemen by the name of CHEE KOK WING.

IN 2006, the Anti Corruption Agency now known as MACC  was  investigating Chee Kok Wing for  being the bag men for the Securities Commission.

INTRIGUINGLY, the Gro Point chairman at that point on time was Ali Abdul Kadir, who until end of February 2004, was the chairman of the Securities Commission. READ : Is the SC another Corporate Mafia group?