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AJ & Rashdan: “What Costing cutting?” Part 4 – Rashdan abused of Power


Amok & his crony, Mohammed Rashdan Yusof aka Danny

Updates @ 2:30 pm on 25-3-2012: The cronies are on witch hunting in MAS. Heads of Department have been instructed to investigate who leaked out the information on the abused of power by the Deputy Group CEO of MAS, the Amok’s crony Rashdan, during the flight MH 122 on 1-1-2012. Instead of taking disciplinary actions against one of the cronies, they are only interested in victimizing MAS staff.

It is about time that MAS unions must all come out to protest against the VICTIMISATION of its members by the cronies in  MAS. MAS is a GLC and therefore, it belongs to all Malaysians. The cronies should stop terrorizing MAS staffs to COVER UP their own misdeeds. 

Updates @ 12:45 on 25-3-2012: Additional questions for Tan Sri Md, Yusof, AJ and Amok’s crony, Rashdan: Who decide to change the Logo of MAS to pale blue color? (It should have been changed to greay color!) Which advertising firm did the designing work for it and how much was the design fees? Rumours have it that it costs MAS RM8 million!!! I hope that it remains as just rummours.  Can someone help on the designing fees issue? Thank you 

Tan Sri Azman Mokhtar (Amok)’s crony and ex-business partner in BinaFikir Sdn Bhd, En Mohammed Rashdan Yusof aka Danny (Rashdan), has no respect for company long established policies and the MAS Fist Class passengers, who are paying top Ringgit for their travel time.

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14-03-2012 Questions Time: MYCC is investigating into MAS-AirAsia share swap & CCF

Updates @ 6:50 pm on 15-3-2011: blue sky has informed yours truly that Puan Nor Zalida Ahmad is the niece of Datuk Kamarudin Meranun, the Deputy CEO of AirAsia and after the secret MAS AirAsia share swap was inked by Tan Sri Mokhtar he was appointed  a director of MAS. By the way, she is also the sister of Zaman, AirAsia Customer Experience an Technology Officer.   

After the said secret share swap, Puan Nor Zalida Ahmad was employed by MAS. In a short span of time she was promoted to be the Head, strategic communication of MAS. Another recruit from AirAsia. Hopefully it was not coincidental again that she is one of the local individuals that have been handpicked by PlaneConsult, whose CEO, Conor McCarthy again by coincidence is also the founder and director of AirAsia Bhd. It seems that PlaneConsult has the only capability of identifying “good and capable” individuals from AirAsia! WHY? WHY? WHY? Mr YAB PM please take immediate actions before it is too late!

Updates @ 12:55 pm on 15-3-2012: MAS union officials and members of staff are in Parliament House to distribute letter to YAB PM to the PAS MPs. Syabas! It is high time that all the MAS unions and MAS staff must all stand up against the ill thought out policies and decisions made by AJ and Rashdan, Amok’s crony and ex-business partner in BinaFikir Sdn Bhd. Of course, En Rozman Omar, the new CFO of MAS, and En Azhari Dhalan, the new Head for MAS Engineering, who are both from AirAsia, are included. Now Rashdan is hiding behind the MAS board for all the decisions he has made. Presumably the arbitrary decision to pay RM18 million to sponsor QPR and the appointment of the mat salleh consultant firm, PlaneConsult, were also not his but MAS Board in HERE. Grow up crony, if you cannot stand the heat please leave the kitchen! MAS does not need its top executive to appoint mat salleh consultant to think for them!  

Puan Nor Zalida Ahmad, Acting Head, strategic communications of MAS wrote a letter to the Star today in an attempt to defend Amok’s crony in HERE. Is Puan Nor Zalida Ahmad related to any of the top guy in MAS or AirAsia?  Can anyone help? 

YB Tuan Wee Choo Keong [Wangsa Maju]meminta Menteri Hal Ehwal Pengguna menyatakan status siasatan oleh MYCC terhadap pertukaran saham di antara MAS-AirAsia / CCF, yang jelas

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AJ & Rashdan: “What Cost Cutting?” Part 2 – PlaneConsult

Updates @ 1:30 am on 15-3-2012: PlaneConsult is not the only consultant firm hired by MAS. Ernst & Young is another consultant firm that has been appointed to teach MAS Corporate Division how to do their work. It seemed that AJ and Rashdan, Amok’s crony and ex-business partner in BinaFikir Sdn Bhd, are heavily relying on consultants to do the thinking for them. It has been for some weeks that “two young sweet little” officers from Ernst & Young are in MAS Corporate Division. Quite frankly, it is a case of teaching “grandmothers how to suck eggs”.  MAS had to pay good money as salaries and perks to these two handpicked “corporate gurus” by Tan Sri Azman Mokhtar and yet they needed consultants to think for them. It is laughable.

Under the circumstances, saving MAS is a foregone conclusion! Perhaps it is also a case of “Kepimpinan Melalui Tauladan”. Under Tan Sri Azman Mokhtar leadership, it has became Khazanah’s culture to engage consultant firms to think for them. The Government must account to Parliament what is the total payment made to consultant firms during Tan Sri Azman Mokhtar’s reign In Khazanah from June 2004 until today.     

Updates @ 6:45 pm on 14-3-2012: YB Datuk Nancy, Batang Sadong MP, criticised the MAS – AirAsia share swap and CCF and called for the Government to reverse or cancell the them forthwith as it was not in the interest of the country.  Yours truly believes that there will more MPs calling for the said share swap to be reversed as it was a failure from day one. It is hoped that Tan Sri Azman Mokhtar, MD of Khazanah and the ex-business partner of Rashdan when they were together in BinaFikir Sdn Bhd, will take note. 

Cost cutting to turn around MAS said the TRIO. The TRIO consists of En Ahamd Jauhari Yahya (AJ) Group CEO of MAS, En Mohammed Rashdan Yusof aka Danny (Rashdan), who is Tan Sri Azman

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Perjanjian MAS, AirAsia batal?

Tan Sri, who is your "winner" in the secret share swap?

Updates: 12-03-2012 @ 9:15 pm:  TV3 prime time news at 8:00 pm also gave a lengthy report with regards to the news of “reversing or cancellation” of the secret MAS-AirAsia share swap and CCF. Of course, Khazanah headed by Tan Sri Azman Mokhtar, the ex founder of BianFikir Sdn Bhd refused to comments on the news. Tan Sri Tony Fernandes of AirAsia Bhd, AirAsia X Sdn Bhd and Tune Air Sdn Bhd has tweeted to say that he was not aware of the said news.

Yours truly has read an interesting article in Utusan today at page 18 with the headline “Perjanjian MAS, AirAsia batal?”. It said “sebelum ini, pertukaran saham antara syarikat penerbangan itu menimbulkan banyak polemik sehingga Suruhanjaya Sekuriti (SC) dan Bursa Malaysia terpaksa menjalankan siasatan.” The most interesting of all is “… bahawa kerjasama hanya memberi keuntungan besar kepada AirAsia.” (“… that the said co-operation only benefited AirAsia.”). Please read  in HERE, HERE, HERE, HERE & HERE. 

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TRIO’s actions endorsed by Khazanah & Tune AIr

As suggested by one of the readers and contributors, Time Traveler, the above is the page 12 of the slide show that was presented during the Special Briefing by the famous TRIO, En Ahmad Jauhari Yahya (AJ), MAS Group  CEO, En Mohammed Rashdan Yusof aka Danny (Rashdan) (Group Deputy CEO and Tan Sri Azman Mokhtar’s ex-business partner in BinaFikir Sdn Bhd and crony, and En Rozman Omar (Rozman), Group CFO), the newly crowned CFO of MAS and ex-AirAsia high ranking officer. The said page 12 of the slide show clearly indicated that whatever PLANS of the TRIO, in particular Rashdan, to so-called strengthen the Balance Sheet of MAS have been endorsed by Khazanah and Tune Air.

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AJ & Rashdan: MAS or MAS management is in crisis?

The ex-business partners in BinaFikir Sdn Bhd

Updates 6-3-2012: Apparently there was no due diligence carried out before inking in the much talked about secret MAS-AirAsia share swap wrote Outsyed The Box. Well, on 14-8-2011 five days after the said secret share swap agreement was inked by Tan Sri Azman Mokhtar, MD of Khazanah Nasional Bhd (Khazanah) and ex-business partner of En Mohammed Rashdan Yusof aka Danny Boy, Tan Sri Azman Mokhtar admitted to the bloggers on that very night that the option to purchase the 10% share of AirAsia X Sdn Bhd was a “DODGY DEAL”. Despite it was a “dodgy deal” Khazanah went ahead to appoint Morgan Stanley Investment Banker to evaluate the share of AirAsia X Sdn Bhd. By now Khazanah may have had exercised the the said 10% option. Typical of the people from the famous “Bina Tak Fikir”. Yours truly will try to get answers about this “DODGY DEAL”  from Parliament when Parliament is in session commencing March 12, 2012.  Read HERE for the article: AirAsia “Now Everyone Cannot Fly” , “Is AirAsia that cheap?” by the Mole in HERE and HERE.

On 1-3-2012 En Ahmad Jauhari Yahya (AJ), the MAS CEO, and his deputy, En Mohammed Rashdan Yusof aka Danny (Rashdan), the ex-business partner of Tan Sri Azman Mokhtar (Amok) in BinaFikir Sdn Bhd, have proudly announced that MAS posted RM2.5 bilion losses for year ending 2011. AJ also said that MAS is in crisis! Perhaps it is a case of MAS management is in crisis because they are clueless about the aviation industry. Please read in HERE for the press report. 

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Petition Campaign: “HENTIKAN KEMUSNAHAN MAS”

The logo for the Petition Campaign against the MAS - AirAsia share swap & CCF

Yours truly has been alerted by Anak Malaysia that a Petition Campaign has been launched against the secret MAS-AirAsia share swap and the “Comprehensive Collaborative Framework” (CCF). The said secret share swap and CCF were the brainchild of Tan Sri Azman Mokhtar, the MD of Khazanah Nasional Bhd, and his ex-business partner of BinaFikir Sdn Bhd and crony, En Mohammed Rashdan Yusof a.k. Danny (Rashdan). After a short span of 8 years BinaFikir Sdn Bhd was sold to Maybank Bhd for a whooping RM8 million! 

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Since 2004 there were complaints of “Misleading Pricing” in AirAsia’s website!

Tan Sri Tony Fernandes, the CEO of AirAsia

In the story of Australian Competition & Consumer Commission (ACCC) having filed a suit against AirAsia for its misleading pricing in its website, AFP has stated that AirAsia could not be reached for comment. This was most unusual by AirAsia’s standard. Read in HERE. However, a few days later, AirAsia has responded with a press release stating that “… we took corrective action and are focussed on ensuring that our customers have all relevant information on our fares…” For full report please read in  HERE.  Well, yours truly leave it to the readers to judge whether this is true. 

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The MYCC “hush-hush” public meetings!

YB Datuk Ismail Sabri: Why was the public hearings on MYCC done in a hush-hush manner?

Updated @ 10:15 pm on 12-12-2011: Please read this interest article in HERE.

On 9-12-2011 Domestic Trade, Cooperatives and Consumerism Minister, YB Datuk Seri Ismail Sabri told the nation that Malaysian Competition Commission (MYCC), which will be headed by YA Tan Sri Siti Norma Yaakob (a former Chief Judge of Malaya), will consult members of the public before the implementation of the Competition Act 2010 on 1-1-2012.

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