30 May '17, 7am

Two major stories in Penang...

6 SHARES Whatsapp Facebook Twitter Email Print RSS feed Two major news stories in Penang. Story number one: The raid on a M Mall, a shopping complex run by MBI International, yesterday hit the headlines. Officers from the police, Bank Negara, the Companies Commission and the Ministry of Domestic Trade, Co-operatives and Consumerism swooped on the mall after MBI fell under Bank Negara’s alert list. This comment in a Star report caught my attention: “This is not like (failed money game) JJPTR. MBI fulfilled its pro­mises. What wrong has M Mall done?” Jeffrey, a long-time MBI member, said. He said he enjoyed spending his virtual money in M Mall, especially on dinners with his wife and children at the mall’s restaurants. “We can buy everything from household appliances to handphones with our points. We can even partially pay for cars and properties with our points,” he said. J...

Full article: http://anilnetto.com/economy/development-issues/two-major...

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