State of the Nation: The Case No One Wants to Investigate.

IF this was another country in the modern world, where the citizens and lawmakers alike will leave no stone unturned to find the truth, expose hidden cartels, then I guarantee  you, this case would merit a Royal Commission of Inquiry (RCI).

THE  RCI  in Malaysia is the highest-level, independent fact-finding body appointed by the Yang di-Pertuan Agong under the Commissions of Enquiry Act 1950 to investigate matters of significant public importance.

THE  matter that should be the centre of investigation is to what extent senior civil servants have  been compromised, due to their dealings with the group led by Victor Chin Boon Long, commonly known as the Corporate Mafia.

A check on past and present filings to Bursa Malaysia,  on companies said to be under the control of the Victor Chin Boon Long group would reveal the following.

 COMPANIES such as Revenue Group Bhd, Nexg Bina Bhd, Hong Seng Consolidated Bhd, MMAG Bhd, Velocity Capital Partners Bhd and Ingenieur Gudang Berhad, has had some very very senior ex public officials joining these companies.

WHICH is fine and dandy, until you find out the colleagues of these very senior civil servants, who were still in the civil service  was effectively being under the payroll of the Corporate Mafia.

CASE in point, is the fact that Hong Seng Consolidated Bhd's Finance Director had paid a RM 5 million bribe to Mohamad Madani Sahari, the CEO of Malaysia Automotive Robotics and IoT Institute (MARii).

READ : Former MARii CEO charged in court for receiving RM5mil bribe

READ : How the company which paid the bribe is actually 80 per cent owned by Hong Seng Consolidated

READ: Kuhan Arunasalam, the man who directed Hong Seng Consolidated's finance director to pay Madani, claims he has people inside the Securitues Commission

IS this just a coincidence or a grooming process ? 

WE won't know until there is a full blown investigation. 

The Prime Minister Is Not Happy.

WHEN ,  the sitting Prime Minister of Malaysia is not happy with your work rate, ethics , and overall performance, he will definitely let you know.

NOT in a private setting, nor will the Prime Minister, waste his time, advising or attempt to motivate,  what in all intent and purpose is a waste wall disguised as a the chairman and CEO of Bursa Malaysia.

THE second Finance Minister's  statement  at Bursa Malaysia function  last month READ: the focus should be on quality and not quantity, was never a spur of a moment thingy..

IT was intense to be a wake up call but judging  by the Bursa Malaysia CEO' Fad'l Mohamed  attitude  that the  READ : numbers remain important, is set for showdown , that ends with a new chairman and ceo.

THE current ones, despite being grown man, are not the slightest bid embarrassed,  that the Prime Minister has to do their jobs because apparently chairman and ceo  end up staining there pants, all the time as they still dont know how to piss straight 

WiseGuy inside The Corporate Mafia : The Replacement Book Cooker Has Arrived

TWENTY 23 months after I had raised very  serious cncerns about the audit firm Cheng & Co,  the Securities Commission took the least

serious charge on the table to cold storage the audit firm. 

READ : Chengco's suspension by audit watchdog forces auditor change at several penny stock firms.

EFFCTIVELY , dirty hands had managed to shield a deeper investigation, on audit partners playing  ball to create an Enron Corp like  false market.

THE following are the two two reports , I had return some 23 months before the curtain came down on ChengCo.

READ : Cheng Co's role in Green Packet Bhd must be put to a stop

READ: Cheng Co Courting Troublev by associating itself with Revenue Group Bhd.

THEY say birds of a feather stick together, hence it comes as no surprise that Kenneth Vun Yun Liun, Victor Chin Boon Long and  Chong Loong Men  has had the same bright idea to  appoint a lightweight, smallish auditor SBY Partners PLT, as their new external auditor of choice 

STATE of the Nation ; Don't tell me you are the devil's child

SHOULD we give a damn on  George Galloway's opinion about the detention of Rex Tan, the Free Malaysia Today journalist?

NO, we should not. READ :Galloway agrees Rex Tan’s arrest was unnecessary. 

FOR one , the wanker is not a citizen of Malaysia , and also, the guy himself has a past,  that READ : fit the word dodgy with a Capital D.

SHOULD Rex Tan, have been detained? Absolutely,  and much more to especially  to test his IQ and on his sanity.

REX Tan is a just a gullible , not very intelligent pawn, while the devil's child do what only their father does so well.

BE a hypocrite. UMNO Youth leader, Akmal Saleh,  has been silent and his silence this time is so unwelcomed, yet welcomed. 

MANY including myself would have been might pleased if Akmal Saleh showed up daily to wish Rex Tan a good morning .

BUT Akmal Saleh  didn't show up and by being silent..he proven , that the wanker is no warrior.

HE is just a bully who understands that, dragging Free Malaysia Today to the trenches comes with a big risk, which could cripple his political ambitions.

TO sum it up, mr big loud mouth is too chicken to piss off the Free Malaysia Today owner.

JOHARI Abdul Ghani with a little help from Syed Mokthar are the people behind Free Malaysia Today.

SOMEBODY should do the decent think. Don't just allow Rex Tan to fall...chop off the head of the Chinaman running Free Malaysia Today too.

State of the Nation: Double Standards

WE  are a nation recklessly  moving closer to lawlessness because of our love of double standards and the closing of one eye.

DOUBLE standards implies that two things which are the same are measured by different standards.

JUST look at how READ : Zahid Hamidi's case has always been treated. One would assume, Malaysians really want to see this man go to jail.

ESPECIALLY,  when one considers the sound bites on the case of Ismail Sabri, the ninth Prime Minister of Malaysia, READ :has been totally non existent.

NEVERMIND, that more than RM100 million in cash and gold bars were found, yet not a single push to have Ismail Sabri put in jail or even resign as a member of Parliament.

WHY is that so?  because we like Ismail Sabri's face and hate Zahid Hamidi's guts?

THE same goes in how we judge the actions of directors. At the public listed level,  we give directors an easy ride by placing barriers such as non related party clauses due to the number of shares held and so on.

BUT for non listed companies, directors who have taken the same actions as their listed counter parts could actually  face action under Act 574 of the Malaysian Penal Code, which is basically boils down to criminal breach of trust.

LAW makers  and their enforcers,  should drop the double standards, because the actions of a listed entity should only be constrained to that of its holding company and not to its subsidiaries. 

WiseGuy inside The Corporate Mafia : Bursa Malaysia, the dishonest broker .

THERE is nothing in the Companies Act, which forbids an executive director from resiging from his post, as soon as the company wins shareholders approval for a rights issue exercise.

IN Revenue Group  Bhd's case, Francis  Seng Wui can still meet all his commitments to the rights issue, as he still remains a substantial shareholder.

HENCE it is extremely odd for Bursa Malaysia to give READ :REVENUE Group Bhd a six month extension on the rights issue.

WHY is it odd, one may ask? Well since the exchange has been so fast in giving the six month extension to Revenue Group Bhd, isn't the exchange delirious in wanting  to know, for its sake and also for the sake of minority shareholders what were the exact reasons Francis Leong Seng Wui had shockingly quit as executive director? 

THE reason given by Leong Seng Wui, VIEW : due to other personal commitments, is obviously not good enough, because he quitting as executive director seems to have a direct co relation to Revenue Group's  rights issue going haywire.

WHY is Bursa Malaysia, not acting as an honest broker? Why is Bursa Malaysia giving Francis Leong Seng Wui a free pass, to make market regulators look like monkey, and at the same time withhold crucial information to minority shareholders. 

BURSA Malaysia has so far refused to question Revenue Group, if indeed Francis Leong Seng Wui was detained for more than a week by the Police and under what circumstances. 

THE exchange is playing with fire with regards to its own reputation, and it's chairman a disgrace for allowing the exchange's reputation to sink so LOW. 

State of the Nation: Ayah Cik

MANY moons ago, a very young Ayah Cik, following a syura concensus reached by ABIM, was weeded into PAS, while the ABIM president himself got into the back seat of UMNO.

READ : Ahmad Lufti, a chief editor of PAS mouth piece, chronicles Abdul Awang Hadi's entry into PAS.

ADD, Anwar as an UMNO newbie, uses his then minnion READ : Hamzah Zainuddin to orchestra Hadi Awang',s stunning loss in his Marang stronghold.

AFTER  which, in confidence breaking move, READ : gets Hadi elected as Deputy President of the World Muslim Ulama Union.

HADI Awang is definitely eyeing the Prime Ministership, and has no intention of allowing Ahmad Samsuri Mokhtar, the Terengganu Menteri Besar , of finally getting back at Anwar Ibrahim.

HOW do I know? Well let's say, before Albert Tei, there was Hadi Awang but on fortunately  for him, no one took up on his offer to cook up hell fire in the state.

CAN Hadi Awang succeed with the help of a UMNO Youth head, Akmal Saleh, who in real time is seeing his political live going into the history books for all the wrong reasons, namely no Federal Cabinet position and his view being totally binned by party president Zahid Hamidi.

AKMAL is desperate to save his own future into something more meaningful, having played the role of the good cop and the bad cop, with neither roles providing enough currency to jump into the next level.

READ : Akmal Saleh says forced marriage with PH better alternative then having a whole swapping partner.

READ : Akmal Saleh, Muafakat Nasional and the demonising of Zahid Hamidi.

ZAHID Hamidi,  knows the score but has allowed Akmal Saleh to showcase to the world, that in order for him to climb up the ladder of life he is willing to sacrifice UMNO's dignity.

MUAFAKAT Nasional under the current circumstances,  especially  after how PAS treated Muhyiddin Yassin and Bersatu, is something only a person who does not have the best interest of UMNO will pursue.

IN 2019, UMNO had 54 parliament seats or 300 per cent more than the 18 held by PAS, meaning  everybody knew who calls the shots and who is the boss. 

WHY should UMNO risk a cosy life now and then pray they won't be degraded like Muhyiddin Yassin...a pray too far off to succeed considering PAS have walked away from a every political party in West Malaysia who is a somebody?

PAS days are numbered. They won big in GE 15, using the Perikatan Nasional logo. That logo is worthless without Muhyiddin Yassin. 

CONSIDERING, the nation's self proclaimed ABAH has been called a common theif,  lustful for money,  the reading on the wall is the eight Prime Minister of Malaysia will finally have a button to press on, that is going to rip PAS  from the ground,  grinding to a halt the march to Putrajaya.