BSM will not and cannot take any action - it's part of the UMNOputras outfit!!
So, it shall again be 'those suckers that got in and got burnt' who will bear the consequence of the scam.
For all we know, Vincent & his cahoots must have made tons selling when the shares hit the high & buying when it went down yesterday!
You animals never go to skool izit?
Hisaputing PM, or Jibby PM now?
Some more dare to say
"The betting licence was approved a long time ago but it was made to look like it was only recently approved."
This means that you are openly telling the entire world that you are LYING !!!
Malaysia does NOT need a Government who lies even on simple things !!
Go screw yourself, or Saiful, or Jibby, or some HIV +ve monkey for all I care !!
Just DIE !!! Go jump off the 14th floor or something
On 12 May 2010, Berjaya Corp, a company owned by Vincent Tan, was alleged to have told Bursa Malaysia that it plans to purchase a controlling stake in Ascot Sports, which has been re-issued a conditional sports betting licence by the Finance Ministry. Well, that is what Vincent Tan alleged. However, if you look at this link, you will see that no such announcement was ever made.
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/
Next, look at the chart below. See how many shares were transacted after Berjaya’s so-called 12 May 2001 ‘announcement’ to Bursa Malaysia. On 13 May 2010, the ‘May 13’ I am talking about, the share price jumped. The turnover also shot up.
How many suckers went in and got burnt? And all because of Vincent Tan’s ‘official announcement’ to Bursa Malaysia that was never made but merely ‘confirmed’ in a press conference.
If what Vincent Tan did is not a scam then I am still a virgin. And we all know I am no longer a virgin.
So there your are! That is my article for today. That is all I want to say. And Bursa Malaysia says Vincent Tan is a clean as a whistle.
BERJAYA CORPORATION BERHAD
Home Minister Datuk Seri Hishammuddin Tun Hussein urged state governments to stop speculation and work with the Home Ministry to tackle the football betting issue.
"Rather than making noise from the outside, state governments can offer their suggestions and ideas to overcome this black economy.
"The betting licence was approved a long time ago but it was made to look like it was only recently approved."
“They have also painted a negative picture saying the government encourages gambling," he told reporters after receiving a delegation from United Nation's (UN) Working Group on Arbitrary Detention (WGAD) led by El Hadji Maliek Sow from Senegal, at his office in Parliament here Monday.
“People must understand that the licence was issued a long time ago and the Home Ministry is doing all it can to tackle the problem."
“One of the initiatives was to ask Bukit Aman CID Director Datuk Seri Mohd Bakri Zinin and Commercial Crimes Investigations Director Datuk Koh Hong Sun to set up a special task force."
"The issue is closely related to black economy involving an estimated RM10bil and related to illegal activities like human trafficking, illegal money laundering or Ah Long," he said.
“So, apart from us increasing surveillance, monitoring and preventive measures, the state governments must also support such efforts by coming out with recommendations to overcome the issue,” he said.
Asked if the government would be required to compensate those involved if the licence was withdrawn, Hishammuddin said: "The question of compensation does not arise as the licence was issued a long time ago."
The issue of legalising football betting hit a brick wall when Selangor, Penang and Kedah refused to allow such activities in their states although Ascot Sports was issued a sports-betting licence by the government.