Tuesday, 3 June 2025

GAME ON

TUN Dr Mahathir, will be pumping up the volume soon in an effort to destabilise the Government headed by Prime Minister Anwar Ibrahim.

THIS time around, the nearly century old ex mentor of Anwar Ibrahim, can be expected to throw in the kitchen sink 

THE rationale behind this, is because Anwar Ibrahim's corruption drive is about to hit too close for comfort.


TOO close to home, that is as the Ex Prime Minister's son, Mirzan Mahathir looks poised to be charged soon over the 1998, Konsortium Perkapalan,and Petronas owned MICS hastily called merger.

SOME RM836 million injected into Konsortium Perkapalan,allowing the other wise loss making entity to swing into a RM189 million profit.

Saturday, 31 May 2025

State of the Nation : Grey Rhino On A One Way Ticket To Malaysia.

YES, the two tonne beast known as the Grey Rhino is charging full steam ahead towards Malaysia.

THE question here is will we be able to recognise the in a hurry beast on time or let it trample us due to our glaring naivety.


NAIVETY is when, we actually believe that Azam Baki is what ails the MACC, disregarding the wisdom of a man I hold in very high esteem, China's esteemed statesman Mr Deng Xiaoping who eloquently put it , "It doesn't matter whether a cat is black or white, as long as it catches mice".

TALKING about, China, here ie a fun fact, Author Michele Wucker READ : Gray Rhino is the Middle Kingdom's number one English medium best seller.

THE basic concept of a Grey Rhino is that they are high probability and high impact risks which we see coming, and for various reasons outlined in the book, we do nothing about until the risk (The Rhino), is upon us. We either jump aside and the Rhino misses us, or we get trampled to death.

IN a nutshell, there are too many people who shouldn't be in the employment of the MACC are in the organisation, with Azam Baki not being one of them. 

AZAM Baki is actually single handedly moving the MACC in the correct direction, but getting pinned for the stupid decisions made by READ  : OTHERS.

THIS malice has even spread to the traditional media, with ironically is being led by none other than the New Straits Times.

THE paper's coverage  coverage on the East Coast Rail Link (ECRL) has READ : Grey Rhino written all over it in Capital LETTERS.

DON'T bother waiting for the BLACK SWANS to arrive, to discuss the white elephant sitting in the room, because this project can and will sink us much deeper than READ : the USD12 billion, IMDB sinked us into.

AT an interest rate of 3.25 per cent, spread over 20 years after a seven year moratorium,  the READ : RM39.1 billion loan from China's EXIM Bank is eventually  going to cost tax payers about RM45 billion in interest cost, without even taking into account the Government subsidies required to make the rail link palatable. 

CHINA, itself is READ : speeding toward a US$1 trillion black hole due to its Rail revolution turning out to be  a ‘money pit’ as debt soars for one of Beijing’s most prestigious projects.

NEVERMIND, China, and never mind that rail tonnage as a cargo mover, even in READ : ASEAN are on the decline.

ANTHONY Loke of the DAP, who happens to be the transport minister, short of being called out as being DISHONEST should explain how the Government came up with the math the ECRL will be handling 53 million tonnes of cargo annually by 2030.

TO put things into perspective, the National Rail company only handles about 6 million tonnes a year.

EVEN before completion of ECRL the writing is on the wall, courtesy of Channel News Asia which states READ :that Job opportunities supposedly created by the project, fell short from the targeted 80,000 estimate.

ONLY 23,000 job opportunities were created from this project, of which only 4,600 jobs were in Malaysian wage earners pocket, while the balance 18,400 jobs were all in foreign hands.















Wednesday, 28 May 2025

Farhash & Ramanan

THEY are probably the most talked about men in Malaysia at this point of time, with both said to have the ears of the Prime Minister Anwar Ibrahim. 

WITH a net worth of  RM63 million, R Ramanan the Member of Parliament  from  Sg Buloh is said to be the second richest Keadilan MP.

HE is also the Deputy Communication chief of PKR, who has a feather in his cap, that being his upset win over Khairy Jamaluddin, despite the Nation being swept over by a green wave or a Malay centric wave in the last general election. 

RAMANAN was rich even before he joined PKR, and even before he was appointed as a deputy minister.  

THUS far, no an iota of scandal has been slapped on Ramanan, aside  from him being rich and close to Anwar Ibrahim.

AS for Farhash Wafa Salvador Rizal Mubarak, a lot of Malaysians, aren't aware that the wanker was rich even when he was in the opposition and has served as a director in companies linked to John Soh Chee Wen in Singapore.

BUT even before that, Farhash Wafa Salvador Rizal Mubarak was rich and has strong links to Muslim organisations world wide.

DON'T  take my word for it, but rather go find out for your self the amount of money he had raised in his student days at the University of Portsmouth, in the UK.

UNKNOWN to most Malaysians, Farhash Wafa Salvador Rizal Mubarak has strong Islamic credentials which would put to shame the credentials of leaders in the same age group in UMNO, BERSATU and even PAS.

LONG before Gaza, Palestine become trendy among the Tik Tok generation, Farhash Wafa Salvador Rizal Mubarak was at it.  VIEW & READ : The Honanary Ambasador for Palestine

Tuesday, 27 May 2025

WiseGuy inside The Corporate Mafia : The Return of the three Amigos.

REMEMBER the three Amigos ? Well if you forgot, one of the star player of Corporate Malaysia's version of the three Amigos is Revenue Group Bhd's chairman, the Bank Negara Malaysia director, named Kamari Zaman Juhari.


A refresh, before I move on. READ : The three Amigos, who are apparently weak in grammar.

OTHERS on the star studded cast are Abdul Fattah Abdullah, the deputy permanent chair of UMNO and Lim Khong Soon of Quantum Metal.

ALL three of them sit on VIEW :  the board of Quantum Bullion Exchange Board, who apparently  have a new product which is causing a bit stir in AUSTRALIA with their Gold Contract Note , which among others will be giving away 1000 units of shares from a gold mining company listed on the Australian Securities Exchange.


BELIEVE it or not Quantum Metal agents have actually worked overtime to rectify details in which Besra Gold, got their facts messed up under the tag ; VIEW : penjelasan tidak rasmi.

EITHERWAY, The Securities Commission of Malaysia,  what are you guys doing ....


[Penjelasan Tidak Rasmi Berkenaan Pengumuman Besra – Untuk Ahli QM]

Kami faham bahawa ramai dalam komuniti Quantum Metal (QM) tertanya-tanya berikutan pengumuman oleh Besra Gold Inc pada 22 Mei 2025. Berikut ialah penjelasan ringkas dan tenang untuk membantu menjernihkan kekeliruan, menyampaikan fakta sebenar, dan memastikan komuniti kita sentiasa maklum.


1. Penyusunan Semula Lembaga Pengarah Besra

Besra kini sedang melalui proses penyusunan semula Lembaga Pengarah mereka. Jawatan-jawatan kepimpinan, termasuk di peringkat tertinggi, sedang mengalami perubahan. Makluman rasmi berkaitan perubahan ini akan dikeluarkan terus oleh pihak Besra. Penting untuk kita hanya merujuk kepada pengumuman rasmi Besra dan bukan sumber pihak ketiga.


2. Gold Contract Note – Kontrak Sah & Terikat Secara Undang-Undang

Gold Contract Note antara QM dan Besra merupakan kontrak tempahan emas yang sah dan mengikat secara undang-undang. Dalam bahasa mudah, ia seperti menempah emas pada harga tetap lebih awal. QM telah menetapkan harga, dan Besra mempunyai tanggungjawab untuk menyerahkan emas fizikal selepas proses perlombongan bermula. Ini bukan janji lisan – ia adalah kontrak rasmi yang ditandatangani oleh kedua-dua pihak.


3. “Gold Contract Note Device” – Produk QMB, Bukan Produk Besra

Mungkin ada yang pernah terdengar tentang “Gold Contract Note Device”. Untuk penjelasan:
Peranti ini adalah produk keluaran Quantum Metal Bullion (QMB) – bukan Besra.
Ia hanyalah cara QMB membungkus dan mempersembahkan Gold Contract Note – contohnya dalam bentuk sijil atau peranti digital seperti USB. Besra tidak terlibat dalam penciptaan atau pengurusan peranti ini. Tanggungjawab Besra hanyalah memenuhi penghantaran emas seperti yang termaktub dalam kontrak.


4. Rujuk Pengumuman Rasmi Besra untuk Maklumat Emas & Perlombongan

Terdapat beberapa maklumat tidak tepat yang tersebar mengenai jumlah rizab emas dan status perlombongan Besra. Besra sendiri telah menjelaskan bahawa beberapa kenyataan tersebut adalah berlebihan atau tidak tepat.
Hakikatnya, Besra memiliki sumber emas yang telah disahkan di bawah piawaian JORC (jutaan auns emas dalam tanah), tetapi mereka belum memulakan operasi perlombongan secara aktif.
Untuk maklumat yang tepat, sila rujuk pengumuman rasmi mereka melalui ASX atau laman web Besra.


5. Pembaharuan Lesen Perlombongan Besra Sedang Berjalan

Besra kini sedang dalam proses pembaharuan lesen perlombongan mereka dengan pihak berkuasa negeri Sarawak. Ini adalah prosedur biasa yang perlu dilalui sebelum sebarang operasi perlombongan berskala penuh dijalankan. Kawasan konsesi Jugan (sebahagian daripada Projek Bau) sedang dalam semakan.
Pihak kepimpinan baharu Besra telah menyatakan bahawa kelulusan lesen ini adalah keutamaan mereka. Buat masa ini, projek masih berada dalam fasa persediaan sementara menunggu kelulusan.


Kesimpulan – Kekal Tenang dan Sentiasa Maklum

Ringkasan utama:
 • Lembaga Pengarah Besra sedang disusun semula – tunggu pengumuman rasmi dari Besra.
 • Gold Contract Note adalah kontrak yang sah – menjamin penghantaran emas kepada QM pada harga yang telah ditetapkan.
 • Gold Contract Note Device adalah produk QMB, bukan dikeluarkan atau dikendalikan oleh Besra.
 • Besra belum mula melombong – rujuk kenyataan rasmi mereka untuk fakta sebenar.
 • Proses pembaharuan lesen perlombongan sedang berjalan – sedang diuruskan dengan pihak berkuasa.

Kami harap penjelasan ini memberi kejelasan dan keyakinan. Komuniti kita dibina atas asas ketelusan, maklumat tepat dan saling mempercayai. Teruskan menyokong satu sama lain, dan fokus kepada fakta, bukan khabar angin.

Terima kasih kerana meluangkan masa untuk membaca – mari kita terus bergerak maju bersama sebagai sebuah komuniti.



Monday, 26 May 2025

WiseGuy inside The Corporate Mafia : Velocity : NOTORIOUS Part 3

VELOCITY Capital Partners Bhd total exposure to the stock market via its Kreditkomuniti licensed money lending entity is at an unrealistic level.

UNREALISTIC enough for one to question the competence and INTEGRITY  of the DAP starwalt, Nga Kor Ming, who happens to be the housing minister.


CONSIDER the following, Velocity Capital it is estimated had given out a 100 per cent loan for READ : Farhash Wafa Salvador to acquire a 20 per cent stake or 462 million shares for RM184.8 million.

AS such, the entire shares were READ : register under the name of Velocity Capital, which is fair enough.

NOW consider the following, the RM184.8 million comes up to about some 35 per cent of VIEW : Velocity Capital's total assets, which stood at RM523.73 million.

HOW nice, with the KREDIT KOMUNITI  license and business which it is claimed on record  by Nga Kor Ming to help the SMALL MAN, one can just brush aside shareholders and make a man RM108.57 million .

TO each, his own perhaps but what is stinking to the heavens is this single loan translates to 78.6 per cent of the total VIEW : RM235 million credit given out by Velocity as at the end of March 31 2025.

IT gets much worst , if one adds the monies given out as credit to LEONG SENG WUI and Target One to acquire SMI Bhd. 

THIS pushes up Velocity Capital's loan exposure to the stock market, on merely two clients to 84.59 per cent of RM235 MILLION. 



Silence Is Vibrating

THIS time it is vibrating at the door steps off the Democratic Action Party (DAP) ,  the social democratic and secular political party which a chokehold on the ethnic Chinese  votes.

RIGHTFULLY  or wrongly, most Malaysians believe they know who is responsible for the death of Teoh Beng Hock.

A must read and a must watch video albeit via VPN  is the late Raja Petra's train of thought on the matter.



BUT then we have legal views from a source respected by Chinese voters  such as that of former Attorney General ,READ :Tommy Thomas that procedural, evidence not yet sufficient to move the case further.

SILENCE vibrates, and the more it vibrates, people start to talk without speaking, giving you the look, that you know that they know....

IT vibrates loud and clear at the front door of the DAP, following the call from the READ : Teoh Beng Hock association wants DAP ministers to resign over NFA.

FROM Anthony Loke to Nga Kor Ming the silence is beyond deafening, it's vibrating much more now then before. 

2025,  is proving to be year, the unmasking  of the DAP has been taking place at a cancerous pace.

THE public knows now that the Tedy Teow Wooi Huat's MBI scheme , which cost billions of US Dollar losses, not only took place under the nose of DAP Penang, but some of its elders could well be part of the fraud scheme.

LIM Guan Eng's on going corruption case, has also kept the DAP on silent mode. There are no voices from the party to re look the death of Ewe Swee Kheng.

TO think that the DAP would have learned it's lesson well and distance itself from mob groups, have proven to be otherwise. 

LOOK no further than Nga Kor Ming and the shit which is about to explode at rate best measured on the scales of VELOCITY...








Saturday, 24 May 2025

State of the Nation : It's the Prime Ministership that's on the line.

MALAYSIA,  open your eyes, the just concluded Parti Keadilan Rakyat contest, was a fight between two dead woods.

NURUL Izzah,  who came out tops, for all it's worth she is  a relative political neophyte, who holds little sway among the younger generation.

SOME has questioned why on the third extention of Azam Baki's  tenure as MACC head, had she voiced out her disapproval? 

FOR, the record, I believe Azam Baki deserves to have his tenure extended. No point judging the MACC boss, for what he did or did not do ten years ago. Judge him instead for what he is doing now.  He is certainly doing much more than the politicians.

AS for Rafizi Ramli, the so called super guru with the algorithm for PKR success,  the Economic Minister is one lucky son of a gun if you look at the statistics a bit deeper.

RAFIZI or no Rafizi, the party's share of the aggregate vote at general elections has been in decline since the 2013 general election.


RAFIZI Ramli, who has under performed for most part of his tenure as Economic Minister, hasn't had the algorithms to reverse popular support among Malay voters.

SOME 55 per cent of Malay voters had supported Keadilan in 1999,  but nearly two and a half decades latter, the support had shrinked to around 30 per cent.

RAFIZI Ramli's biggest success has been hid ability to convince the top leadership of PKR, and a big part of Malaysia  that he has the algorithm for success.

COMING from someone who knows a thing or two about  algorithms, I can tell you off hand, at the end of the day ; it's your end product that determines success or failure. 

REMEMBER, the saying, long before we had Internet,  WhatsApp, TikTok and X, ; You can't fool all the people all the time....

WELL it holds true for 99 per cent of Malaysians, perhaps with the exception of Rafizi Ramli who has planted a time bomb inside the party.

EVEN  with  Rafizi Ramli manning the ship, PKR wouldn't have made a big leap in the coming  Sabah state elections.

BUT without Rafizi Ramli,  the people leading the front in Sabah from the party HQ in West Malaysia , hardly have the track record to deliver.

IF you are expecting the likes of Nurul Izzah, who couldn't even get her self elected in Permatang Pauh, or Amirudin Shari, the Selangor Menteri Besar,  who lost 36.84 per cent of the seats held by PKR in the 2023, Selangor state elections, you are indeed the optimistic person in the world. 

IF PKR falter in Sabah, which is not the strong hold of the party in any which way, trust me there will be a move on the hot seat in Putrajaya,  based on the wrong believe,  that Rafizi Ramli is genius at the level of Rasputin,  and not just one lucky son of a GUN.



 


Thursday, 22 May 2025

WiseGuy inside The Corporate Mafia : Once Upon A Time in Malaysia.....

ONCE upon a time in Malaysia, most of us would have waged everything we own on the Malaysian Police solving high profile cases.


ONCE upon a time in Malaysia, some amongst us, would in private make degrading statements about the state of the Police force.

YET in our hearts  of heart, we still had that believe ,even then, if the shit hits the fan, the men in blue will deliver big time on all fronts.

ONCE upon  a time...seems like more than a life time, a memory too many light years away.

TODAY,  we are being  trained to accept, what we wouldn't  have  accepted, once upon a time.

RIGHTFULLY then, the Global Organised Crime Index VIEW ; has nation's such as Rawanda ahead of Malaysia.

WHO are we to protest, that deserves to be better ranked, knowing  fully well,our  heads will fall a notch down, and our mouths shall keep silent.

ONE nation, our citizens are shell shocked not because Pamela Ling Yueh's whereabouts remain hidden.

SHOCKING, absolutely,  without an iota of a doubt, a month has passed, and despite, READ : eight people with five cars, nicking Pamela, we, and I mean all of us are none the WISER


 

WiseGuy inside The Corporate Mafia : Revenue Group Bhd, All Roads has led to HELL

QUESTION, are the executive directors of Revenue Group Bhd,  intellectually, morally and ethically capable of making decisions  which benefits the company?
 
IF  the answer is NO,  then the Securities Commission and Bursa Malaysia should NOT allow the executive directors to drag the company into hell, via a script issue exercise.


SUCH an exercise,  would dramatically  fire up Revenue Group into NOSH (Number of Outstanding Shares) hell ;  The NOSH for the mothee = 3,025,484,705 , while the baby or warrants swell past a billion to = 1,210,193,882 

CONSIDER , the following,  the executive directors, SPECIFICALLY  Francis Leong Seng Wui, and Teh Chee Hoe,  have been dragging Revenue Group  into the abyss.

THE ill fated purchase of READ:Innov8tif and it's subse. 57quent disposal to Nex G Bhd cðdxertainly puts the duo in the INCOMPETENT list  .

CASH call have been called  to even pay salaries, but some how , Revenue Group  never seem to get out of woods .

HELL, the duo , couldn't even choose a decent accountant. Wait for the announcement, Revenue Group in search of  new auditors,  after the SC pulled the PLUG OFF!!!!











Tuesday, 20 May 2025

Kenneth Vun Yun Liun, taunts the Securities Commission.

MARKET manipulator Kenneth Vun Yun Liun, today admits that he has a past, and he will not shy away from it.


SO what?  Is Kenneth Vun Yun Liun  now prepared to reveal his role  iREAD : in the hidden hands that manipulated penny stocks ?

OR, is he only admitting  to his moral deficiencies,  questionable ethics, and dishonesty that led the Securities Commission convinced that he is a market manipulator?

KENNETH Vun Yun Liun, naming his dishonesty as a journey, shouldn't shock anyone too much,  because that is what manipulators do.

Monday, 19 May 2025

WiseGuy inside The Corporate Mafia : A Coincidence?????

300 days ago,  I told you so ...there the mathematical knot is at work with regards to The Corporate Mafia,  Tedy Teow Wooi Huat 's Mobility Beyond Imagination (MBI) and the international narco trade.

LAW enforcement  should have another READ : Muhammad Sanusi Md Nor's Boys Form Kedah, which details specifically on hidden Mafia Group's thirst for airports, airlines, warehouse and sea ports.


TELL me NOW , Malaysia is it a coincidence  that READ : that the three Tan Sri's detained, two are involved with airports.

MEET the  Tan Sri  named Tan Kean Soon's T7 Global Bhd  works on the baggage handling system (BHS) project at the Kuala Lumpur International Airport (KLIA).

TYCOON  Khor Eng Chuen ,  meanwhile  is the central figure in the plans to build an airport Kedah.

THERE is another 2 players  in the equation, mostly on the stock market and financing side, name the Corporate Mafia and KENNETH Yun Vun Liun. 

WHY KENNETH VUN YUN LIUN ....go find out, who trained Kenneth Vun  Yun Liun  and see if the words gets back to you, that it is the group that cleans dirty MONEY.









Saturday, 17 May 2025

State of the Nation :Silence Is Vibrating

SILENCE  vibrates, and the more it vibrates, people start to talk without speaking, giving you the look, that you know that they know....



THE MACC, added the said officer has made a Police report on the matter.


THE deafening silence, turns darker when the Corporate Secrets.Com in 2023  names the same ethnic Chinese officer from the MACC now infamous Sector D unit READ : as being under the payroll of Victor Chin Boon Long.

YET again, the MACC defended the officer and he subsequently  made a Police report.

THE silence vibrates,  when in 2022 , Free Malaysia Today's report that : business men reports threats and RM1.7 million cash transfer demand.

THE businessmen's name is Chan Choon Lai and those who know him, should ask him directly, who was doing the asking...

GUESS what ...if you are a betting man, don't even bet a single sen that it is not the same agent provocator. 

AND yet again the office made a Police Report, his third in just four years involving so many people.

SILENCE no longer deafens.  It VIBRATES, without even a single word UTTERED. 

Monday, 12 May 2025

WiseGuy inside The Corporate Mafia : There are levels to this disrespect.

WHO the hell  does PAS, Nurul Izzah and Rafizi Ramli think they are? 

ON second second  thoughts, it really doesn't matter  who they are, who they think they shall be or has become..


THE  bottom line is  an either or an or. ..a small mind with  below average understanding  of the Federal  Constitution, or  a very rude group of Malaysians.

By  slagging lagging Azam Baki, they are showing utter disrespect  to his majesty  the  Kinh of Malaysia.





Sunday, 11 May 2025

WiseGuy inside The Corporate Mafia : Narco, Central America, I told you so.

SOME 569 days ago,  I had already established that there is a drug transhipment   ring in Malaysia for the export market, which hails from Central America.

TWO days ago, the New Straits Times had reported READ : drugs coming from Central America to Malaysia as something out of the ordinary 

BY Central America, I specifically mean MEXICO and a smaller extent Colombia.


WHO are the mainstay players in this mega narco business, in bed with military like equipped organised crime groups, hailing from Central America.?

SPECIFICALLY,   conclusions  pointed to a major flaw in how,  both mainstream and off stream media had defined THE CORPORATE MAFIA .


WHICH is why, the Government must continue to probe how close to RM60 million was washed in Revenue Group Bhd.

SUPPOSEDLY,   minority shareholders converted Revenue Group warrants by paying 75 sen premium per warrant at a time, when the mother shares were trading at less than 25 sen a piece .

WHO can this this type of losses, and why would they want to suffer such losses, if it was not to cleanse dirty money?

BURSA Malaysia, SC, Bank Negara Malaysia, don't be shy lah, either respond to the question to charge the Revenue Group Bhd boars for conspiring to launder money.




Saturday, 10 May 2025

State of the Nation : The Challenger To The Far Right Has Arrived.

THE challenger to the far right has arrived, strikingly un noticed to a world, bordering  in between either ignorant or forgetful of its history.

ALL the more shocking, on the ignorance of the arrival of the challenger is that 36 years ago it had torn off the Soviet inspired Marxist Iron curtain in Eastern Europe, without firing a single shot. 



IT is by no accident that the Vatican's new top guy, Pope Leo XIV, READ : is the direct opposite of Donald Trump and his side kick, Elon Musk.

THE most celebrated MAGA Catholics are Steve Bannon, Trump’s former chief strategist, and Vice President J.D. Vance, with 58 per cent of Catholics having voted for Trump in November.

THE US is the fourth largest Catholic nation in the World, with some 20 per cent of its adult population, consider themselves practising Catholics. 

THE right and far right movements across the World has been on an uptrend across the globe, virtually unchallenged in dominance for nearly a decade now.

DONALD Trump, reclaiming  the US presidency was supposed  to give the movement across the world  the finest steroids to feed on, until the Vatican decided to hand an unknown American cardinal, the papalship.

EVEN in Malaysia, those promoting hatred along ethnicity, suddenly are seeing their hatred filled strategy blowing up on their own face.








Thursday, 8 May 2025

WiseGuy inside The Corporate Mafia : Can the MBI investigation unlock these puzzles?

UNTIL today no one knows exactly who signed on the dotted line to READ: sell off 1214 hectare land owned by the Perak State Development Corporation to ECK Development Sdn Bhd .

WHAT, we do know is the land ear marked for a brand new airport in Perak was sold, sometime between 2018 and 2019 for a song  to ECK Development  at a time when Ahmad Faizal Azumu was the Menteri Besar of Perak.


A MACC investigation supposedly started in 2022, has yet to result in charges  being filed against the individuals responsible for the sale.

 ALL this is despite Nga Kor Ming raising the matter in the state assembly,  claiming there no memo or even meetings to consider such a sale.

WILL Malaysia discover what is it actually did the Kedah Menteri Besar Muhammad Sanusi Md Nor saw back in 2021, to convince him that READ : ECK Development has proof of funds totalling RM6.5 billion for the first two phase of the planned Kedah International Airport.

ALL this for a company  which was losing to the tune of RM43 million a year in 2021, with liabilities standing at RM627.6 million, surpassing the company's assets, but yet strangely  were paying hefty dividends to shareholders.

THINGS get a lot more interesting when one starts to study Muhammad Sanusi Md Nor a bit more.


AND who is the generous recipient of this land,? Well it's none other than Hong Seng Consolidated, who kept their mouths closed, allowing the Kedah Menteri Besar to use the planned billion ringgit project as PR material on the ability of his PAS led Government  in attracting investments for the state election campaigns last year. 

MUHAMMAD Sanusi  Md Nor would latter admit he knew in advance that the Hong Seng project was a dead wood, something which minority shareholders were not informed by the company until it was too late.

AND is there a link between Papa Rich, Tedy Teow Wooi Huat's  MBI and Quantum Metal? We will soon find out, won't we...











Tuesday, 6 May 2025

WiseGuy inside The Corporate Mafia : AFTER 571 days.

YES approximately  571 days, that is how long the Securities Commission's audit oversight  body took to get its act in order.

ON,  October 13, 2023, I had specifically focused READ :in the manner auditors Cheng & Co has gone about auditing Greepacket Bhd' books..


MY concerns were  why had GreenPacket refused to hire a big three audit firm and how on earth were Chengco adding value to the audit process of GreenPacket, which supposedly earns in the 100's of million from outside Malaysia, when Chengco doesn't have an oversees presence.

FRANCIS Leong Seng Wui's eagerness to embrace CHENGCO for Revenue Group, merely  strengthen the bias that something randy was taking place in the state of New York.

CHENGCO has now received its second  suspension from the Securities Commission 's audit board in  merely six years..

THE SC having a spine bodes well for Malaysia as well as for its excecutive chairman Mohammad Faiz Azmi, who I am told have eyes for KENNETH VUN YUN LIUN. 



Saturday, 3 May 2025

State of the Nation : Tedy Teow Wooi Huat's AMLA Song In KL, is PENNILESS

TEDY Teow Wooi Huat, fraudulent scheme , has actually netted nothing from the recent reinvestigation of Mobility Beyond Imagination Group (MBI).

THE cryptocurrency scam, READ : stole USD$14 billion from more than 10 million people.

MBI spelled backwards is IBM, which press reports claim as proof that Tedy Teow wooi Huat wanted to build the scheme to be as big as International Business Machines Corporation.

THAT though is actually a myth. Tedy Teoh Wooi Huat actually had a knack of using larger corporations namesake to garner attention.

CASE in point, according to US SEC fillings Tedy Teoh Wooi Huat, has a digital sports entertainment company VIEWApple iSports Group Inc.


TALKING about myths, Ideal Property Group controlled by Alex Ooi Kee Liang says READthe company has nothing to do with MBI.

WHICH is why, we should not jump to the conclusion that the RM3.5 billion frozen.due to AMLA related breaches , shouldn't be constructed as having been  forfeited.

SO far not a soul from the legion of Tan Sri's and Datuks , who have had to their knuckles merely pinched, have been charged in court.

JUST look at the condo emperor in Penang, who some years back had his accounts frozen for AMLA breaches , but nothing came out from it. 

THE only head to roll from that incident was the chairman of Koperasi Tunas Muda Sg. Ara Berhad, the one term state assemblymen representing Batu Maung. READMansor Musa in the dock for taking RM11 million bung.

IDEALLY, if you get the guess correct you will win a property but for today there no gifts, if you are able to deduct which heavenly condo blue bird, was giving out millions in stained envelopes. 

Thursday, 1 May 2025

WiseGuy inside The Corporate Mafia : Nga Kor Ming

DAP's Nga Kor Ming is playing a very dangerous game, with the whispers getting louder, on who his friends are, since he became a Federal Minister.

HAVING emerged as the new deputy chairman in the recently completed party elections, that for the first time was rocked with allegations of money politics.


IT came as no surprise that team Nga Kor Ming were the biggest winners in the socialist learning party's election. 

NGA Kor Ming's tenure as housing minister has seen credit komuniti entities giving out huge loans to individuals to  buy and speculate on stocks.

FOR example,  it is estimated, that Farhash Wafa Salvador Rizal Mubarak got somewhere between RM180 million and RM300 million to buy shares in MMAG by Velocity Capital.

HIS  tenure , has also seen the minister extend Revenue Group's money lending license despite strong  paper trails that RM64 million had been washed into the company.

NGA Kor Ming, had also attempted rehabilitate Leong Seng Wui' reputation by attempting to give Revenue Group a fresh batch of contracts. READ :Nga Kor Ming is an embarrassment.

AND before , NGA Kor Ming, in the truest sence of whoes badge he actually wears close to his heart, went out of his way to appoint READ :Mohd khairul Adib Abd Rahman as the alternate chairman of the Local Government Development Ministry' Panel of Experts.

YES, the same Mohd Khairul Adib Abd Rahman,  who mysteriously had shares in Classita Bhd which he sold for a six million ringgit gain.
  
THE same Mohd Khairul Adib Abd Rahman, who was loaned a bundle of cash by KN Kenanga to but NEX G Bhd.

THIS is the same Velocity Mohd Khairul Adib Abd Rahman,  who online publications claim is the richest Malaysian KSU, in the shortest period of time in the history of man kind.

BIRDS of a feather, they say tend  to stick together but when the axe starts to fall, then it's every bird for itself.

WHEN it's every bird for itself.....they tend to always fall like ninepins in bowling alley




















Tuesday, 29 April 2025

WiseGuy inside The Corporate Mafia : Calling Mr Vain, calling, DPP Law Chin How.

WHAT'S a conflict of interest? It could mean so many things, yet nothing. Many though, won't object to the point of view, it leads to bias in decision making.

TAKE the case of the senior Deputy Public Prosecutor of Malaysian Anti-Corruption Commission, Law Chin How.

SOME say, he has a close bond with MACC' famed Cawangan D, true or not, it's actually none of our business. 

IT becomes OUR business,  and I mean OUR as in Malaysia's  and every Malaysians business, even if there is a single drop or hint of a conflict or even perceived conflict of interest. 

LAW Chin How, has been involved in some very high profile cases such as 1MDB, and the Bung Mokthar's  case,  but it is the lesser profile case that should bother us.



THE drawback, though was the bribe giver, cited by MACC FM is a READ : is a certain Kenny Khow Chuan Wah, who ultimately was acting on behalf of a company owned by Hong Seng Consolidated.

WHEN all these monies were exchanging hands, Kenny Khow Chuan Wah, was also an executive director in Green Packet  Bhd, alongside Leong Seng Wui, who now happens to be the substantial shareholder of Hong Seng Consolidated.

BOTH Kenny  Khow Chuan Wah and Leong Seng Wui very hurriedly resigned some three days apart from Greenpacket in Dec 2023.

WHO decided, in giving Kenny Khow Chuan Wah, the bribe giver on behalf of a company under the Hong Seng Corp Bhd group of companies a FREE PASS in the Madani Shari graft case and WHY?

CAN those same set of people lead a prosecution teams case involving Revenue Group Bhd, where on the dock are all those who OPPOSE  Leong Seng Wui.  You be the judge MALAYSIA




 


Monday, 28 April 2025

WiseGuy inside The Corporate Mafia : The Story of Ooi.

THE story of Ooi Chieng Sim,  is indeed a fascinating one, as the cover up, was not from the police but from Politicians in government at that point of time, and some very respectable business publications

RESPECTABLE at the level, even Malaysia's most popular politician among the masses,  has his kuckles cracked.


BY any accounts, the seizure amount is pathetic.

 NO wonder Revenue Group Bhd cab convert warrants at 75 sen a share when the mother was trading 20 over sen to raise as much as RM62 million cash in the most suspicious way.

WHO were this kind hearted warrant holders in Revenue Group? Were they angelic, or notorious individuals masked via proxies finding legitimacy from  the drug trade?

THE recent factually on Tedy Teow Wooi Huat,  paints a much more darker edge to the MBI founder.


THE Thais know something we don't which is whg they insist Tedy Teow Wooi Huat is a billionaire and a drug kingpin.

FORMER home minister has a lot to account for. Under his watch, those at front line of the drugs business but still be a director of a public listed company.

THOSE gangster types, like Francis Leong Seng Wui,  can have police report lodged against them for blackmail, fear mongering, and intimidation, and yet is seen fit to continue turning porifitable ventures into failers

Friday, 25 April 2025

State of the Nation : Birth Rights

THE new rich of the world is no longer solely tied to gold reserves,  currency reserves or even US Treasury Bills ownership.

 NOR is it valued on your YUAN reserves, or even the much talked about super BRICS currency  of the future.

THE rich, ironically is what GOD through mother nature has given each nation as its birth right.

IF you abuse your birth right, you could well end up, holding the beggar's bowl for help from your brother, VIEW : as Malaysia found out when Indonesia said NO to our request to buy rice from them.

THE politics of the new rich, is not confined to our nation, as we can see it being played live on TikTok screens and on CNN as READ : India suspends water treaties with Pakistan, treaties that were never touched even when both countries were at war.

STRANGELY,  India's decision to use water as a weapon, comes merely two weeks after, the country alleged READ : that china building the world's largest dam, was akin to a water bomb which could sink Northern India and Bangladesh.

EVEN the slightest mention of war between India and Pakistan, is going to have an impact on our own rice supplies.

ONCE upon a time, nearly four decades ago, due to our GOD given birthrights, we were self sufficient in rice, but we squandered that away in a fluff.

WE have ample water though for our people and the Proposed Data Centers, READ : which requires a tremendous amount of water.

IT will be a sad day indeed, when we wake up one day to find out even that birthright we have given it a way for a SONG.


Thursday, 24 April 2025

WiseGuy inside The Corporate Mafia : MMAG Bhd.

HERE is a question that needs to be answered,  not by MMAG Bhd but by BURSA MALAYSIA. 


HOW much money did Farhash Wafa Salvador Rizal Mubarak spend to buy a 20 per cent stake in MMAG Bhd.

ERIC See-To, Najib Razak's fan boy who goes by the name Lim Sian See READ : places the deal at RM320 million, while I have gone on record to place it at between RM100 million to  RM280 million 

WHY this is an estimate is because there are no documentations yet on Bursa Malaysia's website on the cost of the deal.

WHY is the cost important then? Well it is because just weeks before Farhash Wafa Salvador Rizal Mubarak  would enter MMAG, Velocity Capital had bought the shares for a song.

THE average price NEXG Bhd paid for a stake in MMAG READ : was about 40 sen a share.

IN between those purchases MMAG shares had flew in the month March from 51 sen to well over 80 sen a share up to March 24th only for the run to be broken by READa one day 15 per cent plunge in share prices, which has never really recovered.

ONE day latter, on the 26th of March, Farhash Wafa Salvador Rizal Mubarak would appear. 

WAS there a margin call on MMAG, or were the shares pressed down for Farhash Wafa Salvador Rizal Mubarak to enter ?

ONLY for all the well laid plans go off the rail due to an orange looking guy sitting in Washington DC, known as Donald Trump upsetting the world trade order?






Tuesday, 22 April 2025

WiseGuy inside The Corporate Mafia : The ties that don't seem to bind.

MOST may have heard about the saying on the ties that bind, an irrevocable friendship that doesn't change even through the test of time.


BUT here is a new one for you, the ties that don't seem to bind but is being forced upon a gullible public, that there is something more than meets the eye.

CASE in point, being Farhash Wafa Salvador, who was Anwar Ibrahim's secretary some five years ago, before they parted ways.

THOSE close to the Prime Minister say, while they are not on bad terms, neither is Farhash Wafa Salvador considered to be in the inner circle of Anwar Ibrahim. 

FARHASH Wafa Salvador can do business with whoever he wants to and Anwar Ibrahim's Minister of Finance Inc will do whatever it deems in the best interest of Malaysia.

JUST look at the MMAG Bhd  linked Nexg Bhd, formerly known as Datasonic Bhd. The moment word on the street had hit a couple of months ago, that people close to MMAG's executive director  Victor Chin Boon Long was taking over Datasonic,  what has the Government response been?


TODATE, the MOF controlled Urusharta have dumped more than 108 million shares of NEXG Bhd in the open market and READ : formerly exited from Nexg as a major shareholder.

IF this doesn't convince you, call the senior stock brokers, the men in the know and ask them whoes group is having sleepless nights due to MARGIN CALL





Friday, 18 April 2025

State of the Nation : When Judges Are Told ...

BEING an individual off having zero experience being in a court of law, physically, I was amused to read, what I have seen on American court drama, being told to juries but never to a panel of seasoned judges.

THAT was until, I read the Edge on the case involving young law maker, Syed Saddiq on charges of corruption by the Deputy Public Prosecutor. 




THE Attorney General's office seems to be ensync with the feelings of this group of voters,  which also happens to be the base that is holding up Najib Razak's popularity.

ARE they about to see one more of their icons behind bars at a time wheh there is so much pent up frustration.

FRUSTRATION when there  are cases such as Tedy Teow Wooi Huat's MBI pyramid scheme,  the Quantum Metal, running into the second year of delayed payment or even the RM64 million warrant conversion saga in Revenue Group Bhd,  had seen no one of sizeable reputation being jailed in Malaysia.

WE can't blame the courts for not jailing them if the cases are never brought to the halls of justice, in the first place.

WHO do we blame then?





Thursday, 17 April 2025

WiseGuy inside The Corporate Mafia : Victor Chin Boon Long

IS Victor Chin Boon Long still running the shots in MMAG Bhd, while the new so called single largest shareholder of the company remains with zero executive powers? READ : Farhash Wafa Salvador has no executive powers in MMAG Bhd


WELL apparently going by the legal books, the one with executive powers on the board of MMAG Bhd is VICTOR CHIN BOON LONG.

YUP,  Victor Chin Boon Long is still the executive director of MMAG, with zero direct shares owned in the company,  and the only person who actually resigned from the board related to Victor Chin Boon Long was his wife.

YOU see Chan Swee Ying, who still owns 107 million MMAG shares, merely resigned VIEW : alternate executive director to Victor Chin Boon Long.

VICTOR Chin Boon Long is firmly in control of MMAG Bhd, whoes share price have been rising despite a 10 to one  share consolidation exercise on the cards.

Wednesday, 16 April 2025

WiseGuy inside The Corporate Mafia : Money Laundering

MONEY laundering on Bursa Malaysia is not and never have been confined to the nephew of READ : Tedy Teow Wooi Huat.

IN fact, it is so prevalent, that Bursa Malaysia might be walking into a trap to shoot its own arse by allowing REVENUE Group Bhd to READ : the company to raise RM193 million of which some RM143 million will be ploughed into the money lending business.

NOW why should such a proposal if approved come and haunt back Bursa Malaysia in a very bad way?


WELL first and foremost Teh Chee Hoe and Leong Seng Wui have a recent past of making all types of proposals that look good on paper but eventually ends up with the companies they manage losing money.

FROM SCAN Associates Bhd, to Green Packet Bhd to Revenue Group Bhd, the story has always been the same.

SO how come the duo have managed to stay in the game for decades now, while the companies they manage all end up needing mouth to mouth resuscitation?

 WORD on the streets are, they are professional money launders, which of course we can expect them to deny.

SO why not Bursa Malaysia, the Securities Commission  and Bank Negara work together and prove once and for all that Leong Seng Wui and Teh Chee Hoe are not professional money launders. 


IF you can't do that, then don't give them the approval to expand their money lending activities, because you will have blood on your hands due the growing drug threat our nation is facing.

Monday, 14 April 2025

WiseGuy inside The Corporate Mafia : Farhash Wafa Salvador

THE devil is in the detail and it is on fine print in Velocity Capital's VIEW : Latest announcement to the stock exchange.

VELOCITY  Capital disclosed  that it gave out a single cash loan amounting to RM120 million to an individual , who in turn had pledged RM321 million in assets.

NOW, we all know that Farhash Wafa Salvador took a cash loan from Velocity Capital Partners where interest rates could go up as high as 12 per cent per annum, which is about 200 per cent higher even if you take a personal loan from a bank to buy MMAG Bhd shares.

WE also know since all of Farhash Wafa Salvador's MMAG shares are pledged to Velocity Capital, and that READ : the 20 per cent of MMAG shares acquired by Farhash Wafa Salvador is valued at between RM280 million and RM330 million.

NOW that alone would suggest, there is a mis match with what Velocity Capital had disclosed to the stock exchange. 

BUT then again, this argument can easily be explained that Farhash had taken more loans using sole proprietary, which Velocity could list as companies since the Bursa Malaysia listed only Farhash Wafa Salvador's name as the shareholder with Velocity Capital Partners Bhd being the registered owner of the shares.

OR that Farhash Wafa Salvador could have purchased some of the shares in cash and pledged them to Velocity for additional cash , but the hick up to these argument is why is then Velocity Capital Partners the sole registered owner of the shares.

BUT the question most Malaysians would want answered is why Velocity Capital Partners having a 51 per cent single exposure to one individual from the total RM253 million it loaned out?

HOW much interest is Velocity Capital Partners charging Farhash Wafa Salvador? Is it market rates, below market rates and the so called RM321 million assets pledged are they really worth that much or is it based on a best case scenario?

MARKET players will definitely not be getting this set of information from the stock exchange but it reflects badly on the housing minister Nga Kor Ming, the housing minister who is on RECORD VIEW : stating that Kredit Komuniti entities are here to help the SMALL MEN OF Malaysia.

HAVING assets valued above RM320 million must surely discount the the individual as a small men, and then when you take into account that Velocity Capital Partners Bhd READ : has ties with people and companies acting as fronts for Tedy Teow Wooi Huat's MBI, who shall we fault for the narrative that something is rotten in the state of Denmark?


Sunday, 13 April 2025

WiseGuy inside The Corporate Mafia : Lim Guan Eng.

LIM Guan Eng, is a politician who i felt when growing up, as a class above the rest, as I found it fascinating READ : that Malaysian politician, would be a prisoner of conscious for a girl who is neither of his race nor religion.


NOT even, READA USD Two Billion IMDB fund parked in Seychelles, tied up to the Penang Undersea Cable Project, had me thinking twice, perhaps the man has changed ; but for the worst. 

NOW, with some decades under the bridge, and having me reevaluate the scale of the Mobility Beyond Imagination ponzi scheme,  and how Lim Guan Eng, was the centre of attraction.

FROM officiating marathons bankrolled by Tedy Teow Wooi Huat 's MBI, to being at MBI company functions, Lim Guan Eng was there.

AND the skyscraper like billboards on key state government structures,  screaming MBI, shows this was know ordinary company.

WITH close to RM10 billion of Tedy Teow Wooi Huat 's lost money almost in sight, one wonders if Tedy Wooi Huat had been leaving us with a CLUE from day ONE.

THE acronym MBI if spelt backwards is IBM, the US-based computer main frame technology company with a global reach.

LOOKING Back, it might have been a code of two faced tokong like figure, saying and doing the right things for all sides both in private and in public.






Friday, 11 April 2025

State of the Nation : Ali Baba and the 40 policemen

A couple of days back, I wrote on my Facebook page READ : an updated version of Budak Bijak Pandai yang selamatkan Temasik dari Todak which was a followup to READ : Trump's tarrifs and money sacking automotive AP business in Malaysia.


IF, you are wondering who is the guy in shorts , well it is none other than,Tedy Teow Wooi Huat, the prime figure behind the disgraced MBI, which wanted a global reach similar to IBM.

WAS Tedy Teow Wooi Huat in China yesterday? I DONT THINK SO.  He is where he is ...my lips are sealed alongside ALI BABA and the 40 policemen.

WHEREVER, he is, Alibaba, I mean Tedy Teow Wooi Huat apparently sings better than a canary in Mandarin and Malay.


THE report is talking about the MBI scam actually and in total more than 8 people have been held.

AMONG the prominent Datuk's  one name sticks out. Who is it? Well perhaps we should ask Shahul Hameed  of HRD Corp, because  apparently under his leadership HRD Corp invested in two companies directly controlled by this Datuk.

AND no, it's not Vincent Tan Chee Yioun,  who is a Tan Sri.

BUT why ask Shahul Hameed? Well Shahul Hameed is apparently close to a senior politician , who holds no cabinet position these days, who in turn is buddies with Amin Bangla, who in turn has been in bed with the founding members of the CORPORATE MAFIA.




Thursday, 10 April 2025

Will the director general of the Immigration Department, please stand up

ZAKARIA Shaaban, better not be relaxing somewhere, sipping coffee and having a good time now, because the Malaysian Corruption Watch, an NGO with a close relationship with the Anti Corruption  Agency VIEW : just disclosed that the immigration department is the most corrupt agency in Malaysia.

MOST of us, may never have heard this wankers name or even have a second to Google up on how  Zakaria Shaaban even looks like.


I bet you definitely want to know a lot more about Zakaria Shaaban and how competent this guy must be, when you consider the statement made by the MCW president that 90 per cent of the immigration officers at KLIA are corrupt.

AM I agreeing with the statement made by the MCW president? I honestly don't know what to think, considering READ : that Prime Minister Anwar Ibrahim had told the nation, back in July 2023 that only a small group of immigration officers at KLIA are problematic.

SO which is which? Is corruption at KLIA among immigration officers confined to a small corrupt or 90 per cent of them are living on bung money?

WHAT do I know then, to even consider writing about the department headed by Zakaria Shaaban?

I know two things. ONE, many Malaysians including UMNO Youth head Muhammad Akmal Saleh should be ashamed of themselves and immediately offer their apologies to READ : Tiong King Sing, our tourism minister for exposing the culture of corruption among immigration officers at KLIA.

SECONDLY, why are we not charging in court corrupt and non corrupt public officials who are aware of corruption in their respective departments for remaining silent, when the law states clearly it's a criminal offence if you do not report such acts.