KinerjaPay Corp (fka KPAY)

[Eurotradr]

Wahana has no control over the release of funds... period. They provided a SWIFT MT760 from an unknown bank that was confirmed received in KPAY's account. It is now 100% in the hands of the bank "syndication" as to whether they release funds against the guarantee or not.

I have repeatedly asked Anglea Wong and Pak Edwin for the name of the bank issuing the guarantee(s)and always get the same answer from Angela (again last night) that she has no access to this information and her scope with the company is very limited.

If these are "leased" instruments which is my guess and have said here many times in the past, they will NOT get any money. This would explain them not releasing the bank name, the continued delays, and their silence. There is only one logical reason for them not receiving funds thus far and that is "leased" instruments, not some ridiculous upfront bank fees (like a Nigerian scam)or government regulation... "leased" instruments which DO NOT come from investment grade banks!!

JMHO