Bona fide Journalism comes to Serba Dinamik’s aid

By Pearlwhite 16^th June 2022 9.09AM

For the past year much have been written about Serba Dinamik.  Suffice to say, what was written does not commensurate with the eventuality.

For example, the narrative of Financial Fraud and Trangressions (FAFT) committed by Serba Dinamik didn’t not lead to the eventual prosecution of the perpetrators, but it did lead to the Malaysian Anti-Corruption Commission (MACC), the prosecution themselves, to drop the case with the reason of weak evidence.  What was more intriguing, was that the regulators that were involved in Serba Dinamik’s claims of FAFT, vacated their seats from the regulatory body.

Another example was when Serba Dinamik announced on 25^th May 2021 of being informed by the external auditors on some matters pertaining to statutory audit, and that Serba Dinamik was in the midst of appointing an independent firm to commence a special independent review (SIR) to assess the veracity and accuracy of the matters, the a particular media company had already implied that Serba Dinamik was at fault, before the SIR began, was in progress up to until its unresolved disputed release.

This was deliberate manipulation with malice.

When manipulation with malice leads to contempt for Serba Dinamik, it will invariably suffer negative publicity and reputational loss.  Such contempt continues to be evidenced with endless cycle of

1. Spreading of misinformation for contempt for Serba Dinamik
2. A myriad of unsubstantiated allegations of FAFT on Serba Dinamik
3. Insinuation that the Board and Management of Serba Dinamik were deceptive, malicious and were due for incarceration
4. Insinuation that Serba Dinamik will not continue as a going concern
5. Seeking to harm, intimidate, or coerce those who wish to engage to eliminate confusion and/or seek clarity and
6. Seeking to harm, intimidate, or coerce those who wish to those who provided facts, reason, methods and evidence contrary to unsubstantiated allegations of FAFT. 

The abuse of qualified privilege was further aggravated when a particular media company made a conviction to decide the direction that Serba Dinamik should take and dictate how the capital market should function with respect of the SIR.

Suffice to say, enough is enough, and journalist themselves are fed up.

On 29^th May 2022, at an event held in Melaka organised by the Malaysian News Event Agency (Bernama), a historic Melaka Declaration was signed where major media companies pledged to see into fruition the National Association of Journalist, a place where bona fide journalism shall thrive.

Gone will be the days of media manipulation.

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It is not recommend that consultations be made with Certified Financial Analyst, Brokers, Traders and/or MBA/MA Finance Graduates as they are deemed not to have the necessary competency and skills to evaluate and advise on such matters discussed in the article.