Is Tan Kin Lian instigating the banks' RMs to rebel ???

[Avantas]

Ho say liao, seems Tan is heading towards a head on confrontation with the establishment.

A RM of a bank called me. He is willing to come forward to sign a statement that he has been giving the wrong information about the credit-linked notes to the bank customers, due to his ignorance. He will be contacting other RMs to come forward and make a similar statement.

I will arrange for these RMs to get legal advice and to make a statutory declaration about the actual statements and assurances that they gave to the customers about the notes.

Read full article here:

http://wayangparty.com/2008/12/18/t...nship-managers-to-make-statutory-declaration/

 

[Zombie]

http://wayangparty.com/2008/12/18/t...nship-managers-to-make-statutory-declaration/

This Mr Anyhow-Blame TKL is now anyhow giving immunity.

I told this RM that the bank does not have the right to hold him financially responsible for the honest mistake, especially as most of the other RMs were also poorly trained about these notes.

As if bank cannot sue?

 

[Avantas]

You mean the banks suing him ?

This Mr Anyhow-Blame TKL is now anyhow giving immunity.



As if bank cannot sue?

 

[Zombie]

You mean the banks suing him ?

TKL cannot prevent, if the banks want to sue the RMs.

 

[Avantas]

Now TKL is getting the RMs to gang up with the investors to sue the banks, not so easy, my friend.

TKL cannot prevent, if the banks want to sue the RMs.

 

[Zombie]

Now TKL is getting the RMs to gang up with the investors to sue the banks, not so easy, my friend.

RMs themselves have no capacity to sue banks. They only assist investors.

But Banks can counter-sue RMs.

 

[Porfirio Rubirosa]

All I can say is that these RMs better take independent legal advice before taking any further steps.

 

[VIBGYOR]

Ho say liao, seems Tan is heading towards a head on confrontation with the establishment.

wah how come you so fast no? you ISD?