Budak Tingkat 4 are running amok in GLCs, government enforcement agencies including Bank Negara! Board of Governance in BNM is asleep!
After the signing of the scandalous “MAS-AirAsaia Share Swap (SUAP), Tony Fernandes was bragging that he got MAS under his ARMPIT! How disgusting!
In PART 1 we stopped at the sorry state of Rural Air Service (RAS) and Fly Asian Express Sdn Bhd (now AirAsia X) where six aircraft were grounded due to un-airworthiness and another one was cannibalised for spare parts, and how MAS was left to pickup the pieces thereafter.
When Yg Bhg TAN SRI ABDUL AZIZ ABDUL RAHMAN retired as the CEO/Managing Director of MAS, he left MAS with RM5 billion cash reserve. During his tenure as CEO, MAS employees have been paid yearly bonuses.
When MAS Group CEO, En Ahmad Jauhari Yahya (AJ), is busy with the problems of the missing MH 370, En Aminuddin Zakaria, the deputy to that highly qualified CEO of MRO Tuan Azhari Dahlan was busy threatening staffs at the MAS
Updates @ 9:30 pm on 19-9-2013: On 15-9-2011 The MD of Khazanah Tan Sri Azman Mokhtar has been quoted to have said that “The recently inked home jersey sponsorship with Barclay Premier club Queen Park Rangers is a good deal for the national carrier”. He also told newsman that “We think that we got a good deal to stand on its own commercially. I think all the numbers are there, we just need to add value”. Read HERE.
Yours truly believe that at that material time many Malaysians also share the same thoughts as Tan Sri Azman Mokhtar, who is a known to be a corporate GURU in Malaysia. Many have claimed that Tan Sri Azman Mokhtar through his BinaFikir‘s “WAU” had also saved MAS from the brink. Please read below the events after 18-8-2011 where MAS was supposed to pay £3.2 million more than AirAsia for the said sponsorship and got less for it. Was it a good deal after all?
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In Part 1 of this article, it was clear that Khazanah, CIMB, MAS and AirAsia are fuilly aware of the provisions of the Competition Act 2010. MAS and AirAsia have sought the advice of the consultant, Bain & Co, on anti-trust laws/Competition Act 2011.
Jaringan Melayu Malaysia (JMM) has called for Tan Sri Abdul Aziz Zainal, the former Malaysian ambassador to France and General of Malaysian Arm Forces, to take over the chairmanship of MAS from Tan Sri Md Nor Md Yusof. JMM is confident that Tan Sri Abdul Aziz would be able to bring MAS back to its former glory, in HERE.
On 26-10-2012 Datuk Hj Ibrahim bin Hj Ahmad Badawi, the brother of the former PM (YB Tun Abdullah Badawi) and also the Executive Chairman and majority shareholder of Brahim’s Holding Bhd (Brahim’s Holding) was quoted by the Star to have said: “We want to work with MAS.” For the full Star report read in HERE.
