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.
Tun Abdullah Badawi
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,.
BK Sidhu quoting sources again, Idris Jala & AJ had to clarify
The highly acclaimed journalist Ms BK Sidhu, who has just being promoted as the new Editor of StarBiz, had quoted an unknown source that the AirASIA X IPO SHARE will be over-subscribed by 3 to 4 times which later turned out to be FALSE.
MAS staffs: Big Brothers are watching you!
In April 2012 the top management of MAS was seemingly busy with the great ideas of turning around MAS with equally great plan to block internet mail access.
Tony: The truth hurts!
Tony Fernandes’ Comment:
Tony Fernandes
MP Wee,
Your comments are disgraceful for a Member of Parliament.
AirAsia X has been open about the RAS issue. All our accounts have been audited by the Auditor-General’s Office. If there remains dissatisfaction, we are more than happy to have the Public Accounts Committee go through the accounts again.
Time and time again, you have repeated your baseless allegations. Yet, each time we suggest a face-to-face meeting, you have refused to accept our offer.
The last straw is dragging my late mother into this issue. There is no need to get personal. I am sure you would not want anyone to denigrate your family members as well.
Once again, I extend you an invitation to AirAsia X to meet with our management team so that we can answer any queries that you have. Azran, Kamarudin and I are at your disposal. We hope that together we can lay the issue to rest.
Tony
TF didn’t tell the whole truth about AirAsia X & RAS
Updated: 25-10-2011 Please read the article quoted from Business Time report dated 21-7-2006 – AirAsia 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.