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Chia Hak Soon
14-08-2009, 11:38 AM
wow! Have any of you seen a million in cash not to mention 10 million ?
"Things fall apart, the center cannot hold, mere anarchy is loose upon the world." - Chinua Achebe. This is a book I read in my Literature period during my school days. Now you know why everbody wants to be a politician.

Raikonen
14-08-2009, 11:51 AM
wow! Have any of you seen a million in cash not to mention 10 million ?
"Things fall apart, the center cannot hold, mere anarchy is loose upon the world." - Chinua Achebe. This is a book I read in my Literature period during my school days. Now you know why everbody wants to be a politician.

Sure I have...10 million yen... :D

It's relative la..10 million ringgit is loose change to some people...

robertec
14-08-2009, 02:52 PM
Can you imagine a million in CASH?

It would be a problem to carry a million ringgit, let alone carry a few million.

Is a suitcase enough for 1 million? I know a brief case is definitely not enough.

Sentinel
14-08-2009, 02:57 PM
Can you imagine a million in CASH?

It would be a problem to carry a million ringgit, let alone carry a few million.

Is a suitcase enough for 1 million? I know a brief case is definitely not enough.
C'mon Robert, a briefcase can fit in a million ringgit, no problem, if its RM100 notes.

1 stack of 100 notes is RM10,000, we need 100 stacks... no problem lah...

I onced packed RM1,000,000 in RM100 notes to be displayed as grand prize at an international golf tournament in Subang National... exactly 1 Samsonite briefcase... but heavy lah...

mykern
14-08-2009, 02:58 PM
1 bag, all with RM100 notes, used by the security firms when they transport cash, can take max RM500K ..... so 20 such bags amounts to RM10Mio.
1 truck can carry so much at one time .... so, it doesn't seem so far fetched!~

Khap!~
Hope I have not breached any ethics on revealing the mechanics of the security business!~
If I did, thousand apologies.
:cool:

cskok8
14-08-2009, 03:06 PM
C'mon Robert, a briefcase can fit in a million ringgit, no problem, if its RM100 notes.

1 stack of 100 notes is RM10,000, we need 100 stacks... no problem lah...

I onced packed RM1,000,000 in RM100 notes to be displayed as grand prize at an international golf tournament in Subang National... exactly 1 Samsonite briefcase... but heavy lah...

Yes, but RM 10 million will need 10 Samsonite briefcases. Need how many men to carry?

It is nice to be a politician.
:rolleyes:

SingaporeEhSai!
14-08-2009, 03:14 PM
he did say it was in 3 instalments... :D

AaronOng
14-08-2009, 03:16 PM
A bit off track here. If you're a politician having TT and someone carrying a bag sits down with you, chats for a while and leave without his bag, better cabut fast! You'd be stupid to pick up the bag and even worse, look inside!

Next thing you know you'd be tried for corruption!

Oldest ACA trick!

Back to the track here. 10 mil for sure is not easy to carry. I remember some time ago some guy did just that and tried to pass through airport security. Can't remember exactly how many millions but I only remember that he has 2 mohds to his name.

robertec
14-08-2009, 04:01 PM
C'mon Robert, a briefcase can fit in a million ringgit, no problem, if its RM100 notes.

1 stack of 100 notes is RM10,000, we need 100 stacks... no problem lah...

I onced packed RM1,000,000 in RM100 notes to be displayed as grand prize at an international golf tournament in Subang National... exactly 1 Samsonite briefcase... but heavy lah...

A big Samsonite Briefcase. (not unlike the ones that the migrant workers carry when they return to their homeland)

The normal sized briefcase will not hold 1 million.

Imagine 3.3 million. Talk about being loaded.

Sentinel
14-08-2009, 05:16 PM
A big Samsonite Briefcase. (not unlike the ones that the migrant workers carry when they return to their homeland)

The normal sized briefcase will not hold 1 million.

Imagine 3.3 million. Talk about being loaded.
Maybe it wasn't in a briefcase but packed in abox and transferred over to his black Alphard directly?

cml
14-08-2009, 05:31 PM
My friends you all are working on the assumption it is RM that they are passing around. If it is Sing$, the biggest denomination is S$10k if i am not wrong and S$ is easily converted into RM. 10 mill can fit into one bag, no problem!!

USJ27Resident
14-08-2009, 11:53 PM
My friends you all are working on the assumption it is RM that they are passing around. If it is Sing$, the biggest denomination is S$10k if i am not wrong and S$ is easily converted into RM. 10 mill can fit into one bag, no problem!!

BINGO!!

I guess not many people knows that the BIGGEST SIN$ DENOMINATION is S$10,000. But from what I know, it is a restricted note; meaning you'd have to register to be in possession of those notes... then again... who cares, its still legal...

USJ27Resident
14-08-2009, 11:55 PM
A bit off track here. If you're a politician having TT and someone carrying a bag sits down with you, chats for a while and leave without his bag, better cabut fast! You'd be stupid to pick up the bag and even worse, look inside!....

Didn't this happen in the Silver State... :p

cml
15-08-2009, 12:01 AM
There is no need to refister or anything like that. Its just that not many people would have change for a ten thousand dollar note and if one wants to change it they can normally go to the banks who probably would take down your details in case of forgery. Its legal tender. I used to have a friend who carrries a few in his wallet for contingencies, whatever that means!

AaronOng
15-08-2009, 12:03 AM
Didn't this happen in the Silver State... :p


B I N G O !!!

Sentinel
15-08-2009, 12:42 AM
There is no need to refister or anything like that. Its just that not many people would have change for a ten thousand dollar note and if one wants to change it they can normally go to the banks who probably would take down your details in case of forgery. Its legal tender. I used to have a friend who carrries a few in his wallet for contingencies, whatever that means!
Why even bother with S$10,000 notes... I know of people who slotted 50 to 100 notes of Brunei's B$1,000 or B$5,000 between pages of a good novel and walked straight thru customs at the airports (Changi and KLIA)... LOL :D Easier to change with the mamak money-changers too... :D

Chia Hak Soon
17-08-2009, 10:22 AM
Well here the answer;- They convert the money usually in foreign currency to a third party , usually a legal money changer. The money changer uses his network in malaysia to dispense the amount. That is why there is no evidence of direct transcation or records. So the only way is to declare in the press and now the receiver is having his last laugh.

That is why underground tactics are being employed to silence the lamb. :D :D :D

cml
17-08-2009, 10:49 AM
Well unless there is a recording, video or otherwise of the transaction then it is one person's word against the other. But since the **** has hit the fan invariably everyone would have **** in their faces unless they were not there in the first place. Their hope of it all going away like in the past would not happen cos the smell is still there lingering!! I suppose this has been happening all these while. Only that we were duped into thinking that our politicians were working for the rakyat. The 24 million ringgit mansion and the palace in the squatter areas are convincing the people that all the bull ****e and working for the rakyat is but a dream or a fantasy that they have been lulled into believing with the occasional crumbs thrown at them during the elections or more during the by elections.

superz
17-08-2009, 11:37 AM
how can a person withdraw 10million cash anyway? wouldnt LHDN be alerted on why that person can have that much of money as a politician?

cml
17-08-2009, 11:41 AM
You will be amazed at the amount of money flying around. That's the reason why people prefer to be politicians rather than working for an honest living. Otherwise how to accumulate millions in the spate of a few years. For us wage earners it is beyond our comprehension how much money gets passed around.

tupai
17-08-2009, 01:47 PM
Rumour has it that...any1 of 'em money changer can transfer any amount to anywhere in this small blue marble lah... :rolleyes:

If i have that kinda money, i wanna them all in brand new notes, then i shall put 'em all in my bath tub and have a decent 8hr money-soak :p Yes, in birthday suit, Gotta really REALLY enjoy the 5 or 6 or 7 sensory satisfaction :p

Yang Belum ada Million$ latotupai :p

anny
17-08-2009, 03:01 PM
Chia, I like the 'legal money changer' tactic. :D

Maybe it was distributed via some company's 'Jackpot' or Lotto' game?

firefox
17-08-2009, 03:21 PM
You will be amazed at the amount of money flying around. That's the reason why people prefer to be politicians rather than working for an honest living. Otherwise how to accumulate millions in the spate of a few years. For us wage earners it is beyond our comprehension how much money gets passed around.

Now you know why ppl kill each other to become politicians. Politicains are the biggest crooks. i have lived long to know..lucky i dont pay income taxes anymore.

Btw this is also turning out to be a politcal thread too It seems that we cant run away from politics!

bslee
17-08-2009, 03:35 PM
Btw this is also turning out to be a politcal thread too It seems that we cant run away from politics!

Factually, nearly MOST aspects of our daily life have something to do with politicians governance and policies..SO? from the rice we buy to kids education, to car ownership to even where you're buried one day in future. I don't think you're even allowed to throw your ashes into the sea without some form of approval?.
This is Malaysia and freedom is not as what we may have read or seen on TV land.

Sentinel
17-08-2009, 06:38 PM
You will be amazed at the amount of money flying around. That's the reason why people prefer to be politicians rather than working for an honest living. Otherwise how to accumulate millions in the spate of a few years. For us wage earners it is beyond our comprehension how much money gets passed around.You will be shocked of the number of ways to transfer cash and the loopholes available.... LHDN won't even know at all....

layman
17-08-2009, 07:15 PM
if anyone needs any lesson in transporting 10 or even 100 million in cash,just take a lesson from the disgraced ex-president of taiwan mr chen sui bian.his family and cohorts can transfer cash 100-1000 times the peanut 10 million in trucks planes etc.its just amazing how people will go at length to try to erase any traces of ill gotten gains

bslee
17-08-2009, 07:30 PM
LHDN won't even know at all....

Hey bro!...Am sure you can make quite a bundle in rewards by exposing all them sinners who're in this...especially from that dominant front???.. :p :p

Ditto
17-08-2009, 07:53 PM
You will be shocked of the number of ways to transfer cash and the loopholes available.... LHDN won't even know at all....
Mind to PM me a way or two indoing that? Thanks in advance

Sentinel
17-08-2009, 08:14 PM
Hey bro!...Am sure you can make quite a bundle in rewards by exposing all them sinners who're in this...especially from that dominant front???.. :p :pOnce you have seen enough in life, you tend to know when to zip up the big mouth if you want to spend more time jalan-jalan cari makan BS...

Sentinel
17-08-2009, 08:16 PM
Mind to PM me a way or two indoing that? Thanks in advanceNo lah, no PM. Just a fast one, know what is allowed and disallowed in taxation and make use of the allowed ways... money coming in from overseas thru investment bankers or for investment purposes... mana LHDN bother? Just don't squeak to just anyone how you do it coz you cannot trust no one... they get incentive from LHDN too for squeaking on you...

orchipalar
17-08-2009, 10:53 PM
Err buddies...1 million in a Samsonite briefcase...?
No way that's gonna fit...UNLESS...
it's a suitcase...

How Orchi knows...? Don't ask...

But 10 million in RM...is peanuts as compared with 50 times that
amount being possibly involved in..."gains"...

Old saying..."don't spent small money...won't earn big money"...

Chia Hak Soon
18-08-2009, 10:19 AM
To give 10 million cash without receipt requires a honourable trust and you must ask why do you give 10 million and paying for what ? Generally speaking, you give unless there is a gain of say 100 times . Now that the recipient does not honour his part , what do you do ? No official reciepts, no witnesses, no cctv but only verbal acknowledgement.

It would be interesting to know how are you going to get it back. In the film " Godfather " Don Corleone faces this type of situation and to him it was simple,
He will send his right hand man to the receipent and says " I will send you an offer you cannot refuse " Believe me this is what the Ah Longs faces and sometimes when we read of victims tortured , we feel sympathetic towards the victims but what about the borrower ? To me , there is a saying " There is no smoke without a fire "

So be careful, There is no frogs lying on the road for free taking as the cantonese says.