Previous investigation paper 7 June 2018:

Part 1: Protasco's RM66mil Missing Cash & BN's Najib bin Razak RM110mil Cash raid bizarre deal exposed? Bigger cover up to reveal? - Insider Leak

reference: https://klse.i3investor.com/blogs/graftgreed/160510.jsp

Serial Traitor Caught On Camera (again)!

10 June 2018, Kajang, Malaysia - Exactly as per leaked by Pakatan Harapan's special task force intelligence in tracking down Najib's former government political & monetary strong-hold supporters, the 100% government contract looter Protasco Bhd led by Dato Seri Chong Ket Pen has been busy taking down Najib's photos and buy all the way up to PKR Anwar's camp, as well as PPB Tun Mahathir cables post-election, seeking an audience to white-wash his (suspected sinful) deed during Najib Razak's era.

Tabung Harapan organized by Pakatan Harapan (PH) becomes a perfect channel for Chong Ket Pen to white-waste his close tie with former Prime Minister Dato Sri Najib Razak, and once again "betrays" Najib's Barisan Nasional and kiss Pakatan Harapan's Tun Mahathir toe.

Self-Confess without being pressed?

Fresh! 9 June 2018 Father & son show up on RTM1 as predicted!

Media perceived the handsome Protasco Bhd's Dato Seri Chong Ket Pen (aka  "frog-prince") immediately ditches his ex-"selfie buddy" Najib Razak and has been busy trying to date PKR Anwar Ibrahim and found his audience with PH's Tun Mahathir through a "donation media spin" using Protasco's (sinful) money. 

Fraud cum Frog-Prince "Mati-Katak" faith gets away?

Chong Ket Pen, a suspected fraud, was made known to newspaper and bankers as the potential "traitor" to Protasco's former beneficial owner Tun Daim's associates. Tun Daim is a close ally to Tun Mahathir. Chong was recalled being "fired by Tun Daim" on 25 June 2012 in Protasco Bhd, and Chong later cheated investors as his alibi to steal Protasco from the owners and he self-claim ownership through a September-November 2014 "blame game" drama. Chong further ditched 2 investors and claim his throne as "owner" of Protasco Bhd.

The stealth control of Protasco Bhd not only caused Protasco Bhd to loss Tun Daim's political tie "privilege", Chong has to ditch Tun Daim to show loyalty to (former) Prime Minister Najib Razak. During the year 2014-2018, Chong was not only busy raking in money for himself through series of salaries, fees, and dividend scheme to enrich himself, he also busy buying political links to rake in contracts from Najib's cronies.

(reference: " Protasco Bhd's ED Chong salary up 400% to RM4m/FY16 vs RM1m/FY13, cash plunged RM280m to RM6m. How?" https://klse.i3investor.com/blogs/truebackground/131967.jsp, " Protasco Bhd dividend in-a-rush on January 2018, a practice of self-cannibal? BizSchool explained. " http://klse.i3investor.com/blogs/bursacannibal/141944.jsp )

Chong "selfie" session with Najib Razak by showing his loyalty through Najib's PPA1M civil servant housing project, together with series of dubious "money trail arrangement" successful earned him the Federal Road Maintenance contracts on 4 April 2018. The missing money trail of RM66 million cash off Protasco bhd's balance sheet (evidence from Protasco 1st quarter 2018 Bursa report), followed by the discovery of RM110 million cash found in premises believed to be linked to former Prime Minister's family, is so bizarre that relevant authorities can't resist probing the obvious tie between Chong and Najib looking at the short period of March 2018 - May 2018 money trail "coincidences". 

To show his loyalty to Najib and thanks to the JKR-Najib government contract deal awarded by Najib, Protasco Bhd has splashed media money and organized Pro-Barisan Nasional political campaign to celebrate & promote Najib's success in PPA1M project. PDRM was fooled and used as political campaign tool during the 5 May 2018 Protasco-Najib-PPA1M campaign.

(references: "Protasco Bhd's PPA1M-POLIS GE14 Pro-Barisan National ShowBiz a blessing or curse of Kleptocracy? What might happen after GE`14? " https://klse.i3investor.com/blogs/bursacannibal/155963.jsp )

RM500,000 token for RM2-3 billion dubious contracts cover up?

The pro-Najib's political campaign during 5 May 2018, which tried to pull PDRM IGP Tan Sri Mohd Fuzi to lure policemen votes would have spent the same amount of money Chong Ket Pen got his TV session with Tun Mahathir's Tabung Harapan. Chong's attempt tried to white-wash his dirty deals with Najib by (once again) show his loyalty to PH in hope to divert the attention of relevant authorities on Protasco Bhd's dubious Federal Road Maintenance contract and missing profit margins from Protasco's balance sheet would be a real test for 93 years-old Tun Mahathir's ex-government cronies busting manifesto. "Who cares? Let them unveil themselves. The closer they tried to show-good, the more suspicious they are.", claims a PH senior member knowing the matters.

Continue Raking in the dough & Get Away?

At the moment, the frog-prince (Dato Seri Chong Ket Pen) and his little frog-child (Dato Kenny Chong Ther Nen) thought they can get away with the show-good media stunt. Tun Mahathir is no angel, nor easy being fooled. The Jabatan Kerja-Raya (Malaysian Public Works Department) national road contracts are one of the main budget money-spin taking Malaysian money in billions each year.

The unusual JKR corruption circles with questionable contract award process, high contract margin and money channel away from government's coffer is bigger than Toll-road subsidies. What would Tun Mahathir's PH do with these "big elephants" inside the room?

Insider Leak - JKR/Ikram/Roadcare/Protasco/PMO

10 June 2018

Next Chapters.

What Protasco Bhd's directors and senior staff said about Chong Ket Pen, Najib Razak, PPA1M, and 1MDB?

Why Protasco Bhd's Chong Ket Pen busy "taking down" Najib's photos and find ways to get close to Anwar Ibrahim and Tun Mahathir?

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orignal : https://catchbigrat.wordpress.com/2018/06/10/part2-protascos-rm66mil-najibs-rm110mil-1-mdb-jkr-money-spin-rm500k-token-to-tun-mahathirs-tabung-harapan-cleans-chongs-najib-tie-insider-leak/