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Shameless crook RM cheated $2M from Khoo Teck Puat's daughter
- Thread starter Rogue Trader
- Start date
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- Tags
- banker con artist
This is interesting, didn't know KTP is the founder of Maybank. I am a Maybank shareholder and always thought it is a bank set up by bumiputra...
After Tan Sri Khoo was ousted from Malayan Banking, Brunei Sultan Bolkiah's father (the old sultan) gave him a license to operate Bank of Brunei.
At Bank of Brunei his modus operandi was similar as in Malayan Banking, and after the old Sultan passed away, Sultan Bolkiah had issue with KTP over his late father's purchase price of Holiday Inn, Scotts Rd.
Tan Sri stood firm, refused to re-negotiate the sale price and Bolkiah proceeded to shut down Bank of Brunei and succeeded to prosecute and convict his eldest son who was jailed for a number of years.
KTP went into exile in Australia, London and America for a number of years until they eventually settled the Bank of Brunei issue.
WHAT THE FUCK IS A 79 YEAR OLD STILL SO GREEDY? Almost 2 legs already step in coffin liaoz still so greedy. FUCK THE WHOLE FAMILY!
Tan Sri KTP had to go into exile because Sultan Bolkiah was able to seek old KY's help to arrest him.
That $2M fucking peanuts
Look at the bigger picture.
Smear of shit on sole of shoe LKY gotten 700++BILLIONS of our money into his stinkapore sovereign funds.
All that money and more stolen from all Singaporeans
Stolen our money and our future and our dreams
SO THAT HE AND THE PAP MAGGOTS COCKROACHES WALKING BAGS OF EXCREMENT AND CORRUPT PERVERTED KANGAROOS CAN GO LAUGHING ALL THE WAY TO THEIR BANKS
WHAT THE FUCK IS 2 MILLION?
What' s the story behind Hong Leong Finance being unable to obtain a banking license in S'pore? How did senior Kwek upset LKY?
Heard about this too. But not sure what reason. Understand they have operations in Sinking land under HL Bank (Not Hong Leong Bank, just HL Bank). Think same building as Sakura Bank.
Merl Haggard is likely to know the background. Let's wait for him.
I was told it had something to do with opposition politics. Old man Png donated money to opposition?
That led to his being charged with trumped up CBT and receive stolen goods charge. Think he escaped with a fine after some behind the scenes manoevering....
Hong Leong not getting a bank license same same with Shaw family never getting a listed company here.
People who pissed off petty lky never get a 2nd chance.
HL bank belongs to malaysian hong leong Quek Leng Chan....same same quek/kwek family but also not same same.
I vaguely recall having heard something similar in the 90s. Wonder who did he support. Was told this old man never slept alone while he was overseas. Always with 2 SYTs. Their task is to inform Ah Png's family in the event he goes off in his sleep.
Kwek Hong Png used to live along Tanglin Rd if I recall correctly. Armed CISCO guard at entrance. Maybe 10 minutes walk to Pinky's house.
If all these are true then the old bastard really has pissed countless powerful people off. No wonder he became paranoid. Don't even get me started on the countries he insulted
Another tycoon that got in trouble for supporting opposition was hotel 81 owner.
Remember the adhoc ban on short time for budget hotels then? This law was targeted at him then.
Later law repealed after Mr Choo was successfully re-educated.
Remember the adhoc ban on short time for budget hotels then? This law was targeted at him then.
Later law repealed after Mr Choo was successfully re-educated.
I heard a different version. Boss of 81 is a strong supporter of the PAP. That's how he got his hotel license. His hotels have no proper place to alight from motor vehicles. Rooms have no natural ventillation yet license issued.
Three brothers, Hong Leong, Hong Png & Hong Lye emigrated to S'pore from Fujian before the war. They started off in the hardware business in Beach Rd and they prospered and bought a 5 storey building in Philip St to conduct their biz.
After H Leong's death in the 60's, they diversified into property development. H Lye relied on one contractor, Chng Ghim Huat who had pai-kia connections to help their company evict occupants from huge track of squatter land they acquired. Those days squatters were protected by rent-control and the only way to clear them was with pai-kias.
Many aggrieved squatters complained to LKY who was then very much in touch with the ground. As a result Hong Leong Co was marked.
In the late 80's, Png was investigated for tax evasion and some corporate matters involving the Pinetree Club. He got away, but his nephew took the rap.
In the early 90's Png was again investigated by the CPIB. They ended up contributing $130m as donation. Although he managed to settle to avoid conviction, he took it badly and not long after he passed away.
Chng G H is the owner of Hotel Grand Central and a fairly new building along Killiney Rd where NTUC supermarket is located. Chng, although he was strong PAP supporter in Tg Pagar, in early 2000 was charged and convicted for tax evasion and he spent 6 months in Changi.
H Lye and H Png were never involved with politics.
HL Bank belongs to Quek Leng Chan based in KL. It was the former Mui Bank and it was Anwar when he was Finance Minister, he forced Khoo Kay Peng to sell it to LC for a song.
MH - thanks.
