WiseGuy inside The Corporate Mafia : The Narco Group That Went Mainstream

SEAN Goh Tze Han,  has been humbled, insulted, humiliated, publicly disgraced, over the past couple of days, as his dearest father has been named and shamed as a scammer. READ : My Airline is part of Corporate Mafia.

AS editor of seeking Seagull, Sean Goh, the baby child of GOODFELLA, Alan Goh, an alleged fraudster behind My Airline,  who sits on the board of MyAirline, was described by an insider, as being without talent and  pocessing alll the charm and warmth  of a deceased.

AS we now know, the Muhyiddin Yassin's and Bersatu's hold on power, remained largely intact despite Muhyiddin Yassin surrendering the hot Prime Minister's seat to Ismail Sabri.

THE years 2021 /2022,  were big ticker years for the GOODFELLAS in coats and suits, who would have something to brag to one of thier core funders ,, on how they have learned tbe lessons from the funder's top boy's failure. 

MEET the master scammer, who perfected the MACAU deception, the now  grumpy Tedy” Teow Wooi Huat, who never expected READ : China To Remember, as well as to have the audacity to touch the ultimate funder of the Goodfellas.

ON the bright side, the GOODFELAS, seems to be specific on their requirements ; great access to bonded warehousing and control over travel, a key oversight that led to the downfall and  still detained READ : Oii Chieng Sim, the drug lord which the police say has a boss, and the boss had fled tbe Island a year before. The timing matches, Tedy Teoh's EXODUS.

ONE year, before MyAirline, and its Credit Community folks becoming an item, a shell shocked nation, with anger boiled at tipping point, completely missed the  achievements of one of the largest money lender of last resort.

MEET the Hong Seng Consolidated Bhd's game of thrones in MMAG. A June 2021, issued by a certain READ : Kenny Khow, executive director of MMAG, who said trust us by supporting MMAG to handle your logistic needs.

ALTHOUGH  now the public knows the real reason MyAirline closed shop is not due to financial  reasons but because of Roger Ng's return.  READ : Teo Kheng Hock, ON July 2023, says MyAirline iPO set for 2026.

CLEARLY money was not the issue, but something much more than money.  Money for the Corporate Mafia when the BERSATU/PAS flags were flying high was never a matter.

INFACT they had so much money that the Corporate Mafia wants Malaysia to believe that READ That Kenny Khow Chuan Wah paid a RM5 million bribe for a project worth just RM12 million . Worst still Hong Seng owned just about 50 per cent of the company.

BASICALLY, Kenny Khow Chuan Wah bribed in advance a government employee  RM5 million of the possible RM6 million the company would  rake in for the project.

THE said government employee also has direct financial  ties with Alan Goh' s money laundering and scam fronts.

WHEN it comes to money, nothing makes sence when the Corporate Mafia is on the opposite end of the table.

 TAKE for instance  how premium money from undisclosed sources came into Revenue Group Bhd  READ:  Attention, Shuhaily Mohd Zain, the Bukit Aman's Director of CID, more than RM62 million cash that makes no economic sence has flowed into Revenue Group. No one has challenged Francis Leong Seng Wui, who often claims to have people on his payroll.

LOOKING back, it seems the Corporate Mafia is much more than an extortion gang, a safer bet, could well, right in the front of our sights a NARCO group has PENETRATED the MAINSTREAM.

 

Fahmi Fadzil, and his MCMC Mentor Are Out of Their League..... it PORTRUDES.

NAIVETY is something I have chosen to omit, while studying from afar, how our Communication Minister  is approaching the deliquent ByteDance Ltd, which operates the social media Tik Tok App.

AN observation from a far, YES , i readily admit but afar hardly means that I am unschooled,  and out of touch on what has been taking place on the ground.

MAINLY on foreign soil, perhaps have given the minister and his advisors, a perspective of self importance, as Tik Tok Shop attempts to play an old record, that believe it or not READ : could have paid for our 2024 national budget in cash, with zero leverage plus an additional 36 per cent as loose change for next year.

NAIVETY, got ripped out of this conversation because of a personal bias, READ : which won't allow me to give the benefit of the doubt to a well to do person that had chosen to make the have nots a nationwide laughing stock.

HYPOCRITES READ : are hardly wide eyed people, as Fahmi Fadzil's attendance in Parliament as an opposition member, is too pathetic to even be called sorry.

MY accurate description on how Fahmi Fadzil and his mentor from MCMC,  actually boils down to two factors;  not grounded on a good university education, the exposure it brings to the table, plus  Fahmi Fadzil's attitude, which lean towards that of a man child.

I actually, feel deeply sorry for Fahmi Fadzil and his less ivy educated mentor from MCMC who actually believe the story in the press.  READ : Indonesia bans Tik Tok Shop, cites official reason due to predatatory pricing mechanism.

DOES Tik Tok practise PREDATORY pricing? I believe it does, but then again most internet based sales are driven by such instincts, and furthermore, Tik Tok didn't invent them and nor did they change any rules in the game.

INDONESIA merely wanted to show its displeasure, and the predator salesmen is merely a reasonable excuse to get its message across, despite the decision to do so will cripple the nation's own businesses that are booming from the Tik Tok bounce.

THERE are two core reasons why the Indonesian message is intended to shake ByteDance and to rattle Beijing, on the need for the ground rules to be re written. 

BYTEDANCE main universe is in Singapore, and the company's CEO too is a Singaporean. TIK Tok have mastered the art of keeping Singapore rulling Government legislators happy, while the likes of Indonesia and Malaysia via Fahmi Fadzil READ : is content in meeting up with Tik Tok, who behaves like a delinquent middle kingdom master, that will gladly control content for the Singaporeans but not for the Indonesians and Malaysians.

WORST still I believe that the Indonesians are on some type of a war path, having seen how Indonesian money turned Lazada and Shopee into global giants, with both the Chinese companies empowering Singapore to be centre of their universe.

TODAY, Singapore has already laid the tracks to beef up its reputation as the Silicon Valley of this continent, helped by the success of Lazada and Shopee, which transformed SEA Ltd, a Singapore entity listed on the New York Exchange into the most valuable stock of 2021, with a US$140 billion live valuation.

NO doubt, those medal of honours on the Singaporean chest, must have influenced ByteDance too, that the indigenous ethnic Malay population won't mind another slap in the face.

THANKFULLY it matters to Indonesia, something that is of little concern to the man child Fahmi Fadzil and his MCMC Mentor. 

AFTERALL, who cares for this tiny footnote in history. READ : The Record states, Lazada started in Malaysia, had higher sales made profits much quicker, than Singapore, but when it came to set up a regional headquarters, Malaysia did not put her foot down, and cause a tantrum to demand it's rightful place.

AS a result of not having that DIVA moment, today we have a man child who really believes the fuss about Tik Tok is about unfair pricing and not UNFAIRLY bestowed honour on a nation that had done so little but benefited the MOST!

Corporate Mafia; To Be Hunted like a Crocodile, Ravaged in the Corn!

THERE  shall be no shelter from this storm for Malaysia's Corporate Mafia, as not the knives are out for Victor Chin Boon Long , Francis Leong Seng Wui.

THE entire leadership is now on borrowed time. Roger Ng's return and I Serve On Line and My Airline folded,  made things worst for the Corporate Mafia.

THE main reason the Corporate Mafia today, no longer have powerful regulator friends or influence, with even KN Kenanga now thinking of ending relationship with them, is because Malaysia's number ten,  Anwar Ibrahim wants to clean up the nation.

THE  Prime Minister was brief specifically on Victor Chin Boon Long's activities, the strange money that flowed in into Revenue Group via READ: More than RM55 million of strange money flowed into Revenie Group, as the Pirates Of Bursa Malaysia,'s arrogance be littles the Unity Government .

THERE were two briefings to the Prime Minister on the activities of Leong Seng Wui and Chin Boon Long and the damage they doing to Malaysia's ESG ambitions.

THE inspector General of Police statement today, READ :The Equaliser has landed, targeting specifically Corporate scammers with make believe investment schemes.

OVER the past 692 days, the biggest investment plan that did not take off must surely be  READ : The RM8 billion small time investors lost in Hong Seng Consolidated after its plan billion ringgit Kedah dreams were found wanting.

THE entire exercise looks very odd, as READ  Hong Seng Consolidated lend money to two of CSH Alliance Bhd shareholders....

ALSO  Victor Chin Boon Long and Francis Leong Seng Wui deliberately withheld information that the Kedah rubber city project was off, in order to help PAS in the Kedah state elections. READ :Sanusi Md Nor was informed last year that Hong Seng Consolidated was a no go for the rubber city project.

HONG Seng Consolidated, I am afraid is not the only mess, of the Corporate Mafia , which had maimed retail investors.

THE larger silent killer, that has the potential to strip naked retail investors, could well be Green Packet Bhd.

CONSIDER the following, GREEN PACKET   READ :is expanding to West Asia, the company said in a statement. 

AS it is, Green Packet, currently earns RM751 million from abroad, and only RM22 million from its ventures inside Malaysia.l

YET, Green Packet's choice of auditor Cheng & Co is a puzzling one indeed, as the firm does not have offices outside of Malaysia, plus READ :National standards on auditing and related services published in many countries differ in form and content.

IRONICALLY, Cheng & Co I'd also the auditor of Revenue Group quit, under mysterious circumstances considering a detailed malpppinh on Revenue Group,'s current company secretary, will definitely  cause embarrassment to some very established number CRUNCHERl

PART 2 : All Roads Lead To .....

IF you are wondering, where the heck is the part 1 of this story. Well, read on to find out, for those without sharp memories.

SOMETHING,  actually two things I  stumbled upon Tik Tok  are the basis for the part 2 of the story. ViEW : The Madani story involving MY Airline and The RM50 million fine.

THE  second Tik Tok story was about VIEW : Anthony Loke leaving it to police to investigate if scammers own MyAirline .

IT is at this point that I am a bit disappointed with NST,  who had actually broke the MyAirline story, but did not go far enough to nail the story. 

NEWS Straits Times please ask yourself, the following question. On  the shareholders of MyAirline  READ : how come they were able to pay a RM50 million cash fine in November 2022 to Bank Negara Malaysia.

WHAT was so important for this fine to be paid immediately, when this money could have been easily used to rescue MyAirline today.

MORE importantly who is this Madani bugger? READ :  Mohamad Madani Sahari and MyAirline shareholders, Trillioncove Holdings Bhd in the dock?

THIS  is where, I suggest you REREAD : PART 1 : All Roads Lead To Victor Chin Boon Long.

READ especially the part involving Kenny Khow Chuan Wah giving a RM5 million bribe to Mohamad Madani Sahari on behalf of Aspire Knowledge Sdn Bhd.

THEN  follow the link in Part 1 of All Roads Lead To Victor Chin Boon Long to see, how after some meticulous investigations, I find out that Aspire Knowledge Sdn Bhd is owned by Hong Seng Consolidated 

KENNY Khow Chuan Wah, a former accountant with PriceWaterhouse , at that point of time was the Finance Director at Greenpacket as well as one of the directors from team Victor Chin Boon Long at Hong Seng Consolidated Bhd.

NOW, if the Police were to take up on Anthony Loke's suggestion for an investigation, all Roads will lead to ........ .hey why did I put Kenneth Vun Yun Liun's pix up there, ????,

WiseGuy inside The Corporate Mafia : Watching You, Watch My Airline

IT is either only the very lucky ones or the most unfortunate ones get to watch on real time how they will go down in life.

IT must be scarry for the known Corporate Mafia members such as Victor Chin Boon Long, Francis Leong Seng Wui  and Eddie Ng Chee Siong to watch how fast the demise of MyAirline has been, even to the extent READ : the white Knight has ran for life, and dump any plans to rescue the company

BUT why, have I included Eddie Ng Chee Siong into the list as a member of the Corporate Mafia and not as a collaborator?

WELL there is enough trail to pin point Eddie Ng Chee Siong in bed with the Corporate Mafia, years in advance of the takeover of Revenue Group.

AS a matter of fact even from the word IPO, the other major shareholders of the Revenue Group could have been set for a fall. READ : Who owned 4.2 per cent of Revenue Group to do an off market trade in 2018?

AND If you really wants to know, why the so called independent board at Revenue Group wanted to kick out the two dominant shareholders of the company,  how about an official reason VIEW :RM510,000 for non executive directors.

IT'S a known fact that the two dominant shareholders voted against the resolution and days latter, they were booted out of the board for doing so.

CAN Eddie Ng Chee Siong deny this?  Even if you can, considering what's taking place in MyAirline, will you, Eddie Ng Chee Siong? 

AND hey Victor Chin Boon Long, how about pushing up the Revenue shares up again to do the roll over that is destined to be another MyAirline in the making?

Malaysia lawan Thailand : Paddy Pound for Pound, who is the ultimate top dog in the world of PADDY?

SUGAR Ray Robinson, is a name most modern fight fans may have never heard off, is regarded by many as the greatest pound for pound boxer, the world has ever witnessed in action. 

YES, even far greater than Muhammad Ali. The recent rice drama in Malaysia, had many people demanding we learn from the Thailand and Indonesian experience.  READ : Mengapa Malaysia jarang terdapat sawah padi seperti yang ada di Indonesia dan Thailand?

SO let's look at it , pound for pound, Malaysia versus Thailand when it comes to paddy, who comes out tops and I will tell you, from whom we should be learning from instead.

BASED on 2021 figures, VIEW : Malaysia's paddy rice yield stood at 37,452 hg per ha, while Thailand's yield stood at VIEW : 29,867 hg per ha.

SO how come the Thai's are self sufficient, can even export rice to other countries but Malaysia is left holding the beggars bowl trying to get enough rice to feed us all?

ELEMENTARY , my dear reader. VIEW : In 2021, the total planted areas for paddy field in Malaysia was approximately 647.9 thousand hectares, while in Thailand READ : they have more than 11 million ha of land planted with paddy

NOW, Malaysia has about READ : some 160,000 abandoned paddy land, and so we can very easily reach 100 per cent self sufficiency if we stop banging our heads on restructuring every single aspect of the paddy chain from farmer to consumer, by merely making it commercially viable purely on demand and supply economics for the private sector to pump money into farming paddy.

AND who should we be learning from? Meet VIETNAM, which READ : According to the IMF in five years time will be in the top 20 list of the worlds largest economy

AND why should we be learning from Vietnam? Well consider the following READ : in 2021, Vietnam's paddy yield was 5.84 tonnes per ha, and this is coming from a country READ : that a had a per capita income of less than US$1000 for over 150 years to US$6000 by 2018, all achieved in a span of nearly 18 years.

YES, folks in this century, Vietnam had whipped our ass in not only grabbing SME investments from foreign nations that should have come to Malaysia,  but also in the harvesting of paddy.

AND where did Vietnam gain its initial knowledge in turning paddy into US dollars and at the same time being a vibrant SME nation?

MEET Taiwan , who happens to be READ : the second largest investor in Vietnam. 

HELLO Malaysia, the answers you seeking are starring right in front of your face, so free your mind and the rest will follow. VIEW : Taiwan's paddy yield per ha in 2021 was 69,675 per hg per ha.

CLEARLY, Taiwan has a Sugar Ray Robinson type problem, but that should not blind us to the fact pound for pound, that they are indeed among the best,if not the best in the world of PADDY.

The Return of Roger Ng, When The First Cut is Not the deepest!.

FAULTLINES from the return of Roger Ng, the ex man from Goldman Sachs, have deepend claiming yet another head in the process.

IT is hard to imagine. 'that a group" flushed somehow with money at the height of the Covid pandemic, and bold enough to make a statement of intent, by investing in a sector where most people were trying their  best to run away from.

MEET MyAirline, READ :  a new budget airline born out of crisis,with two of its major stakeholders involved in the money lending business.

AH Long, credit community folks, call them what you wish but the bottomline, remains the same; Nak Duit, Tapi Dapat BUNGA.

AS early as May 2021, I had raised the red flag on the then Prime Minister of Malaysia. READ : Muhyiddin Yassin, Don't Stand So Close To Me, As the Credit Community Folks alongside the friendly Pajak Gadai Shops are Covid 19 exemptions to operate.

IF you recall, I had previously given some insights on why these was an obsession to promote, sugar-coat and rebrand the Pakaj Gadai and Credit Community folks as the friend of the Rakyat. READ: The Goldman Sachs money in the hands of loan sharks, the Corporate Mafia and the proud owners of a new airline company.

TALKING about Airlines, it now seeks the once flushed with money, MyAirline READ : haven't been paying staff its salary on time. The CFO has raised the white flag, and now its junior shareholder cum CEO Rayner Teo, have decided to call it Quits For Health Reasons on The Day Roger Ng had touched down in good ole Malaysia.

NOT really big news, but this is a case where the first cut is not the deepest.

 I know it's not Friday yet, a day which I normally reserve to provide some insights for Victor Chin Boon Long to think about before going to sleep at his house, while is pal Francis Leong Seng Wui, as we all know,  sleeps in the office.

LITTLE boy and FAT Man, remember those names? Those were the nice names of thr A bomb that hit Japan. READ :BERSATU is finished, Cause Anwar Ibrahim has nuclear options