PDRM-China purge MBI network for Xi Jin Peng visit

Lim Guan Eng, his family and faction did poorly at the DAP's central committee election. He survived at 26th spot, lost the Chairmanship and given face saving position as Adviser. His people have not given up and perhaps pondering a return. 

Guan Eng's Penang tunnel case is still on-going in court for any immediate change in fortune. In the meanwhile, the changing of the guard at DAP went through smoothly and new generation of leaders sprouting. Bukit Aman was reported moving in to investigate the money trail of Tedy Teow and talk is  Guan Eng had dealings with Tedy.

Tedy is the founder of the infamous money game operator MBI Group. They operated a multi-level marketing (MLM) MCoin and Ponzi investment scam to swindle investors in Malaysia, China, Thailand, and Indonesia in the billions of Ringgit. 

He was arrested in Thailand in 2022 after years on the run. Malaysia requested for his extradition to face charges of fraud and money laundering, but he ended up being extradited to China in August 2024. 

Suddenly Bukit Aman called up corporate figures linked to the MBI money trail. One is believed to be linked to Ivory Property Berhad, one of the four property development company closely linked to Guan Eng. 

Petros-Petronas spat is far from resolve

Upon the demise of Allahyarham Tun Pehin Seri Taib Mahmud in February 2024, open and frank conversation over Sarawak rights on its oil and gas under Chief Ministership of the late Adnan Satem escalated beyond the usual grumbling and dissatisfaction into a conflict between Sarawak and Federal Government.   

Earlier during Dato Najib’s administration, the Malaysia Agreement 1963 (MA63) was acknowledged with a cabinet joint committee established and chaired by former Foreign Minister Anifah Aman and Dato Nancy Shukri during Najib’s administration.

The passing of Taib, political undercurrent during Premier Abang Johari Openg, and demand to accelerate state economic development put greater pressure on the fulfillment of the terms of MA63 including the oil and gas rights. 

A misconduct by Petronas towards the East Malaysians angered the once cooperative state government. 

Instead of seeking a reasonable resolution, Petronas taken to their customary arrogant self and conflagrated the situation by being too cocksure the Production Development Act 1974 (PDA) will come to their favour.