Letter of Approval vs License

Malaysiakini report: Current Deputy Finance Minister Donald Lim Siang Chai answer the question by saying that the department had issued a letter of approval with condition to Ascot Sport allowing the latter to operate the football betting business. Is the big boss, Tan Sri Vincent Tan Chee Yioun that interpreted wrongly about the letter.

So, issuance of a Letter is not the same as a License. (full stop). It’s up to you yourself on how you want to interpret it. 

The government has done nothing wrong. Not even need to explain why letting the news to spread for almost a month since they know it is something not right. Are they knowing what they are doing? It is cheating people. If a government can take so lightly what they made public, what can we trust? How can investors/business persons be confident with the country?