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"Please explain why
BNM’s Director of legal department Mr Jeremy Tan
audited Genneva Malaysia in Feb’12 and the outcome was
- "no issue with the biz and operation model".
Mr Jeremy allowed Genneva Malaysia to resume operation but with condition to announce in all major newspapers on who Genneva was.
"Please explain why
BNM’s Director of legal department Mr Jeremy Tan
audited Genneva Malaysia in Feb’12 and the outcome was
- "no issue with the biz and operation model".
Mr Jeremy allowed Genneva Malaysia to resume operation but with condition to announce in all major newspapers on who Genneva was.
The announcement was made on 27 Feb 2012 in all major newspapers. The key content in the announcement was not to give a buy-back guarantee to the public and Genneva is not an investment body but a pure Gold Trading company.
You BNM blessed that announcement. You claim that you protect the public- taking away peoples belongings and keeping it for a long periods of time- is not an act of protecting.
Post of the Day by Zaid Zulfa
by Genneva Malaysia Supporters on Wednesday, 7 November 2012 at 09:54 ·
BNM, whatever your plan is on Genneva the most basic act that you should have executed by now is to return the belongings of the public/purchasers. The gold bars, sell back & commission cheques & hibah belongs to the purchasers & consultants. There is no law or act in this world that says you can take away things that have been paid for (daylight robbery). You can continue your investigation as long as you want to and accused Genneva with all sorts of allegations or even create new ones, but please return back what belongs to the purchasers/consultants. You may then take the entire time you want to investigate.
You knew about Genneva’s biz model very well when you raided Genneva Sdn Bhd and yet you let Genneva Malaysia operate all the way till Oct 1st 2012.
What is your true intention actually?"
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Post of the Day by Zaid Zulfa
by Genneva Malaysia Supporters on Wednesday, 7 November 2012 at 09:54 ·
BNM, whatever your plan is on Genneva the most basic act that you should have executed by now is to return the belongings of the public/purchasers. The gold bars, sell back & commission cheques & hibah belongs to the purchasers & consultants. There is no law or act in this world that says you can take away things that have been paid for (daylight robbery). You can continue your investigation as long as you want to and accused Genneva with all sorts of allegations or even create new ones, but please return back what belongs to the purchasers/consultants. You may then take the entire time you want to investigate.
Looking at things now, it indicates that you don’t hear and care for the people of Genneva. Regardless how much effort the clients, consultants & management of Genneva dedicates to resolve this matter in the rightful, etiquette, political and professional manner, you BNM will always portray us as the people who is on the wrong side of the court, no room given to claim and defend our rights.
This is because you are the law, you are above the law, you can manipulate the law, amend the law to tell the world that after 6 years of operating we are wrong, and basically you can do wonders.
Even after revealing all Genneva’s biz documents and operation after your recent interrogations with the directors/clients/consultants till today nothing positive or right that you concur Genneva when some of the documents and biz flow is advice, verbally endorsed & directed by BNM during the Feb 2012 audit by BNM.
Please explain why BNM’s Director of legal department Mr Jeremy Tan audited Genneva Malaysia in Feb’12 and the outcome was no issue with the biz and operation model. Mr Jeremy allowed Genneva Malaysia to resume operation but with condition to announce in all major newspapers on who Genneva was. The announcement was made on 27 Feb 2012 in all major newspapers. The key content in the announcement was not to give a buy back guarantee to the public & Genneva is not an investment body but a pure Gold Trading company. You BNM blessed that announcement. You claim that you protect the public, taking away peoples belonging & keeping it for a long period of time is not an act of protecting. At the first place if it’s true that you are protecting you should have done so prior to Tun Dr Mahathir launched of the company, prior to Donald Lim DFM launched of the HQ office in Kuchai Lama. You knew about Genneva’s biz model very well when you raided Genneva Sdn Bhd and yet you let Genneva Malaysia operate all the way till Oct 1st 2012. What is your true intention actually?
BNM’s press statement of the 5th Nov, “The period of non-delivery have in some cases, exceeded five months”. If you are referring this clause to Genneva this is a big lie.
Genneva’s delivery has never exceeded that long.
All your press statements were general; you refused to specify which gold raided company belongs to which allegations. The way I view it you are cultivating confusion to the public, with the press involvement situations exaggerated.
On top of that BNM uses the word “approximately” to reflect the amount of gold seized. For the amount of accounts & cash you sound to be accurate. It has been 37 days after raiding & yet BNM do not know the exact gold seized & again which gold raided company are you referring too? Frankly speaking BNM is not behaving as the world’s best central bank as reported by Global Finance Magazine.
Majlis FATWA, suddenly became silent? When Tun M launched the company Genneva was halal. Maintaining the same biz model till 2012 out of a sudden Genneva became haram in 2012. Why? Now the authorities took away what belongs to the people which they have paid for. What is the “HUKUM” like from the Islamic perspective? Halal? Haram? Out of a sudden the FATWA council just kept silence regarding this. The council should be renamed as THE CUSTOMISED FATWA Council. Why? You stand in the name of religion when there is a hidden need & when issue biases the council or when direction is given by a party who is much powerful then the FATWA council. In other words, in Islam, from the perspective of Malaysia FATWA council, Allah’s law can be overridden. Having saying that, I humbly proposed the council to rename itself as the Malaysia’s Munafiq FATWA council. The teaching of ISLAM & the prophet Muhammad (PBUH) is simple, if you put somebody’s life in misery regardless he/she is a Muslim you have committed a sinful act. I don’t need a PHD in Islamic studies to know that or voicing it out to the FATWA council. I am also conveying the above paragraph to PPIM & Ustaz Zaharudin.
I know that there is a possibility by posting what I have written here I might end up in the Malaysia Citizenship Alert List. I hope I won’t fall into such list because I am a loyal tax payer. I am voicing out what I believe is right. Some people may like/dislike or may not agree/agree with me, I don’t care. There are always 2 sides of a coin. All we want is what belongs to us that we have paid for. Just return it back & let our life’s continue as normal. Please don’t let this crisis drag much longer. Your cooperation & consideration on returning back our belongings is highly appreciated. You have the capability to transform 60,000 daily curses into beautiful prayers, thank you & blessing notes by returning what belongs to us. You are ranked as the world’s best central bank as reported by Global Finance Magazine, you obtained an “A” in your scorecard. Malaysia is ranked the 10th friendliest country by HSBC. PLEASE do not jeopardize all these ranks & titles. Last but not least all we asked for is our gold & money. Thank you.
Source:http://on.fb.me/SrS4Si
This is because you are the law, you are above the law, you can manipulate the law, amend the law to tell the world that after 6 years of operating we are wrong, and basically you can do wonders.
Even after revealing all Genneva’s biz documents and operation after your recent interrogations with the directors/clients/consultants till today nothing positive or right that you concur Genneva when some of the documents and biz flow is advice, verbally endorsed & directed by BNM during the Feb 2012 audit by BNM.
Please explain why BNM’s Director of legal department Mr Jeremy Tan audited Genneva Malaysia in Feb’12 and the outcome was no issue with the biz and operation model. Mr Jeremy allowed Genneva Malaysia to resume operation but with condition to announce in all major newspapers on who Genneva was. The announcement was made on 27 Feb 2012 in all major newspapers. The key content in the announcement was not to give a buy back guarantee to the public & Genneva is not an investment body but a pure Gold Trading company. You BNM blessed that announcement. You claim that you protect the public, taking away peoples belonging & keeping it for a long period of time is not an act of protecting. At the first place if it’s true that you are protecting you should have done so prior to Tun Dr Mahathir launched of the company, prior to Donald Lim DFM launched of the HQ office in Kuchai Lama. You knew about Genneva’s biz model very well when you raided Genneva Sdn Bhd and yet you let Genneva Malaysia operate all the way till Oct 1st 2012. What is your true intention actually?
BNM’s press statement of the 5th Nov, “The period of non-delivery have in some cases, exceeded five months”. If you are referring this clause to Genneva this is a big lie.
Genneva’s delivery has never exceeded that long.
All your press statements were general; you refused to specify which gold raided company belongs to which allegations. The way I view it you are cultivating confusion to the public, with the press involvement situations exaggerated.
On top of that BNM uses the word “approximately” to reflect the amount of gold seized. For the amount of accounts & cash you sound to be accurate. It has been 37 days after raiding & yet BNM do not know the exact gold seized & again which gold raided company are you referring too? Frankly speaking BNM is not behaving as the world’s best central bank as reported by Global Finance Magazine.
Majlis FATWA, suddenly became silent? When Tun M launched the company Genneva was halal. Maintaining the same biz model till 2012 out of a sudden Genneva became haram in 2012. Why? Now the authorities took away what belongs to the people which they have paid for. What is the “HUKUM” like from the Islamic perspective? Halal? Haram? Out of a sudden the FATWA council just kept silence regarding this. The council should be renamed as THE CUSTOMISED FATWA Council. Why? You stand in the name of religion when there is a hidden need & when issue biases the council or when direction is given by a party who is much powerful then the FATWA council. In other words, in Islam, from the perspective of Malaysia FATWA council, Allah’s law can be overridden. Having saying that, I humbly proposed the council to rename itself as the Malaysia’s Munafiq FATWA council. The teaching of ISLAM & the prophet Muhammad (PBUH) is simple, if you put somebody’s life in misery regardless he/she is a Muslim you have committed a sinful act. I don’t need a PHD in Islamic studies to know that or voicing it out to the FATWA council. I am also conveying the above paragraph to PPIM & Ustaz Zaharudin.
I know that there is a possibility by posting what I have written here I might end up in the Malaysia Citizenship Alert List. I hope I won’t fall into such list because I am a loyal tax payer. I am voicing out what I believe is right. Some people may like/dislike or may not agree/agree with me, I don’t care. There are always 2 sides of a coin. All we want is what belongs to us that we have paid for. Just return it back & let our life’s continue as normal. Please don’t let this crisis drag much longer. Your cooperation & consideration on returning back our belongings is highly appreciated. You have the capability to transform 60,000 daily curses into beautiful prayers, thank you & blessing notes by returning what belongs to us. You are ranked as the world’s best central bank as reported by Global Finance Magazine, you obtained an “A” in your scorecard. Malaysia is ranked the 10th friendliest country by HSBC. PLEASE do not jeopardize all these ranks & titles. Last but not least all we asked for is our gold & money. Thank you.
Source:http://on.fb.me/SrS4Si
