What do you think of the Corporate Mafia accusations being viral around. MACC at the thick if the action. It is quite interesting and very damning on MACC. At a time when MACC has to keep their reputation stellar for the prosecution of high profile personalities to come.
Caely, MACC freezing and unfreezing bank accounts depending on which shareholders are in charge. Revenue, MACC is filing charges against 2 founders for disposing of a motor vehicle without a directors’ resolution. 5 years ago!!!
GIIB, 2 directors are being charged for allegedly making fraudulent documents for the sale of idle machinery. Transactions which the statutory auditors had cleared in audits over 2 financial periods. And where a special forensic audit was carried out with the scope of the audit agreed to by Bursa and the forensic auditors had cleared yhe transactions which were the subject matter of the charge.
And many more accusations.
Question is why is the MACC involved in filing charges for these trivial matters when they have bigger CORRUPTION issues on their hands? I may be simplistic in thinking but I would think these are more appropriate for Bukit Aman Commercial Crime, Securities Commission (SC) or Bursa. But MACC??!!! But optics and bad narratives may derail PMX efforts to go hard on corruption when the very enforcement body for corruption matters are more preoccupied with trivial corporate matters narrated to come under their jurisdiction.
I would love to see your comments sir as I may be missing the elephant in the room. Thank you
Blog: PM Anwar‘s performance is unprecedented - Koon Yew Yin
2023-04-06 23:39 | Report Abuse
What do you think of the Corporate Mafia accusations being viral around. MACC at the thick if the action. It is quite interesting and very damning on MACC. At a time when MACC has to keep their reputation stellar for the prosecution of high profile personalities to come.
Caely, MACC freezing and unfreezing bank accounts depending on which shareholders are in charge.
Revenue, MACC is filing charges against 2 founders for disposing of a motor vehicle without a directors’ resolution. 5 years ago!!!
GIIB, 2 directors are being charged for allegedly making fraudulent documents for the sale of idle machinery. Transactions which the statutory auditors had cleared in audits over 2 financial periods. And where a special forensic audit was carried out with the scope of the audit agreed to by Bursa and the forensic auditors had cleared yhe transactions which were the subject matter of the charge.
And many more accusations.
Question is why is the MACC involved in filing charges for these trivial matters when they have bigger CORRUPTION issues on their hands? I may be simplistic in thinking but I would think these are more appropriate for Bukit Aman Commercial Crime, Securities Commission (SC) or Bursa. But MACC??!!! But optics and bad narratives may derail PMX efforts to go hard on corruption when the very enforcement body for corruption matters are more preoccupied with trivial corporate matters narrated to come under their jurisdiction.
I would love to see your comments sir as I may be missing the elephant in the room. Thank you