Thread: What then after the Investigation ?

Bank of N have officially posted which is good news, and advised us of an investigation.
My concern is that after all this and Pips/us , wins loses or draws , what happens to the billion dollars . Are the funds held in the Bank , and if they are that is a lot of daily interest it is making with our money , so why would they want to hurry the audit .
I pray we have a good team fighting for us and the future of the company .
Keep the pressure on , there is a lot of money at stake here .

gins has been put on hold by the courts again and again. the latest update; more (intentional) delays. it really does'nt look good.
possibly, some folks (higher up in whatever hierarchy) just don't want this stuff.

Yes!!! it's B$ offshore, but only a small fraction, maybe M$ is within the country frozen in banks. Relax and re-read Nairs and Nelsonlee for more info. For as long as there's voices of Bryan, there's hope that Pips will be back as quoted by him personally. At the meantime....,just pray and support him with all our positive posts.

Thanks for the reply . Now that Brian has posted , I feel a lot more confidant.

lutwyche,

BNM is the Central bank of Malaysia, a government body and not a normal commercial bank. Money are held in normal commercial banks, not in BNM, and BNM has the authority to freeze the bank accounts, meaning the bank accounts cannot be operated during the investigation period. I suppose the money if put in interests bearing accounts will continue to accrue interests during the frozen period.

It is good to hear BM has posted and BNM has also posted. We are hearing some official news now. Stay calm. United we stand.

unclerol

Originally Posted by EmperorHo

Yes!!! it's B$ offshore, but only a small fraction, maybe M$ is within the country frozen in banks. Relax and re-read Nairs and Nelsonlee for more info. For as long as there's voices of Bryan, there's hope that Pips will be back as quoted by him personally. At the meantime....,just pray and support him with all our positive posts.

I can't find Nairs forum! Has it been moved?

Where are the links of BM and BNM posts?

nair move to aus pips due to having different idea with the admin.

Bryan's post is in the members section and the BNM post can be found on their web site, just use a search engine to go there, or you can just look further down in the message area and see where it has a message about the bank posting.

cheers guys