Action against Moneychangers – Turf War

Being circulating in the internet are the following assertions:

Syed Akbar Ali is one of the more pleasant and likeable mamaks. He has an independent and inquisitive mind. Here he exposes the real reasons why there is a clampdown on moneychangers.

It seems that some 45 UMNOputras used their ‘connections’ to get “Moneychanger Licences.” But not having the necessary smarts – in other words, an idiot will always be an idiot – they cannot compete against the real mamak moneychangers.

So they decided to play dirty – which is par for the course of being an UMNO member – used their “influence” to get Bank Negara to come down hard on these mamak moneychangers and revoke their licences. Then these 45 “moneychangers” will have no competition, charging exorbitant rates for changing money.

Some of you will remember that Robert Kuok sold all his shares in the sugar business in Malaysia about 3 weeks ago. As long as he was in the sugar business in Malaysia, the Malaysian government refused to allow the price of sugar to go up. Just two weeks after he sold all his shares, the government made an announcement that it would remove the tariff and allow the price of sugar to find its own level so that the Malaysian population would be discouraged from taking too much sugar in their cakes and drinks.

Only a retard would come up with such a dumb excuse to screw the Malaysian public including the Malays! The UMNOputras who took over immediately wanted to raise the price of sugar so that they could become rich overnight. When your cup of teh tarik reaches RM1.50 or 2.00, will you say they are looking after the interests of the Malays, as they claim in BTN courses? So do you think the Chinese are working against your interests?

Commodity prices are now rising again because of inclement weather. Sugar prices are sure to go up but by what margin? With more than 60 years experience in sugar trading, Robert Kuok knew how to handle the sugar commodity business. Commodity trading requires skills honed over years of exposure. So how will our Johnny-come-lately’s handle the next surge in sugar prices? Your teh tarik is going to cost you RM2.50 per cup in a year’s time. And all hell will break loose.

Remember what they did to MAS? They took a guy from Shell who had some exposure to oil trading and made him the CEO. He was supposed to do wonders to MAS with his experience in oil trading. You obviously know what happened when oil prices soared to US165 per barrel and then collapsed after that.