Sunday 16 April 2023

NEW Series !!! : The Pirates Of Bursa Malaysia

THERE are no songs for these series, which aims for an in-depth take down of the powerful stock market syndicates that has shamed the Prime Minister Anwar Ibrahim, and inflicted billions of ringgit in losses for the retail investors.

THE objective of what will be revealed in due time is to show the investing Malaysian public if one laymen can expose so much, with very limited backend technology , why on earth can't the requlators do  MORE.

IN medical terms, corruption inside Bursa Malaysia, and The Securities Commission is at the CODE BLUE LEVEL, a term  generally used to indicate a patient requiring resuscitation or otherwise in need of immediate medical attention, most often as the result of a respiratory or cardiac arrest.

EVEN to the untrained mind, it's pretty obvious that Bursa Malaysia and the Securities Commission always appear  at the crime scene after a crime takes place, which in itself as not a big red flag.

THE RED flag that  sticks out like a sore thumb are the PATHETIC criminal conviction ratio of Bursa Malaysia and the SC, who unlike  the Malaysian police force, that  has a very good track in ensuring that enough evidence is produced at the criminal courts for a conviction, 

DON'T be fooled, that this disgraceful ratio is due to incompetence at the  SC or Bursa Malaysia level.  READ : Top SC officials, politicians implicated in RM28.2 million graft report

ON the contrary they are very competent, being past masters in pretending not to know or see, what they can actually sniff with one eyed closed. READ :Former Goldman Sachs banker says the ‘unprecedented’ transfer happened ‘overnight’ after BNM governor Zeti Akhtar Aziz’s husband was allegedly bribed.

THE SC and Bursa Malaysia needs a shake up from top to bottom, and so does the Minority shareholders Watchdog Group and Bank Negara Malaysia. READ : Madani govt ups the ante on corporate governance.


THIS new series, have no intentions to make an enemy of business owners such as Eddie Chai, and Jacky Pang Chow Huat, as their hands too are tied by the market requlators, who for their own selfish greasy hands refuse to  broadly legalise market makers and market making. VIEW : List of Legal market makers in Malaysia

FOR the likes of DK, the notorious KV Gang and Victor Chin Boon Long, the clock ticks right from now. We can't shame them to mend their ways, but we certainly can name and shame the market regulators into action.

THOSE action will certainly  come as Prime Minister Anwar Ibrahim is serious in curbing money laundering, and corruption, a scrooge that is bleeding the country.

THE SC and Bursa Malaysia should no longer be allowed to allow the pirates of Bursa Malaysia, scott free via civil action or a nice small fine. READ :SC compounds Serba Dinamik, top execs RM3 mil each for submitting false revenue as investors lose billions of Ringgit

NOR should it allow it's former staff to be appointed into troubled firms, especially when the parties involved are repeat offenders . READ : Revenue Group Appoints Former Bursa, SC and Police personnel as directors

WE should take a leaf from Singapore that serious crimes of market manipulation must be meet with serious criminal prosecution. READ : Malaysia's Soh Chee Wen jailed for 36 years by Singapore's court.

NEXT : The Pirates of Bursa Malaysia : Victor Chin Boon Long .