On 29 February 2012 En Ahmad Jauhari Yahya,(AJ) , En Mohammed Rashdan Yusof aka Danny (Rashdan), Tan Sri Azman Mokhtar’s ex-businesss partner in BinaFikir Sdn Bhd and crony, and EnRozman Omar (Rozman), the newly crowned CFO of MAS and ex high ranking officer of AirAsia, briefed the media of the performance of MAS for the 4th Quarter and FY 2011. They have produced figures based on the UNAUDITED ACCOUNTS of MAS to the media that showed MAS has suffered huge losses to the tune of RM2.524 billion. The said losses must have shaken the Government and nation. Why was there a desperate need to make such a sudden briefing/announcement at this particular time? It was done some 12 days before the commencement of Parliament on 12-3-2012. What a coincidence!
Updated @ 12:30 am 15-12-2011: MyCC to investigate into the MAS -AirAsia share swap comes Jan 1,HERE.
MAS has announced on 18-02-2010 that 0n 16-2-2010 it had received a complaint filed in the US District Court for Eastern District of New York on behalf of Benchmark Export Services and six other plaintiffs against MAS and 11 other defendants on the allegations of price fixing airfreight shipping services and fuel surcharge and etc. MAS has denied such infringement. On 11-7-2011 MAS paid US$3.35 million as an out of Court settlement which can be considered as the lowest settlement sum under anti-trust laws.
