UHY @ Revenue Group Bhd : Sugar, We're Going Down

is a song which spent two and a half months on the US Top Ten Charts in 2005, providing the rock band, the Fall Out Boys, unprecedented mainstream success.

ON February 26, 2023, i wrote READ : both the auditor's and board members of Revenue that if they don't play fair, then every one of them is criminally liable for any potential loss.

THERE are many reasons why, the auditors are in a tight spot on this one, among them the brawling inside Revenue Group, was public enough,  the cash burn rate of RM127,000 daily every day, and the emergence of receivables and heavy bank borrowings to wipe out all of Revenue's cash reserves are BIG RED FLAGS.

We're always sleeping in, and sleeping

For the wrong team

We're going down, down in an earlier round

And sugar, we're going down

SO one day before April Fools Day, the auditor UHY has decided to bail out from Revenue Group, for reasons I am not at liberty to explain now, but may explain in detail at a latter date.

OFFICIALLY, though VIEW : UHY have resigned...I wonder WHY.