Corruption as distinct crime: The need to reconceptualise internal control on controlling bureaucratic occupational fraud Jake Ansell. (2021) Journal of Financial Crime
"Our worst enemies here are not the ignorant and simple, however cruel; our worst enemies are the intelligent and corrupt" ~ Graham Greene Book: https://amzn.to/3Vh632H The Human Factor by Graham Greene
In a separate issue, Saifuddin said the Ministry of Home Affairs (KDN) will examine documents related to the awarding of the National Integrated Immigration System (NIISe) contract before taking any further action.
He said he was given a briefing recently on the NIISe project where the contract was won by technology company Iris Corporation Bhd, which is alleged to have links to the son-in-law of former prime minister Tan Sri Muhyiddin Yassin.
According to Saifuddin, the briefing was to find out if the ‘corporate exercise’ involved complying with the terms of the contract that had been signed between the Iris subsidiary and the government.
On Feb 10, Iris Corp entered into a share sale agreement (SSA) with Tass Tech Technologies Sdn Bhd (Tass Tech) involving the disposal of 80% equity interest in its unit, Iris Information Technology Systems Sdn Bhd (IITS) for RM70 million in cash.
SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") PROPOSED SHARE CONSOLIDATION PASUKHAS GROUP BERHAD
Type Announcement Subject SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) Description PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY")
PROPOSED SHARE CONSOLIDATION On behalf of the Board of Pasukhas, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake a proposed consolidation of every 10 existing ordinary shares in Pasukhas (“Pasukhas Shares” or “Shares”) held by the shareholders on an entitlement date to be determined and announced later, into 1 Pasukhas Share (“Proposed Share Consolidation”).
Further details of the Proposed Share Consolidation are set out in the attachment below.
dulu sengaja issued banyak right issue @10sen.. ~RM100mil tunai.. selewengkan wang tu untuk membeli penny stock dalam sykt rugi related parties...
setiap tahun rugi malah hampir semua suku tahun.. sengaja biarkan harga syer jatuh rendah, kemudian kasi private placement kpd kroni pada harga rendah ~2sen... begitulah ... terbukti...
belilah stok big cap macam myeg........ market cap RM5bil++ tak boleh manipulasi macam pasukhas RM20-30mil market cap kerana dana dah diselewengkan dan asyik rugi... haha
RM7b projects under Jana Wibawa cancelled, says PM Julia Chan - 2h ago
1
KUALA LUMPUR, Feb 24 — To rid the country of any notion of corruption and pilferage, the government has cancelled RM7 billion in projects awarded directly under the Jana Wibawa scheme and will retender RM15 billion worth of flood mitigation projects.
“Government projects and acquisitions need to be open and transparent. We cannot be pilfering public funds and abusing the system using the direct negotiations method,” he said.
“After re-tendering the projects openly, the country can save up to RM3 billion. This savings can be redistributed into other public projects,” he said.
Related video: Probe into Muhyiddin’s role in Jana Wibawa on-going, says MACC (Dailymotion)
Anwar said that he wanted to clear the name of the country and prove that a Malay-Muslim person could be respected for his integrity and principles of fairness in the country.
Airasia Booking Online Ad Airpaz Airasia Booking Online “This unity government is proposing to table the Government Procurement Act again as soon as possible,” he said, adding that it was previously discussed in Parliament in 2019 but was postponed.
He said that government agencies like the Inland Revenue Board, Malaysian Anti-Corruption Commission and Royal Malaysia Police will be active in investigating any allegations of corruption including those mentioned in the Pandora Papers.
“The IRB will continue to investigate sudden wealth and windfalls to prevent the crime of corruption from spreading.
“The people are impatient for change, and I cannot wait to step into a renewed government management style that is fast, efficient and transparent,” he said.
To that end, he said that the government will enhance and table the Whistleblowers Protection Act this year to help erase fear and pressure on informers.
Cooking the books: The case of Malaysian listed companies Authors Fathilatul Zakimi Abdul Hamid, Rohami Shafie, Zaleha Othman, Wan Nordin Wan Hussin, Faudziah Hanim Fadzil Publication date 2013/10/1 Journal International Journal of Business and Social Science Volume 4 Issue 13 Publisher Centre for Promoting Ideas, USA Description Cooking the books refers to fraudulent accounting activities undertaken by a business to falsify its financial statements. Thus, the objectives of this study are to investigate what the cooking-the-books activities carried out by businesses consist of, how they conduct them, and what the impact is on the business and its shareholders. The case study sample companies are two Malaysian companies that had received various awards from reputable third-party organizations. On the other hand, the activities undertaken in both companies have caused them to be labelled as Malaysian mini Enrons. We employ a qualitative research methodology as most prior research employs a quantitative methodology to investigate the determinant factors in businesses’ cooking-the-book activities. The result of the study shows that the managers have used their positions, prior experience, and regulatory loopholes in their activities. Furthermore, the financial report restatement and higher reported earnings are the early warning signals of their activities. As a result of this, the Malaysian Securities Commission has revised the corporate governance code, and among others incorporated the Audit Oversight Board, known in the US as the Public Company Accounting Oversight Board. Total citations Cited by 28 20152016201720182019202020212022 Scholar articles Cooking the books: The case of Malaysian listed companies FZA Hamid, R Shafie, Z Othman, WNW Hussin… - International Journal of Business and Social Science, 2013
Esos beratus-ratus juta syer kpd pengarah2..lelong price :)
After accounting for the issuance of 496,426,000 Shares pursuant to the exercise of the ESOS Options from 1 January 2022 up to the LPD as follows: Listing date Number of Shares Exercise price (RM) 7 January 2022 16,000,000 0.0250 10 January 2022 8,000,000 0.0250 11 January 2022 8,000,000 0.0250 12 January 2022 8,000,000 0.0250 19 January 2022 36,000,000 0.0250 14 February 2022 25,000,000 0.0195 17 February 2022 25,000,000 0.0195 22 February 2022 50,000,000 0.0195 3 March 2022 21,000,000 0.0182 15 March 2022 50,000,000 0.0182 22 March 2022 60,500,000 0.0182 29 March 2022 71,000,000 0.0182 8 April 2022 28,022,300 0.0182 14 April 2022 69,156,700 0.0200 28 April 2022 20,747,000 0.0182
Pp lelong price kpd kroni, dilute existing shareholders kaw kaw, lepas tu beli banyak stok penny sykt rugi related parties hahaha
PASUKGB] Private Placement on 28-Dec-2021 Stock [PASUKGB]: PASUKHAS GROUP BERHAD Announcement Date 28-Dec-2021 Listing Date 29-Dec-2021 New Type/Class? No Type Private Placement Details PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF PASUKHAS GROUP BERHAD No. of shared issued 231,477,700 Issue Price Malaysian Ringgit (MYR) 0.019 Par Value 0.000 Total NOSH 1,388,866,524
Dah tahu pada permulaan, sengaja kan? Licik betul... Alasan kanak2
RATIONALE FOR THE PROPOSED SHARE CONSOLIDATION The Proposed Share Consolidation is part of the Company’s proactive capital management plan to improve the Company’s capital structure. As the Company has a large number of Shares in issue and a relatively low trading price range, the Board noted that a small movement in the Share price may result in high percentage movement in the Share price. The Proposed Share Consolidation would lead to a reduction in the number of Shares available in the market and may reduce the magnitude of fluctuation of the Company’s market capitalisation. Following the completion of the Proposed Share Consolidation, the theoretical market price of each Share will increase by 10 times and the total number of Shares in issue will be reduced by the corresponding ratio. Notwithstanding this, Shareholders should note that the Proposed Share Consolidation is not expected to alter the total value of the Consolidated Shares held by them.
After helping syndicate tricked small potatoes,,,,good123 now trying to plead innocent pulak,,,,,manyak pandai main wayang ooooooi,,,,kasi tangkap baik123 ni sekali,,,hahaha,,,,
Corruption and embezzlement appear to have become systemic to the point of damaging the Government's ability to govern effectively, tarnishing the country's reputation. As a result: o Malaysia’s Corruption Perception Index (CPI) 2022 ranking has plummeted to rank 61 when compared to rank 29 in 1998. Transparency International Malaysia attributed this decline to a failure in curbing political corruption. o The Auditor General's report for 2020 and 2021 recorded leakage of almost RM3 billion, which cover loss of public money, wastage, and irregular payments. For example, regarding the under-collection of import duties for vehicles, the Government suffered a loss of RM72 million due to weak duty import collection processes. o In addition, there exists leakages in the diesel subsidy implementation with almost RM10 billion worth of diesel subsidy estimated to be misappropriated last year. o These are proofs of the various transgressions that have badly impacted the country. They must be stopped if we want this country to stride forward with strength and glory. We are the ones who determine whether the country’s future will stagnate, surge, or subjugate.
Dana dah diselewengkan,selepas konsolidasi syer, pp kpd kroni ataupun right issue kot? Roger roger :)
0177 PASUKGB PASUKHAS GROUP BERHAD SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY")PROPOSED SHARE CONSOLIDATION You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
no surprise as cash almost utilized in loss in quotes shared and investment in pass 2 years....more company will follow the step for print new money to sustain the salary of them...:)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nightmare007
454 posts
Posted by nightmare007 > 2023-02-20 22:02 | Report Abuse
Apa yang kau tak tahu, semua kau tahu, sebab itu kau beli harga 0.07 dan kerugian :)))) hahahah
Good123
Selepas chartered accountant cabut aku dah tahu mesti ada sesuatu yg tak syiok dalam sykt... Terbukti kan? :)