The new company gets it la.

the spinoffs or the related ones or something. if you see in flyingspaghettimonster forum can read all about it. don't really remember the name though

mahathir is just the guy they called to officiate the company/event. several VVIPs were paid/given incentives to attend the event as well, like rosmah. u think someone as rich as rosmah would care about a 2-bit company like this?


FYI this is standard procedure. you call up important people to be in your event, and they will come as long as a) there's money involved, or b) they have vested interest in the event/company or c) it helps with their political/popularity mileage.

Not exactly. BNM have the right to prevent any organization (with the help of various authorities like polis, SSM, etc) from continuing its activities that BNM "thinks" violates any financial regulation.

And that organization have the right to appeal (which genneva did not) or saman BNM in the court to PROVE that the said action was wrong.


the reasoning for this is, if you leave deposit-taking unregulated, any pakcik kedai kopi can take people's money and do whatever he wants without proving to anybody.


What I really don't understand from this whole mess is, why wasn't there suspicion by the "investors" when they deal with a company named geNNeva, and not geneva (the swiss location)? Surely by looking at the name itself you have to have AT LEAST a slight doubt that it's trying to associate itself with switzerland?

well at least now we know that AT LEAST 50,000 malaysians fail to understand obvious retarded difference. Probably these are the same people who would click on fake urls like googggle.com instead of google.com

This post has been edited by C-Fu: Oct 11 2012, 12:42 AM