For Part 1, 2 and 3 of this topic please read HERE, HERE and HERE.
1-5-2012 The notorious MAS – AirAsia share swap was unwound by PM YAB Datuk Seri Najib, HERE.
IJM
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
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.”
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,.
TS Azman of SCOMI, Dato’ Rohana of ASTRO & TS Tan of IJM should resign
Updates at at 10:45 am on 8-9-2012:
Does MAS need Martin Gilbert Barrow as an Advisor?
Updated at 9:30 pm on 9-7-2012.
Mr Martin Gilbert Barrow (Martin), who was appointed to the Board of MAS during the time when the late Tan Sri Azizan was its chairman in 2001. At that material time, he has no aviation experience at all except that he was a friend of someone in the Board of MAS.
Two down, three more to go!
En Mohammad Rashdan Yusof (Rashdan) aka Danny, the appointed Deputy Group CEO of MAS has finally left MAS for good on 30 June 2012. It is believed that Rashdan will have no problem in going back to Khazanah as his former business partner in BinaFikir Sdn Bhd, Tan Sri Azman Mokhtar, is there to accommodate … Read more
Tan Sri Wan Azmi steps down from MAS, the aviation expert Dato’ Rohana of ASTRO hangs on
Below were some of the points raised at the AGM of MAS this morning.
MAS AGM tomorrow: Why Tan Sri Azman Yahya of SCOMI is not seeking re-election
Updates @ 9:05 pm on 21-6-2012: Tan Sri Wan Azmi binWan Hamzah steps down from MAS Board during the AGM. The other aviation experts like Tan Sri Azman Yahya, Tan Sri Tan Boon Seng of IJM, Dato’ Rohanan binti Rozhan from ASTRO and David Lau Nai Pek are holding on to their directorship even though they could not show what were their contributions for the past TEN MONTHS. Tan Sri Wan Azmi;s said decision should be applauded and a very responsible acts.
One would have thought that Tan Sri Azman Yahya is a very busy man with so many companies to take care of especially SCOMI. The four chose to remain for reasons best known to themselves. Will do another posting soon about those remaining.
Updates @ 12:50 pm on 21-6-2012: The minority shareholders were questioning the competent and integrity of members of the Board of directors of MAS. They have also expressed their discontent with regards to their performance. From 10: 10 am this morning until now, the Board was still facing heavy criticisms from the shareholders. They could not even proceed to pass Resolution 1 to approve the Financial Statement let alone their Re-elections. The Board have been subjected to severe embarrassment. Yours truly has been informed that Tan Sri Azman Mokhtar’s most trusted crony, Rashdan, did not attend the AGM.
Yours truly must apologies for not been able to attend because your truly question on the BinaFikir‘s consultancy fees and the 12 companies involved in the fuel hedging losses for RM3.3 billion for Parliament was No: 4 on the list. It was answered at 10: 30 am this morning. It will be posted here later.
After the MAS-AirAsia share swap, the brainchild of the little Napoleons in Khazanah Nasional Bhd, MAS will now hold its AGM on 21-6-2012 at 10:00 am, MAS Academy.
Parliamentary Questions for June Session
SOALAN – SOALAN UNTUK SESI PARLIMEN JUN 2012 OLEH YB WEE CHOO KEONG [WANGSA MAJU]
TO SAVE MAS AJ, Rashdan, Shane Nollan, Rozman, Azhari, Datuk Azman Yahya, Datuk Rohana & others must be OUT
Updates @ 4:30 pm on 18-5-2012: Please read “Rafidah gone off her rockers”. If YB Tan Sri Rafidah Aziz has gone off her rockers then AJ has gone senile to have signed the secret “Supplementary Collaborative Agreement” and two MOUs with AirAsia/AAX almost immediately after the secret share swap was unwound. Until this day AJ could not reveal what were the exact nature of the collaborations. So far, what we have witnessed was a collaboration based on “MAS gives ALL, AirAsia/AirAsia X take ALL”, in HERE.
The secret MAS-AirAsia share swap has been unwound by YAB PM, YAB Datuk Seri Najib Tun Abdul Razak, on 2-5-2012.
It must follow suit that all the appointments that were made after the said secret share swap must also be terminated because those appointments were made under the ill thought out advice and an undue influence of those irresponsible personalities in Khazanah especially, En Mohammed Rashdan Yusof aka Danny (Rashdan), the Tan Sri Azman Mokhtar (Amok)’s most trusted crony and ex-business partner in BinaFikir Sdn Bhd, in HERE.