The iconic photo of the “Happy Family” of the MAS-AirAsia share swap and architects of the violation of the Competition Act. From 2nd left; Datuk Kamarudin Meranun, Tan Sri Azman Mokhtar, Tan Sri Md Nor Yusof, Tan Sri Tony Fernandes, the Khazanah Whiz Kid Mohamad RashdanYusuf aka Danny & Dato’ Sri Nazir Razak of CIMB
Updates @ 6:10 pm on 10-9-2013: “Deloitte has been fined a record £14m for failing to manage conflicts of interest during its role as an adviser to collapsed British carmaker MG Rover. On Monday the Financial Reporting Council, which brought the case against Deloitte, said the outcome of an independent tribunal was a “strong vindication” for its six-year-long probe into Deloitte’s work for companies involved with the carmaker in the lead-up to MG Rover’s collapse.”
The international accounting firm Deloitte was fined 14 million Pound Sterling by UK authority. Will we ever see our authorities taking the same actions here?
In the case of the MAS-AirAsia share swap, there were two advisors namely Dato’ Sri Nazir Razak and Bain & Co but it is unclear about their scope of appointment. For full report of the fine imposed against Deloitte, please read HERE &HERE,.
The “Happy Family” of the MAS-AA share swap & CCF. From 2nd left: Datuk Kamarudin Meranun of AirAsia, Tan Sri Azman Mokhtar (MD of Khaznah), Tan Sri Md Nor Yusof, Chairman of MAS, Tan Sri Tony Fernandes of AitrAsia, Rashdan aka Danny, nominee of Khaznah & Datuk Nazir Razak, the CEO of CIMB Group.The two main key players in MAS at the height of the MAS-AA share swap. Pic: AJ and En Mohamed Rashdan Yusuf aka Danny . AJ and his then “co-pilot” showing thump up for MAS-AirAsia share swap?. AJ has said that “Rashdan was vilified and maligned in blogsphere”.
The Malaysia Competition Commission (MyCC) said in a statement that the country’s two dominant carriers would each have to pay a RM10 million(US$3 million) penalty for collaborating to integrate some routes in which they had earlier competed.
Izinkan saya mengucapkan Selamat Hari Kemerdekaan kali ke 56 kepada seluruh rakyat Malaysia dan juga kepada pemimpin-pemimpin negara yang menjadikan Rakyat Sentiasa Didahulukan.
Datuk Bandar KL, Yg Bhg Datuk Ahmad Phesal bin Talib, has just confirmed that the RM200 million 1,200 CCTV Project has been awarded to GTC Global Sdn Bhd, a company dealing with integrated security surveillance system
At long last, on 21-8-2013 Datuk Bandar Kuala Lumpur, Yg Bhg Datuk Ahmad Phesal Talib, has confirmed that DBKL has appointed GTC Global Sdn Bhd to look into the installation and maintenance of 1,200 closed circuit television. Datuk Ahamd Phesal has also confirm the contract is worth RM200 million, HERE.
The posting: “Expats & Seabury Consulting are the flavours of AJ” has triggered the top management of MAS to instruct its under link to lodge a police report on the leakage of information. As predicted, a full-scale witch hunting has been initiated.
Bloomberg News just reported (12:00 am 18-8-2013) that the police will use a section of its Crime Prevention Act for the first time to hold suspects without filing charges in a crackdown on violence following a wave of killings, according to a copy of an internal police memoseen by Bloomberg News.
The highly acclaimed journalist Ms BK Sidhu, who has just being promoted as the new Editor of StarBiz, had quoted an unknown source that the AirASIA X IPO SHARE will be over-subscribed by 3 to 4 times which later turned out to be FALSE.
Dalam suasana kegembiraan umat Islam menyambut 1 syawal, saya dan keluarga dengan ingatan tulus ikhlas ingin mengucapkan Selamat Hari Raya Aidil Fitri maaf zahir dan batin kepada teman-teman dan sdr serta sdri yang beragama Islam.
Left: Tan Sri Md Nor & Tan Sri Abdul Aziz Zainal. Pictures taken from NST.
Jaringan Melayu Malaysia (JMM) has called for Tan Sri Abdul Aziz Zainal, the former Malaysian ambassador to France and General of Malaysian Arm Forces, to take over the chairmanship of MAS from Tan Sri Md Nor Md Yusof. JMM is confident that Tan Sri Abdul Aziz would be able to bring MAS back to its former glory, in HERE.