Friday 22 September 2023

WiseGuy inside The Corporate Mafia : Big Mouth Stikes Again!!

IN shocking 24 hour period,  the Kedah Menteri Muhammad Sanusi Md Nor has unintentionally  given life to a story that Hong Seng Consolidated's owner Teoh Hai Hin may have duped fellow listed entity CSH Holdings Bhd or worst still the Corporate Mafia had deliberately withheld information so that Perikatan Nasional will remain in power in Kedah.

MERELY threw months before the deal  with CSH Alliance there were significant movement in its board room, involving senior ex police officials.

 NG Keok Chai, the former Principal Assistant Director in Forensic Accounting Investigation Division, Commercial Crimes Investigation Department, Royal Malaysia Police, abruptly quit from being a director at CSH Alliance on March 2023.

IN April, Chong Mun Phing, the former  Assistant Director of Investigation {Syndicated Crimes}, CCID joined the CSH Alliance Board.

NG Keok Chai, quit CSH Alliance, supposedly because he wanted to focus on his job as executive chairman of Classita Bhd, in which Hong Seng is the major shareholder

DAYS after Ng Keok Chai quit the board of CSH Alliance, the former Business Times Chief Editor, Ahiruddin Attan, who is known to be close to Prime Minister Anwar Ibrahim wrote on his blog READ : The MACC is unscrupulous enforcement officers in our enforcement agencies, had been working hand in hand to fix certain targets in the corporate sector.

GREEN Packet Bhd, Revenue Group Bhd, Classita Bhd, CSH Alliance, Hong Seng Consolidated, MMAG are a slew of companies that is reportedly controlled by the now often unseem alleged Corporate Mafia crime boss Victor Chin Boon Long.

VICTOR Chin Boon Long allegedly man manages Hong Seng Capital, which oversees the money lending business of the increasingly dodgy Hong Seng Capital.

LET'S check our what is inside Hong Seng Frontier Sdn Bhd.

ACCORDING to CSH Holdings,  Hong Seng Frontier Sdn Bhd , is the beneficial owner “and has full benefit and interest” over a building comprising a factory, warehouse, office and a canteen that are erected on a 21,680 sq metre leasehold plot in the Bakar Arang Industrial Estate in Sungai Petani, Kedah.

The land’s registered proprietor is Perbadanan Kemajuan Negeri Kedah (PKNK) and the plot has  been leased to HS Vision One Sdn Bhd (HSV) and charged to Public Bank Bhd for a loan facility to Hong Seng Frontier Sdn Bhd.

Hong Seng Frontier Sdn Bhd, however, has “full interest over the lease of the land pursuant to a sales and purchase of lease agreement dated May 31, 2023 entered with HSV,” CSH Alliance’s filing read.

ALL of this chinaman deal looks very fine on paper until enter the Perikatan Nasional hero, the menteri besar of Kedah Muhammad Sanusi Md Nor,  opened  his BIG MOUTH.

SO if Muhammad Sanusi Md Nor had been provided with this privileged information in 2022 the questions should be what is Teoh Hai Hin thinking off, when he entered into an agreement with CSH Alliance using the supposedly rental income CSH Alliance will receive from the Hong Seng plant ON JUNE 2023 which by the way has now been axed.

OR does Hong Seng Consolidated  wants us to now believe that the deal not to start the RM3 billion factor was only made on September this year.

ATTENTION home minister of Malaysia, who is in charge of police affairs Saifuddin Nasution Ismail and PRIME MINISTER Anwar Ibrahim,  at worst Hong Seng merely wanted to dupe CSH Alliance Bhd, but at best the Corporate Mafia who are known financers of Perikatan Nasional have declared WAR AGAINST PAKATAN HARAPAN AND THE UNITY GOVERNMENT.

THE declaration was manifested from the Corporate Mafia by deliberately withholding information that it was going to pull the plug on a RM3 billion investment, because by doing so,  and now proven to be correct, Perikatan Nasional can HUMILATE Anwar Ibrahim in the now concluded state election in KEDAH.