Thread: News not good in Norwegian

Bburgess wrote:
"just like the Swwdish embassy connection is unconfirmed and probably unreliable."

It is the ONLY one Embassy contact confirmed...

Largo

This should nevertheless weigh up against the indication that the Malaysian authorities did not confiscate any bigger assets belonging to Marsden.

So, the rest of the money is in Panama?

BNM have stated they are not allowed by LAW to reveal any specific details of any findings in the investigation prior to an official public statement by the authority.
Well in my humble opinion, revealing that PIPS doesn’t have the funds to pay the members constitutes revealing a specific detail and very significant one!
Also I am certain we are still in the prior stage of any official public statement. Therefore if the claim is in fact true, then BNM have clearly broken the law. I wonder what they would say in response to pointing that out to them? Actually I think I know what they would say; Don’t believe all that caca poo poo in Internet forums, or something to that effect.

Chester wrote:
"Don’t believe all that caca poo poo in Internet forums, or something to that effect."

Right on Chester...right on...

Largo

Maybe you dont want to belief me , but the letter is real !

I deleted the rest of your post...Do not resort to name-calling because someone disagrees with your information. Be courteous and continue to believe what you want...Everwiser

Do people actually believe that when the investigation is over there is going to be good news, i doubt it.

Maybe some good news if Bryan has some money , or Picpay was backed by Gold or Bryan has some money that are not taken by BNM .

I think some of us have lost the plot. If the bank of BNM had only seized the funds in Picpay within there own country. The bulk of PIP's funds in the excess $1billion are still being invested in Offshore funds. Which they were unable to seize as they are in "ie Panama" and these funds are still being invested there would be more than enough to go around for all of us, as nobody has received any draw-downs there has been no outgoing business expenses being paid for overheads ie Staff wages and business expenses. Think of all the savings that this has made.

Originally Posted by Sportingmike

I think some of us have lost the plot. If the bank of BNM had only seized the funds in Picpay within there own country. The bulk of PIP's funds in the excess $1billion are still being invested in Offshore funds. Which they were unable to seize as they are in "ie Panama" and these funds are still being invested there would be more than enough to go around for all of us, as nobody has received any draw-downs there has been no outgoing business expenses being paid for overheads ie Staff wages and business expenses. Think of all the savings that this has made.

You got a point.

Bryan, give us some comments on this issue.