13 with Tan Sri-s, Dato Seri-s and LGE cronies in MBI round-up

As of the latest tonight, sources mentioned Eddie Ong and wife, Dato Keh Chuan Seng or known as Ramen (mentioned in this blog's April 9th posting), ECK's Tan Sri Khor Eng Chuen, and owner of Chin Hin Berhad, Dato Sri Chiau Beng Teck. 

[Read Corporate Secret https://www.the-corporatessecrets.com/blog/2025/04/23/bagaimana-ceo-hextar-group-dalang-bersama-tan-sri-tan-kean-soon-t7-global-tan-sri-khor-kroni-mb-kedah-terima-wang-haram-lebih-rm3b-scammer-tedy-teow-mbi/]

[Read Corporate Secret https://www.the-corporatessecrets.com/blog/2025/04/25/skim-mbi-tan-sri-ketiga-tan-sri-datuk-alex-ooi-pengerusi-ideal-property-group-ditahan/]

The figures mentioned for all named up up to total RM7.6 billion. Street estimate the whole scam involved RM11 billion. 

As a result of the bust, Bursa Malaysia felled by 13.22 points today. 

Damn slow cause this blog been rewriting about MBI since March 26th. Almost an effing month ago!

This blogger is telling now that this is just the beginning. The widespread existence of scammers including those linked to MBI and Corporate Mafia have been the conversation at the highest international level. 

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.