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Dep MOF: SC and Bursa KL have commenced investigations into insider trading and non-announcement of the secret MAS – AirAsia share swap

YB Senator Datuk Awang Adek with Tan Sri Tony Fernandes during the "Sleepy Era"

In reply to yours truly questions on the secret MAS – AirAsia share swap during the Committee Stage of the Budget Debate on 2-11-2011, HERE,  the Deputy Minister of Finance, YB Senator Datuk Awang Adek, told Parliament before noon today as follows:

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TF didn’t tell the whole truth about AirAsia X & RAS

One not telling the truth and the other condoning it!

Updated: 25-10-2011 Please read the article quoted from Business Time report dated 21-7-2006AirAsia not the ‘golden child’. You will see from this report how AirAsia got all the helps (i.e. AirAsia was given 91 trunk routes and etc) from the Badawi’s Administration under the so-called “domestic air rationalisation exercise” and AirAsia grew at the expense of MAS.

Below was what Tan Sri Tony Fernandes had been reported to have said as reported by the Star on 26-4-2007 when the then Minister of Transport, Datuk Chan Kong Choy, announced that FAX/AirAsia X Sdn Bhd had to return the Rural Air Services (RAS) in Sabah and Sarawak to MAS.

“Fernandes said FAX would be launching AirAsia Long Haul operations soon, and that it would be too distracting to operate turbo-propeller aircraft as well.”

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Dr Wafi: MAS employees questioning the wisdom of the “matrimony”

The learned Dr Wafi Nazrin Tan Sri Abdul Hamid, who is an expert in Competition Law

Below are the latest exchanged of e-mails between Dr Wafi Nazrin Tan Sri Abdul Hamid (Dr Wafi) and En Matdiah Mohammad, the Secretary of MASE. By right Dr Wafi should not feel so jittery about the outflow of informations from MAS if the secret MAS – AirAsia share swap really meant to save MAS i.e. encouraging collaboration between MAS/AirAsia and not to stifle MAS/Firefly. As a professional, Dr Wafi should call a spade and spade. The outflow of informations from MAS employees are nothing if compare to the informations that are accessible to the directors of MAS. Dr Wafi should be more concerned about the outflow of information to the competitors of MAS unless he knew that the spirit of the secret share swap and the so-called “Collaborative Framework” were meant to stifle MAS and Firefly indirectly.

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Parliamentary Questions For October Session 2011

Updated on 22-9-2011 @ 6:10: Please go to Outsyed The Box to read “7 reasons why Khazanah should not undertake the share swap between MAS and AirAsia by troubleshooter”. It is very interesting to read the seven reasons in the said article. Perhaps YB Tan Sri Nor Mohamad Yacob, the former very powerful Minister of  Finance II under the Badawi’s Administration, Tan Sri Azman Mokhtar, the MD of Khazanah, Tan Sri Md Nor Md Yusof, the then MD of MAS during the famous WAU and the newly crowned Chairman of MAS after the secret share swap, En Mohammed Rahsdan Yusof, co-founder of BinaFikir Sdn Bhd with Tan Sri Azman, Datuk Azman Yahya, the reappointed MAS director of Scomi fame, can learn a thing or two from the said articles. After reading the said article, it is hoped that the abovenamed personalities will see the light and stop the secret share swap and reverse all the recent decisions that were detrimental to MAS/Firefly i.e. cancelation of Firefly’s full load flights during festive season, termination of Firefly’s profitable routes from JB to KK and Kuching, the RM18 sponsorship of home jersey for QPR,  and the most recent termination of MAS profitable route from KLIA to Bandung (Indonesia) and others that have not been exposed. Please read HERE.   

Parlimen Malaysia

Soalan-solan untuk jawapan lisan Sessi Parlimen bermula Oktober 2011

Soalan-soalan versi Bahasa Ingeris di bawah.

1. Tuan Wee Choo Keong [Wangsa Maju] meminta Menteri Kewangan menyatakan:

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YB Tan Sri Nor Yakop and Tan Sri Azman Mokhtar: It is never too late to say “NO”!

The then Minister of Finance II under the Tun Abdullah's Administration, Tan Sri Nor Mohamad Yacop

Updated @ 9:55 pm on 20-9-2011: MAS has terminated its service KLIA – Bandung – KLIA as from 4-10-2011. Please visit the MAS website and see for yourself in HERE. This is another profitable route that has been terminated by this whizz kid En Mohammed Rashdan Yusof and his management team. The profitable routes of JB – KK & Kuching – JB were also terminated from 15-9-2011. During the recent Hari Raya season, several Firefly full load flights were also canceled. The new Managing Director should now reviewed all decisions taken by this whiz kid Rashdan and his management team. He should immediately stop this whiz kid Rashdan from running “Amok” in MAS before its too late.   

Yours truly has received three comments yesterday evening at 6:14 pm, 6:17 pm and 6:25 pm.  First comment under the name of DC with the e-mail address of uijencheah@gmail.com and the subsequent two under the name of PuteriWangsaMaju with the e-mail address of proud2bemalaysian@gmail.com.   

All the three comments were from the same IPP address: 203.142.32.113  They were from the same person with different names. The comments are reproduced below. 

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Rashdan proudly attended the QPR jersey sponsorship press conference

Extreme right is En Mohammed Rashdan Yusof, the newly crowned Executive Director of MAS after the famous secret share swap . Just look at this picture, he was dominated by AirAsia girls. MAS has nothing to show in this press conference yesterday. This was how En Mohhamed Rashdan Yusof was looking after the best interest of MAS! Thank you Rashdan for being an obedient servant!

Yesterday En Mohammed Rashdan Yusof aka Danny (Rashdan), the newly appointed Executive Director of MAS after the the MAS-AirAsis share swap deal that was shrouded with secrecy, flew to London to sign RM18 million jersey sponsorship agreement with Queens Park Rangers (QPR) from yesterday for 2 years, in HERE. This didn’t come as a surprise. Well, 6 days after signing the said secret share swap, Tan Sri Tony Fernandes was reported to have bought 51% of QPR, in HERE. On the same day, Tan Sri Tony Fernandes (Tony) of AirAsia Bhd and Mr Briatore, the former QPR’s chairman, watched QPR being trounced at home by Bolton Wanderer with a score line of 4-0 at home. Perhaps this was a clear warning to the YAB Datuk Seri Najib’s Government:  “Beware of good samaritan like Tony!”

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Rashdan: Do you know about the RM50 ancillary charges imposed by the so called “No Frills” AirAsia

Please look at the list of unreasonable charges imposed by AirAsia, hailed by Tan Sri Tony Fernandes as “No Frills Airline”. What a good lobbyist!

The extra charges that a passenger had to pay for the "No Frills Airline"

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Cabinet must say “NO” to Tony

This is the type of KLIA-2 that Tan Sri Tony wanted

Tan Sri Tony Fernandes wanted LCCT for AirAsia. The Tun Abdullah’s Administration built for him costing the nation more than RM200 million. AirAsia was also allowed to owe huge airport tax debts for years under the same Administration. He wanted Rural Air Services (RAS) the same Administration gave him with a reward of about RM65 million subsidy. In less than a year he dumped the RAS to MAS with seven un-airworthy aircrafts plus a bill of RM35 million to MAS. Khazanah Nasional Bhd pretended not to know about it. MAS had to absorb the RM35 million. A year or so ago he wanted to build his own airport in Labu. Sime Darby was very keen under the leadership of Datuk Zubir. Luckily the Government under Datuk Seri Najib said “NO” to him. He wanted the new KLIA-2 without aerobridges, MAHB said “YES SIR”, in HERE.     

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