Monday 27 March 2023

WiseGuy inside The Corporate Mafia : Don't Do The Crime If You Can't Do The Time

Or better known as Barreta's Theme is taken from the 1970's TV series of the same name. The song is from the legend Sammy Davis Jr.

NOW, that the Revenue Brothers, have sold off their entire stake in Revenue Group, a set of explosive can of wombs is about to explode.

Don't go to bed, with no price on your head - No, no, don't do it.
Don't do the crime, if you can't do the time - Yeah, don't do it.
And keep your eye on the sparrow.
When the going gets narrow.
Don't do it, don't do it.

THE problem though is they did it. Who are they? Well they are the purchasers of the Revenue Group Bhd shares today,  that saw the shares rolled over by some 110 million shares in the open market.

IF they are stupid enough to fall into Victor Chin Boon Long's gravy train and announce themselves as the new substantial shareholders of Revenue Group, then they are setting themselves up for a BLUDFIRE of an Inquisition.

WHY is that so, you may ask?  Well for the simple fact that, there is a money trail to their trades. For example, Francis Leong Seng Wui, can justify his purchase of Revenue shares up to a point, by stating that he sold off 59 million shares in Green Packet.

BUT what about today's trades? Where did the money come from? Who are the financers and why were the shares traded 4 times more than it's 30 day average of 24 million shares?  

THE MACC may have some clues but they have yet to hit the bull's eye. READ :  Op Tropicana: MACC probing 'professional enablers' at financial institutions, not banks as a whole

NEXT on WiseGuy Inside the Corporate Mafia : The Bankers : I got Money.