BUT, everyone who is someone in Malaysian politics, knows who actually had failed DAP miserably in Sabah.
ITs the man in waiting, as the incoming secretary general of the DAP, Nga Kor Ming, who as housing minister was parked in the state to the very end.
THIS has basically weakened Nga Kor Min, who must act now, before the general public places one and one together, fill in the blanks and figure out, what has been happening to the KreditKomuniti sector under him.
TOO many companies for example Green Packet Bhd, Revenue Group Bhd and even MMAG Holdings Bhd want to make money lending as their core business.
WHEN times were good, I am sure Anwar Ibrahim won't bother poking his nose into Nga Kor Ming"s business. Times though are not good.. questions eventually will come up on why the same set of people are being given the license.
NGA Kor Ming, should use some of his Christian wisdom by pulling out Revenue Group's Kredit Komuniti license.
REVENUE Group is trading at its lowest level in history at 0.05 sen, which ironically is some 37.5 per cent lower than its plan to raise RM194 million, by issuing fresh shares at 0.08 sen a share.
FOR Nga Kor Ming the choice is very straight forward...pull the plug out, and allow nature to deal with Francis Leong Seng Wui and Revenue Group, or its going to be one heck of a hobson"s choice..
