THE MACC investigation that is being reffered to here is specifically centered on READ : MACC investigating four bank.
MY dear Francis Leong Seng Wui, you know what will happen to you right when the probe also zeros in on how the people who converted Revenue Group Warrants at ridiculous premiums, are ask to justify the cash purchase when at a personal level, they have so many outstanding loans which they are still paying monthly to the banks.
SO it will not be a question if the conversion of the warrants were a falsemarket or not. It will be a question of pure money laundering