Monday 7 August 2023

The Pirates Of Bursa Malaysia : The first cut is the deepest.

ESG, the short form name of Environmental,  Social Governance knive has been used by Hong Leong, owned by 81 year old Quek Leng Chan, who is worth US$10 billion to slice open the Corporate Mafia


THE first cut is definitely the deepest,  with Francis Leong Seng Wui,  now worried that Quek Leng Chan's mastery  in putting  Revenue Group to sword will open the flood gates resulting in a complete hhaemorrhage.


SOMETIME over the past two weeks, Hong Leong Bank had officially written a letter to Revenue Group Bhd's Francis Leong Seng Wui,  to state that the  Bank no longer wishes  to have Revenue Group associated as one of its merchants.

THIS is a big blow to Victor Chin Boon Long, as the Quek Leng Chan's banking Group's decision not to even have the faintest of relationship  with Francis Leong Seng Wui, is expected to influence others  

HWANG DBS, trashed Francis Leong Seng Wui's PARIAH status in Corporate Malaysia, several notches below zero by merely verbally informing  Victor Chin Boon Long's men that credit lines for stock market operations will no longer be entertained.

MAYBANK as well as CIMB meanwhile are closely studying  Quek Leng Chan's sensoring of Revenue Group on ESG ethical grounds ,  and will most likely  widen most  bank's self initiative to distance themselves from Revenue Group, specifically because of its sordid link to Francis Leong Seng Wui.

THE big boys in the financial sector are angered and worried that Bank Negara  Malaysia is taking too much time closing both its eyes on the presence of Francis Leong Seng Wui. 

BANK Negara on July 2018, implementated an Employee Screening Guideline, which is not only confusing but is toothless,because the Central Bank for reasons best known only to them have been lax in implementing the guidelines


IF indeed, the behaviours of individuals employed by a financial institution, is precieved publicly to be a reflection of the broader state of conduct and culture within the financial sector, then from a public relations perspective WE ARE IN DEEP SHIT.

CONSIDER the following, money went missing when Francis Leong Seng Wuu was the executive director of Classita  and it gets dodger as this midget of a man when he was in Green Packet as its executive director  sold off a company,  that now Francis Leong Send Wui insist Revenue Group buy it.