Wednesday, 13 April 2016

Proven Oil Asia in trouble? (3)

MAS (Monetary Authority Singapore) has added "Proven Oil Asia" to its "Investor Alert List":

I wrote the first post about this scheme almost two years ago. Should MAS have taken action more early? It all looks rather slow. Surely they must have known about my postings, they could have contacted me for more information, which they never did.

I often complain about the slow enforcement in Malaysia, but in this case they clearly beat Singapore (here and here), and the same applies to the media.

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