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Axiata

Will The Shining Star Of Ambitious But Incompetent Zafrul Shine After GE15?

Shining star of Zafrul with his list of great achievements. His involvement in Venture Capital. Controversial merging of ECM Libra and Venture Capital. Let’s watch whether he could realise his new found dream in Kuala Pilah!

BANK NEGARA: Now Every PN17’s Related Companies Can Apply For Digital Banking Licence!

Update on 30.3.2022 @ 5:15 pm: At last Bank Negara Malaysia has woken up about the problems that will arise from “Buy Now Pay Later Scheme” (BNPL). It is only now that BNM, SC and MOF are looking into passing new laws to regulate BNPL Scheme. What a joke! It is a case of “closing … Read more

Belated congratulations to the newlywed!

Congratulations to the newly wed – Yg Bhd Dato’ Sri Mohammed Shazalli Ramly & Datin Sharifah Menjelara Husein aka Lara,  at W Resort, Seminyak, Bali, Indonesia.

A belated congratulation to the newlywed couples of the year!  The couples have tied the knot in mid February, 2018.   At last, nurturing this special relationship for many years to fruition in style with selected friends at none other than the W Resort, Bali, is the ultimate for most couples.  

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TS Azman Mokhtar, Rashdan, Tony Fernandes, Kamaruddin, Md Nor Md Yusof and AJ must be held responsible for the fine of RM20 million – Part 1

The Happy Family of the MAS-AirAsia share swap and the architects of the violation of the Competition Act.
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 Rashdan Yusuf aka Danny & Dato’ Sri Nazir Razak of CIMB

Updates @ 6:50 pm on 11-9-2013:  “The avenging goddesses eventually caught up with anyone who had outraged all decency by killing their father, marrying their mother or serving red wine with fish.” By Jonathan Guthrie of Financial Times, UK

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.”

Deloitte was fined 14,000 Pound Sterling
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,.

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