VIEW : Hong Seng Losses RM9 million
IF you do, then you have a lot to be schooled on, on how illegitimate money is washed into the system as clean source of income. READ : A quick take on the stages of money laundering.
ACCORDING to Bank Negara Malaysia, READ : Money laundering is a process of converting cash, funds or property derived from criminal activities to give it a legitimate appearance.
COMING back to the question at hand, let me add another question to go along with it. DO you think that the, Corporate Mafia is even remotely worried tha companies mentioned above, are seeing their share price tanked to 52 week lows?
THE answer is a HELL NO. CONSIDER the following ;
DESPITE being terrible on the surface in running a business as the the financial results show, how is it possible this joes seem to be always able to raise just enough cash to raid and take over cash rich companies?
ALSO are the majority of the minority shareholders of these companies, really minorities or are they a front for something more sinister?
WHY consider the possibility that the majority of the minorities could actually be front? Simple, time after time the Corporate Mafia have been able to raise enough money from these so called minority shareholders AFTER plundering the company's cash reserves.
AND then, there is the new trend now of getting hold of an assets and then flipping it off to themselves or their equally dubious friends.
READ: Green Packet to sell loss-making Labuan investment bank for RM23 mil to Tan Wei Sun and friends.
FOR the information of Bank Negara, The Securities Commission and Bursa Malaysia,many of the personalities involved in buying the Labuan Investment Bank, not surprisingly surface in Chee Kok Wing's Gulf Petroleum Investment International limited.
BEING, an alleged white collar fixer is a bad but not as bad as being an alleged under world drug Don, with either direct or indirect links to Mexico's El Chapo gang. READ : Does the Corporate Mafia have a secret financer.
