Thread: BNM invetsigations time frame

I played around on the BNM web site >press statements as far back as 2000.
A lot of companies have been raided for acting as banks and taking illegal deposits in the promise of unbelievable returns.I was trying to figure the average time frame of a bnm investigation.Some of the companies raided as far back as 2003 are still under the scrutiny of BNM.Need help in digging good info.I have even seen a press release by Bnm of a company raided but still obligated to the repay its investors "their promissed returns or deposits" as its the law overthere.
some feed back appreciated

Sorry, kalpota... I won't be the one to help you... although it's an interesting idea to know how similar (!) cases were handled in the past, I'm afraid it might be difficult to be sure you take into account all variable & determining factors... so it will still be a wild guess.

Bang jangan mimpi nak dapat balik duit tu semua dah hancur dekat bank negara. Lupakan saja niat nak dapat duit anggapkan ia wakaf

Thanks Wmj2442, any chance of a translation ?

I'll translate it into australian for you. The bank has got more money than you and if they want to investigate for another 6 months they will. If you want to check past investigations, please learn Malay.

It may not be an exact translation, but as good as I can do.

Originally Posted by jolasers

I'll translate it into australian for you. The bank has got more money than you and if they want to investigate for another 6 months they will. If you want to check past investigations, please learn Malay.

It may not be an exact translation, but as good as I can do.

Very near the truth that

Thanks mate

Afraid they can ake as long as they want on this. Why should they hurry? You really think they care about members of 1 Company they're investigating? Dream on.

I wouldn't be surprised if we're still in this position in another 6 months.

Originally Posted by wmj2442

Bang jangan mimpi nak dapat balik duit tu semua dah hancur dekat bank negara. Lupakan saja niat nak dapat duit anggapkan ia wakaf

Brother, don't dream of getting any money back, the bank has seized it. Forget about any intention of getting it back, consider it a donation/tithes/charity?

Thats a nearer translation.


ThtBat$ has no comment... just a service.

Not wishing to rock the boat because I AM a BM supporter.

I just wondered what has happened to his Malaysian royal family connections, I thought they were pretty keen supporters of BM and pips at one time - I wonder whats happed there.

Central banks worldwide are owned by the richest families. They are thus privately held and controlled, none of them is "federal". They control the worldwide monetary and currency markets and all stock exchanges. They control the real estate market and everything else you live on. As we use THEIR fiat money which is backed by nothing - thus worthless - they decide what you may do with it and what not, directly and indirectly.

If you have bought a house and think it is really yours then you have been awesomely fooled. The property you "bought" from your government in reality doesn't belong to the "government" but the powers to be behind, those richest families, cartels, the british crown, vatican etc. The property is not owned by your government, it has only a right to use but NOT to sell. But they do it nonetheless, by disguising the forwarding of the right of use to you as a "sale". You don't own it and don't know it. It's another big scam similar to the fiat currency scam and the social insurance scam. (which is a ponzi btw.)

ok, that was a bit offtopic, sorry.

Releasing the funds to the investors or releasing PIPS would be admitting that such high yield investments exist to the public. And what do you think now BNM will do?