Any Malaysian Call by BNM for Investigation ??

[wisdom]

Could any Malaysian enlighten the rest of us ??? What are the questions been asked ???

Thanks,
Wisdom

[JPM001]

If any of you need to know, send me a PM

[jakvp]

This is what I got from a Malaysian friend whom I introduced into PIPS :

Regarding the PIPS, i was called for helping the BNM investigation this morning. BNM is currently conducted nation-wide investigation & i suppose all Malaysian who are PIPS investors involved. BNM basically would like to know what are the investors' understanding concerning the PIPS & PICPAY. There were totally 3 pages of questions, quite brief, eg - how many account you have, what you know about PIPS, how to register & some other very basic questions....). According to them, BNM has to intervene because some Malaysians lodged a complaint on not receiving dividend or very late payment from PIPS. BNM wish to wrap up the whole issue hopefully by the end of this year, but they did not PROMISE anything concrete. Well, this is so far for PIPS. If PIPS is found guilty, then, there may be a Court case & we as the witness may be needed to present at the Court - hopefully this is not the CASE !!!!

That's all I got for the moment

take care

Jakvp

[navinmudi]

thanks for your info

[Dreamer]

This is what I got from a Malaysian friend whom I introduced into PIPS :

Regarding the PIPS, i was called for helping the BNM investigation this morning. BNM is currently conducted nation-wide investigation & i suppose all Malaysian who are PIPS investors involved. BNM basically would like to know what are the investors' understanding concerning the PIPS & PICPAY. There were totally 3 pages of questions, quite brief, eg - how many account you have, what you know about PIPS, how to register & some other very basic questions....). According to them, BNM has to intervene because some Malaysians lodged a complaint on not receiving dividend or very late payment from PIPS. BNM wish to wrap up the whole issue hopefully by the end of this year, but they did not PROMISE anything concrete. Well, this is so far for PIPS. If PIPS is found guilty, then, there may be a Court case & we as the witness may be needed to present at the Court - hopefully this is not the CASE !!!!

That's all I got for the moment

take care

Jakvp

Seems BNM are still not finished gathering information/evidence.

Long wait ahead by the looks of it

Think I will check back in at Xmas