GONE are the days, when Leong Seng Wui"s, mere introduction; I am from Greenpacket, were designed to invoke fear in ethnic Chinese businessmen, that if they do not surrender their wealth, READ : they would end up like the Revenue Brothers, thrown into a cellar
THE henchmen of Victor Chin Boon Long's Corporate Mafia, if he didn't know before, must surely know by now there is a new sheriff at the Finance ministry , and he happens to be Prime Minister Anwar Ibrahim.
SO what has this new sheriff in town, done to make sure that the Corporate Mafia members, start learning how not to bend down in the shower to pick up the soap?
WELL, for starters, the Labuan Financial Service Authority had refused to approve READ: WJK Capital Equities, planned 100 per cent purchase of Greenpacket Bhd's off shore bank that would have allowed GreenPacket to book a RM13 million gain.
THE reason the deal did not go through is because READ: Capital Equities is ultimately linked to the NOTORIOUS Corporate fixer for dirty officials in the Securities Commission and Bursa Malaysia, Chee Kok Wing
A bank in the wrong hands is a deadly tool, as it can be used to make bad money look angelic.
WHY would anyone choose to only own 15 million Green Packet Shares by spending RM6 million when they could own 120 million GREEN PACKET SHARES, is BEYOND ME.
AND guess WHAT ? A similar pattern emerges in Revenue Group Bhd too, involving the one for one conversion of warrants into mother shares at a conversion price of 75 sen per warrant to mother share, at a time when the mother share was trading at an average of 25 sen a share.
IN total, some RM62.59 million in cash went into Revenue Group due to the warrant conversion that made no economic sence.
IF you wish for an indepth explanation on the three paragraphs above , please refer to READ: The WiseGuy Inside the Corporate Mafia.
GUESS where the new sheriff is taking his horse to next? Well it's to the money washing shop of READ : of the Chinese gangsters who are great friends of PAS, that bullies ethnic Chinese businessmen in their past time.
SO now you know why Bersatu, PAS and even MCA are pleading to any one who would listen, that they have no issues with Anwar Ibrahim being Prime Minister READ : but please surrender the Finance ministership to anybody else.
THE reason is because many politicians know that their fat goose ass is about to be smoked out and cooked by the new sheriff in TOWN.
