MY EXCHANGE LINK FOTO

As a temporary until I got fresh ideas...

Sorry fellas..

Any suggestion are mostly welcome.

BNM Raid Asia Ceramic Marketing Sdn Bhd

BNM raids Asia Ceramic Marketing premises

KUALA LUMPUR (July 23, 2009): Bank Negara Malaysia (BNM) has raided Asia Ceramic Marketing Sdn Bhd's premises here following complaints received from members of the public.

The central bank said in a statement today that it was investigating the company under Section 25(1) Banking and Financial Institutions Act 1989 (Bafia) and Section 4 (1) of Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (Amlatfa).

Section 25(1) of Bafia 1989 prohibits any person from receiving, taking, or accepting deposits without a valid licence while Section 4(1) of Amlatfa 2001 prohibits any person from engaging in, or attempting to engage in, or abetting the commission of money laundering activities.
"Relevant assets and documents of the company were seized for the purpose of investigation," BNM said.

It also reminded the public to be cautious of deposit taking and investment schemes offered through various channels such as the internet, phone calls or seminars conducted by individuals or companies not licensed or approved by the relevant authorities.

The public may refer to the list of licensed institutions authorised to accept deposits which is available on BNM's website at www.bnm.gov.my .

-- Bernama

BNM Raid 2 Co...

BNM Investigates Two Companies
By: Ramjit-->July 21, 2009 18:44 PM


KUALA LUMPUR, July 21 (Bernama) -- Bank Negara Malaysia has commenced investigations into two companies, Genneva Sdn Bhd and Etika Emas Estet Sdn Bhd.

The companies are being investigated on suspicion of conducting illegal deposit taking activities in breach of subsection 25(1) of the Banking and Financial Institutions Act 1989 (BAFIA).The raids on the Klang Valley-based Genneva Sdn Bhd and Etika Emas Estet Sdn Bhd were conducted Tuesday, following information received from members of the public, the central bank said in a statement here.

Bank Negara said members of the public are reminded to be cautious of deposit and investment schemes, offered through various channels such as the internet, phone calls, or seminars, conducted by individuals or companies that are not licensed or approved by the relevant authorities.

Members of the public may refer to the list of licensed institutions authorised to accept deposits, available on Bank Negara's website, www.bnm.gov.my.Members of the public may also contact Bank Negara at BNMTELELINK (Customer Service Call Centre) Tel: 1-300-88-5465, Fax: 03-21741515 or e-mail: bnmtelelink@bnm.gov.my, for further enquiries.

-- BERNAMA

FX Capital Director Charged

Woman faces trial over RM5m
The nst 2009/07/17

KUALA LUMPUR: A businesswoman claimed trial to three counts of money-laundering involving some RM5 million at the Sessions Court yesterday.

Raja Noor Asma Raja Harun, 47, the director of a trading company, FX Capitals Consultants Sdn Bhd, was charged with having in her possession the proceeds from unlawful activities at three different banks.

Raja Noor Asma allegedly had in her possession RM2 million in a client's account under the company at the RHB Investment Bank Bhd in Jalan Tun Razak and RM3.3 million at Kenanga Deutsche Futures Sdn Bhd in Jalan Sultan Ismail.

On the third charge, she was accused of possessing RM15,901.93 in a savings account at the CIMB Bank Bhd in Pandan Jaya.

The offences were allegedly committed on May 9, last year. This was the second time Raja Noor Asma was hauled to court.

Last December, she was charged by the Securities Commission with four counts of cheating and operating an investment scheme involving RM100 million without a valid licence between Feb 5, 2007, and May 9, 2008.

She also faced an alternative charge of cheating clients by operating a scheme dealing in futures contracts without a valid licence.

Raja Noor Asma was released on RM300,000 bail.The court also fixed five days for trial beginning Jan 25, next year.

In yesterday's case, DPP G. Jaya Prem proposed bail at RM1 million in one surety.

Raja Noor Asma's counsel Datuk Muhammad Shafee Abdullah, in pleading for lower amount, said the three charges she faced yesterday was related to her earlier charges.

He applied that the previous bail sum be utilised for this case as well. Judge Rozana Ali Yusoff allowed Shafee's application. She set Sept 10 for mention.

Raja Noor Asma is also expected to face 47 charges under the same Act in the Shah Alam Sessions Court soon.

Note: My friend and his group had invested in the company's CPO trading, futures and options... started in Q407 but the co busted by BNM and SC by Q208... and charges with more than 50 offences...

Another Joke

1. Catch The Rabbit

The Los Angeles Police Department (LAPD), The FBI, and the CIA are all trying to prove that they are the best at apprehending criminals. The President decides to give them a test. He releases a rabbit into a forest and each of them has to catch it.

The CIA goes in. They place animal informants throughout the forest. They question all plant and mineral witnesses. After three months of extensive investigations they conclude that rabbits do not exist.

The FBI goes in. After two weeks with no leads they burn the forest, killing everything in it, including the rabbit, and they make no apologies. The rabbit had it coming.

The LAPD goes in. They come out two hours later with a badly beaten bear. The bear is yelling: "Okay! Okay! I'm a rabbit! I'm a rabbit!"

2. Survivor

The rescue team finds the crashed airplane. The lone survivor is chewing on a bone, with a huge pile of human bones next to him, and the rescuers are shocked. He says, "You can't judge me for this. I had to survive." The leader of the rescue team says, "But, man... your plane only went down yesterday."

3. Twin

One sunny day in Ireland, two men were sitting in a pub, drinking some Guinness, when one turns to the other and says "You see that man over there? He looks just like me! I think I'm gonna go over there and talk to him." So, he goes over to the man and taps him on the shoulder. "Excuse me sir," he starts, "but I noticed you look just like me!" The second man turns around and says "Yeah, I noticed the same thing, where you from?", "I'm from Dublin",

Second man stunned says, "Me too! What street do you live on?", "McCarthy street", second man replies, "Me too! What number is it?", the first man announces, "162", second man shocked says, "Me too! What are your parents names?", first man replies, "Connor and Shannon", second man awestruck says, "Mine too! This is unbelievable!"

So, they buy some more Guinness and they're talking some more when the bartenders change shifts. The new bartender comes in and goes up to the other bartender and asks "What's new today?" "Oh, the Murphy twins are drunk again."

ANGKASA... ANGKASA WHAT?

Something is rotten in Angkasa

Angkasa - the National Cooperative Organisation of Malaysia - should put its house in order, before raising uncalled-for arguments to hide its shortcomings. Likewise its veiled threats have to stop.

Angkasa has not consulted the views of the cooperatives at large on the major amendments to the Cooperative Act 1993 and the implementation of the Cooperative Commission Act. It is a blatant abuse of their representation to the government.

They have created chaos in the cooperative movement, which consists of over 6,000 cooperatives with a membership of over 6 million members, or about 15 million if family members are included. This has led to these organisations to seek legal recourse.

Angkasa must realise that its carelessness in handling the issue has triggered a constitutional matter. Blaming Royal Professor Ungku Aziz and shifting blame for the mistake is unethical. Lessons have to be learned that whatever decisions taken is a collective responsibility of all the board members.

It is a well-known fact that contracts were awarded to a company which has self-interest in the project, and the contracts were approved without costing. This is totally unacceptable. Even the Cooperative Development Department, when informed of this negligence, swept it under the carpet.

The investigated shortcomings in Angkasa highlighted by the then director-general of the Cooperative Development Department bears testimony of its mismanagement. It is hoped that the Malaysian Anti-Corruption Commission would expedite its investigation and bring the matter to rest.

The Angkasa directors should be suspended immediately and a director of operations be appointed to resuscitate the ailing cooperative sector.

Malaysiakini: Jul 13, 09 4:15pm

For Sale

Ring.. Rinng.. Rinnggg...

Honda Stream 1.8A year 2008..

Mileage 25k km.

Sunroof.

Custom-fitted leather seat.

Full bodykit.

Clean Interior.

Lady owner.

Price RM138,000
->>> RM135,888
->>> RM130,888
->>> RM128,000.00 last call.