PAC to investigate into the secret MAS-AirAsia share swap

PAC Chairman, YB Dato" Hj Azmi Khalid (MP for Padang Besar)

During the Committee Stage of the Budget Debate this evening (2-11-2011), yours truly had to bring up the secret MAS-AirAsia share swap again because the Minister of Finance II did not answer the points raised during the Budget Policy Debate.  Yours truly also questioned the Public Account Committee (PAC) whether it will investigate the said share swap. YB Dato’ Hj Azmi Khalid (MP for Padang Besar) told Parliament that PAC has decided to investigate into the secret MAS-AirAsia share swap. He has also told Parliament that when PAC visited KLIA and LCCT yesterday, he saw that many Firefly AirAsia aircraft were grounded. This must be part of the so-called “Collaborative Frameworks” as announced on 9-8-2011  by Tan Sri Azman Mokhtar, the MD of Khazanah and a former business partner of En Mohamed Rashdan Yusof (the newly crowned Deputy CEO of MAS) in BinaFikir Sdn Bhd

BinaFikir Sdn Bhd was appointed by Tan Sri Md Nor Md Yusof, the newly crowned chairman of MAS after the said secret share swap, in order to save MAS from the brink under the project known as WAU. Read HERE. It seemed that WAU was a failure. Hence the said secret share swap.

YB Datuk Hj Mohamad bin Aziz (MP for Sri Gading), YB Bung Moktar (MP for Kinabatangan) and other BN MPs have condemned the said secret share swap and described those involved in the said share swap as “PEROMPAK”. Yours truly has described those involved as “PENGKHIANAT dan PEROMPAK NEGARA”

Yours truly has reminded the Deputy Minister of Finance, YB Datuk Awang Adek, that on 13-10-2011 the YAB PM/Minister of Finance has told Parliament that the SC and Bursa KL will investigate into the allegations of insider trading and the directors in MAS and AirAsia Bhd for failing to make the relevant announcement to Bursa KL prior to the suspension of the said secret share swap. Read HERE & HERE.

Yours truly has also asked the Deputy Minister of Finance why up to this date there was no actions by SC and Bursa KL over the said allegations and whether SC will invite MACC to join SC and Bursa in the investigations.  The said Debate ended at 10:30 pm on 2-11-2011.  Deputy Minister of Finance will reply to all the points raised by MPs this afternoon (2-11-2011) after Questions time at 11:30 am.

Advertisements

14 comments

  1. Never give-up, never surrender YB. Keep on fighting till we get the real “perompak & pengkhianat negara”.

    By the way, what’s your take re the current fight by some individuals that reside overseas to be registered as “absent voter”? IMO, people who do not live in MY, do not have the right to vote in MY. Why? Becoz they do not “benefit” from the results of their vote. Let’s say something bad were to happen in MY due to their votes, they are cosily settled in other countries..circling like a vulture from afar… while the rest of us has to suffer the consequence.

    • RCZ

      The Select Committee on Electoral Reform has yet to discuss on this subject. So far a lot of discussions on the role of Election Commission.

      Thank you.

      Regards

      wee choo keong

  2. done, YB. Many AA planes grounded due oversupply, could have been more if AA did not defer the aircraft deliveries. All waiting routes from MAS CCF. Why the hell the new MAS management invited TF and KM to brief and con the staff on the CCF. This further proves that the new Management are TF’s gaji but a puppet and the share swap was his idea to save his many grounded planes and billion dollar liabilities. Tony dey, you can sell fridge to the Eskimos and Virgins to Branson but you can never sell MAS to Malaysians.

  3. YB, just to update you all today in townhall session, TF and KM denied they owe money to government claiming no idea why government also suing them woh! The audience asked TF to make press statement announce to public about their situation where KM said AA didn’t owe money/dues to government but TF later admitted they are fighting to reduce the airport tax charges because they felt they have been overcharged by the government.

    You see – such an dishonest personality both TF and KM.

    Today they exchanged information about how AA runs its business concept in Malaysia Academy. Sounds like a lot of antitrust activities is being practiced by both MAS and AirAsia to control the market for surviving from competition.

    This is antitrust violation already. Someone in the audience condemned about MAS’s profit in certain section has gone missing. And alerting AJ to be aware of TF and KM who will bite back and kill from behind.

  4. At the town hall held yesterday….TF told MAS staffs to give him a chance to prove that he is helping MAS. TF said SQ is trying to bring MAS down and also trying to create havoc between MAS – Air Asia. For your info, SQ doesn’t bother what MAS is doing coz MAS is chicken Feet to SQ but MAS is a threat to AA.

    TF also told MAS staffs to speak to the AA staffs and find out from them if it’s worth working for AA and he also said if his staffs dislike him then surely most of them will resign.

    He also told MAS staffs to give this new management team and they are here to hel the National Carrier.

    My questions is if they are really trying to “HELP” the national carrier,

    1. Why cancel those routes which is profitable to MAS eg Bandung, Johor-Kuching and Kota Kinabalu and many more?

    2. Why terminate the Firefly jet service in KLIA?

    3. Why waste so much money to sign for a home jersey (QPR) RM18 Million?

    4. How can one help the other when he himself owe others so much and can’t afford to pay?

    The bank that put up an advertisment saying that they help Air Asia expand their fleet but now AA got so many aircraft thats grounded, does that means the bank is also giving TF a huge discount on the debt?

  5. Guys, let’s support YB for his courages and dignity as Malaysian proving to us there is hope in those elected MPs such as like YB Wee Choo Keong. We now ask TF and KM to get the hell out of MAS immediately.

  6. what the hell…he said the SQ will bring MH down???i’m in SQ rite now and i’m Malaysian former MH crew. SQ is doing well without thinking to bring down any airlines. we dont bother others…what we r told to do is to improve ourselves to give the best services to the guest…we are also talking whats the current MH…most of SQ staffs think that TF will assure and bring MH down actually…dont blame others…blame yourself bloody TF…before SQ is respect MH and SQ look MH is the best competitor is this region but now looks like we have advantages because of the TF so called ‘collaborative framework’…poor MH…i’ll definitely sure that MH will left behind others especially OZ, TG and ofcoz SQ and other Asian Airlines which are most of them are currently doing well… More former MH crews are coming here…they said they are coming here because most of them afraid that they couldnt survive in MH according to what is happening in MH now…

    saya sedih dengan apa yang berlaku terhadap MH…sebagai rakyat Malaysia saya berharap MH akan lakukan sesuatu…Saya masih sayangkan MH…bak kata orang hujan emas di negeri orang, hujan batu di negeri sendiri…lebih baik negeri sendiri…

    orang Malaysia (TF and the bloody idiots in MH) sendiri yang nak jatuhkan MH…

    Rakyat didahulukan, Pencapaian diutamakan…

  7. what the hell…he said the SQ will bring MH down???i’m in SQ rite now and i’m Malaysian former MH crew. SQ is doing well without thinking to bring down any airlines. we dont bother others…what we r told to do is to improve ourselves to give the best services to the guest…we are also talking whats the current MH…most of SQ staffs think that TF will assure and bring MH down actually…dont blame others…blame yourself bloody TF…before SQ is respect MH and SQ look MH is the best competitor is this region but now looks like we have advantages because of the TF so called ‘collaborative framework’…poor MH…i’ll definitely sure that MH will left behind others especially OZ, TG and ofcoz SQ and other Asian Airlines which are most of them are currently doing well… More former MH crews are coming here…they said they are coming here because most of them afraid that they couldnt survive in MH according to what is happening in MH now…

    saya sedih dengan apa yang berlaku terhadap MH…sebagai rakyat Malaysia saya berharap MH akan lakukan sesuatu…Saya masih sayangkan MH…bak kata orang hujan emas di negeri orang, hujan batu di negeri sendiri…lebih baik negeri sendiri…

    orang Malaysia (TF and the bloody idiots in MH) sendiri yang nak jatuhkan MH…

    Rakyat didahulukan, Pencapaian diutamakan…

  8. Azman Mokhtar, Rashdan, Md Nor dan Nor yacop memalukan orang Melayu. Diputar belik oleh seorang Pariah/Pembohong besar. Kerajaan harus menarik balik gelaran Tan Sri daripada Azman dan Nor Yacop mereka tak layak dengan gelaran Tan Sri. Gelaran baru yang sesuai sekali untuk mereka adalah Pariah Azman, Pariah Md Nor dan Pariah Nor Yacob.

    Pegawai Khazanah dan MAS jangan memalukan bangsar Melayu. Halu keluar si Pariah dari Lembaga Pengarah MAS dan premis MAS. Itu Datuk Kamarudin Meranun pun mesti dihalau kelaur kerana dia bersekongkol dengan binatang Pariah itu.

  9. Well said Proud to be Malaysian.

    Toni is getting very desperate, he is blaming everybody except himself and trying very hard to invoke patriotism by attacking SQ.

    Shit, this guy is not just a con man but also a treacherous zealot

  10. I totally agreed with Proud to be Malaysian. TF is really a bloody snake, he is the one who is trying to cause havoc and bring other airlines down so that AA will be the only airline flying.

    Thamby TF, don’t forget that GOD is watching you. Well maybe you don’t even have a GOD that’s why you are such a snake and bloody .. . TF, you must have not heard of this saying “BULL SHIT MIGHT GET YOU TO THE TOP BUT WON’T KEEP YOU THERE”

    Bloody TF, must have eaten lots of cow dungs and that why he get to top fast but he must not forget that one day he will be like the Turkey who wanted so much to perch on the tree top and the Turkey pecked on the cow dungs which got him there but he was shot by the farmer. Well TF, I am waiting to see that happen to you….got “SHOT DOWN” by the RAKYAT.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s