Updates @ 12:30 pm on 31-5-2012: Rumour has it that Mr Shane Nollan of PlaneConsult, who had played a very significant role in the uplifting of the 35,000 passengers from AAX Sdn Bhd with very low fares and the Re-Accommodation Agreement, has ended his “honeymoon” as Acting Commercial Director of MAS yesterday. Was his tenure ended abruptly? Is PlaneConsult still doing the “CONSULTING” work for AJ?
It seems that Rashdan, the Amok’s most trusted crony, is still running “AMOK” in MAS. He was seen accompanying AJ in the inaugural A380 flight from Paris to KL yesterday.
Can someone in MAS help to confirm the above? Thank you
YB Datuk Seri Ahmad Husni Hanazlah, Minister of Finance II said that MAS has been instructed to submit its projection plans to the Government to monitor its performance and ensure it remain competitive. MAS has been also instructed to submit its projection plans for the next five years to the government. For full report in Sun Daily please read in HERE.
This was a very good move by YAB Datuk Seri Najib Tun Abdul Razak‘s Government. Yours truly believes that generally MAS staffs are very grateful that the MAS – AirAsia share swap was unwound on 2-5-2012 by the initiatives of the YAB PM and now that the Government is closely monitoring MAS.
Sir, on behalf of MAS staffs yours truly would like to take this opportunity to say Thank You to you, YAB PM. It was a decision that will be supported by all MAS staffs and other Malaysians except a few interested parties and the little Napoleons in Khazanah.
It was undeniable that the said share swap was hatched secretly by a few little Napoleons in Khazanah headed by Tan Sri Azman Mokhtar (Amok)’s most trusted crony, En Mohamad Rashdan Yusof aka Danny (Rahsdan) as we can see from his interview with the Edge, in HERE.
The little Napoleons in Khazanah must take full responsibility for the said share swap because it was hatched in secrecy and without proper due diligence done as required under good corporate governance especially on matters involved our national assets like MAS. After all, Khazanah under Amok is known to appoint consultant firms to think for them and to tell them what to do.
Why was this not done in the said secret share swap? Perhaps time was of the essence at that material time not to really save MAS but … Yours truly leaves it to you to judge.
It has been reported in the Sun that Rashdan is out of MAS. For sure this is not the decisions of the little Napoleons in Khazanah. It must be the decision of YAB PM Datuk Seri Najib who has now know what the said share swap was all about and that the government was ill advised by the few little Napoleons in Khazanah, who are no longer almighty like what they were during the Sleepy Age.
Just like the BinaFikir Sdn Bhd’s consultancy fee paid by MAS in 2002 for WAU Project where the Deputy Minister could not get any information on the total sum paid because the little Napoleons inKhazanah have invoked the “CONFIDENTIAL or NON-DISCLOSURE CLAUSE” to protect certain powerful individuals because the fees was just too huge, in HERE.
We shall see for long the little Napoleons in Khazanah can hide behind this Clause and to what extend they want to belittle Parliament and the Government. For the moment, it would appear that a few little Napoleons are above Parliament. Parliament will commence on 12 June 2012 and many questions on MAS have been tabled for answers, in HERE.
These little Napoleons in Khazanah and MAS must be brought down to earth once and for all. The Chief Napoleon, Rashdan, who was one of those responsible for the said secret share swap, must be thoroughly investigated by all the regulatory bodies including Securities Commission and MACC.
It has been many months now that the SC has yet to announce the result of its investigation into said share swap and the insider trading. Now that Datuk Ranjit Singh, who has impeccable reputation, has been appointed as the Chairman of SC, it is hoped that the result of the investigation can now be tabled in Parliament in June 2012 as promised, in HERE.
The Government must initiate actions against those little Napoleons in Khazanah especially Rashdan, the Amok most trusted crony and ex-business partner in BinaFikir Sdn Bhd because he had admitted in his interview with the Edge that “It was Malaysian Airlines System bhd (MAS) Deputy Group CEO En Mohamad Rashdan Yusof (picture) who helped Khazanah Nasional Bhd to broker the share swap with Tune Air the largest shareholder of AirAsia last year.”, in HERE.
Rashdan’s sudden resignation should not be in any way exonerated him from what he had done to MAS through the secret share swap. He and the little Napoleons in Khazanah must be brought to book so that in the future these little Napoleons will have to think many times over before they embarked on such ill thought out decisions like the said secret share swap which was an affront to our national interest.
To date, there was no denial by Rashdan on the said report of his interview with the Edge. The Government must take drastic actions against Rashdan and the other little Napoleons in Khazanah for what they have done to MAS as a result of the said secret share swap. An in-dept investigations must be carried out immediately to bring the culprits to book as they have brought the Government into disrepute by the ways in which they have brokered the said shady secret share swap and the untold damage done to our national airlines, MAS.
For the past TEN MONTHS, MAS staffs could bear witness to how Rashdan, the Amok’s most trusted crony, has been running AMOK in MAS and the damage that has been caused to MAS by the ill thought out decisions. Yours truly believes that it will take MAS at least more than a year to be what it was prior to the said secret share swap.
It is high time that the Government should closely monitor the going on in MAS especially all decisions and the routes planning that have been made after the share swap especially by Mr Shane Nollan, the Acting Commercial Director who is also from PlaneConsult, as he is tainted with glaring conflict of interest, in HERE & HERE.
Yours truly has been informed by reliable sources that MAS will not be operating its A380 to Melbourne or Sydney but it will, however, be operating to Tokyo. Isn’t this strange? One would have thought that London/KUL/Melbourne or Sydney should be the normal Kangaroo route. Why omit Melbourne and Sydney? Why omit these two cities?
It must also be very coincidental that En Ahamd Jauhari Yahya (AJ) SURRENDERED to AirAsia X, the MAS additional route to Sydney, which was granted by the Government exclusively for MAS for one year commencing from July 2012. This must be part of the Collaborative Framework under the said secret share swap. Until this date AJ have yet to explain why he aw it fit to surrender this additional KUl/Sydney route to AirAsia X and the termination of flights to Bandung and Surabaya.
It is also by coincidental that after MAS terminated its routes to Bandung and Surabaya, AirAsia X, has monopolised and increased the frequencies of its flights to Bandung and Surubaya and the AAX fares for these two cities have also increased by two folds. AJ, has said that these two routes are not profitable. AJ, do you still think that your decisions to terminate these two routes were done in the best interest of MAS?
In view of the said ill thought out share swap by the little Napoleon headed by Rasdan, it is most unwise of MAS to keep Mr Shane Nollan of PlaneConsult as the Acting Commercial Director, whose understanding about the aviation industry, if any, is only restricted to low cost airline, HERE.
More importantly, Mr Shane Nollan of PlaneConsult is closely associated with AirAsia via PlaneConsult, the consultant that has been appointed by MAS after the infamous MAS-AirAsia share swap. PlaneConsult is also the consultant for AirAsia and its chairman Mr Connor McCarthy is the founder and director of AirAsia, in HERE.
The Government should also closely scrutinize all decisions made by Rashdan thus far and the EXCO of MAS, which was set up almost immediately after the said secret share swap was signed. The EXCO consisting of Tan Sri Tony Fernandes, Datuk Kamarudin Meranun both from AirAsia and Rashdan, the Amok’s most trusted crony and the known person responsible for brokering the said share swap for Khazanah.
Rashdan, the Amok’s most trusted crony, has also played a very significant role in the sponsorship of QPR which has now been confirmed to have cost cost MAS more than RM10 million for one year when at the same time he and his Master Amok have been “screaming” into our ears that MAS was BLEEDING and needed to be saved by the said secret share swap and CCF.
Rashdan, the Amok’s most trusted crony, was also instrumental in the termination of Firefly jet services and JB/Kuching/KK routes, in HERE.
It would appear that the Amok’s most trusted crony was also instrumental in the appointment of PlaneConsult to review the operations of MAS in October 2011 and to restructured MAS as we can see that all invoices of PlaneConsult were sent to his attention only, in HERE.
The appointment of Mr Shane Nollan as the Acting Commercial Director of MAS and PlaneConsult as the consultant to MAS was the beginning of the serious problems in MAS that have caused the morale of MAS staffs to plunge to its lowest ebb in the history of MAS.
The Re-Accommodation Agreement (RA), which was entered into in a rush on 28-3-2012 by AJ on behalf of MAS to uplift 35,000 AAX Sdn Bhd’s passengers is another cause for concern. As Acting Commercial Director of MAS, Mr Shnae Nollan, must have played a very significant role in this RA and the uplifting of the AAX passengers prior to RA was even thought of.
The agreed fares inclusive of all taxes were very telling as they were of all discounted to the bones of at least 40% or more if compared with the online fares of MAS for the destinations namely Mumbai, Delhi, Paris and London. For full details of the RA please read HERE and the way in which the RA was entered into in HERE.
With those low fares being charged to AAX for its 35,000 passengers, Mr Shane Nollan, the Acting Commercial Director, went further to allow bookings to be BLOCKED for the AAX passengers at the expense of MAS own customers. This is definitely a lost of revenue for MAS as it would no doubt have deprived MAS from selling the tickets to it own customers with much higher fares than those that were charged to AAX. MAS should only grant a certain number of seats for each flight and definitely not for block booking with such low fare..
The Government must instruct the Auditor-General Department to do a thorough audit into this RA and the ways in which Mr Shane Nollan carried it out and to take whatever actions deemed necessary against him and/or anyone responsible for compromising the interest of MAS under the RA and before the RA was signed.
The appointment of the two ex-AirAsia officers namely En Rozman Omar (CFO of MAS), En Azhari Dahlan (Head of Engineering) did not help the situation as they were not competent enough and/or unqualified to hold such key posts and they were from AirAsia, a rival airliner of MAS from day one when it was set up. Up to now, En Azhari Dhalan does not have the required approved Nominated Post Holder from EASA, in HERE & HERE.
Yours truly believes that there are more qualified MAS engineering staffs, who are the DCA and EASA approved Nominated Post Holders and yet they were sidelined. WHY?
Tan Sri Tony Fernandes (TF) of AirAsia has also been known to have made disparaging remarks against MAS at the slightest opportunity. During the time of YB Senator Datuk Idris Jala as the CEO of MAS, TF was banned from was traveling on MAS flights.
MAS staffs have witnessed many outsiders being parachuted into MAS over the years whenever there was a change of CEO. Thereafter, these newbies have joined in the “Panamera Deadwood Department of MAS”. These Panamera Deadwoods have been paid extremely high salaries, which the very few long serving and deserving MAS staffs could never have dreamed to reach any where near a fraction of their salaries scale.
The Government must not only scrutinize those decisions made by the then MAS EXCO, Rashdan, Mr Shane Nollan, PlaneConsult, En Rozman Omar, En Azhari Dahlan, Puan Nor Zalida Ahmad and Puan Zaharah Zaid, it must also scrutinize their salaries including perks for these are fixed costs and can easily be identified as part of the LEAKAGES in MAS if it has been found that they have been overpaid.
It is about time that the top management should first explore the internal talents within MAS especially for these three key posts namely CFO, Head of Engineering and Head of Strategic Communication, as these are important posts, before parachuting their own cronies and/or cronies of certain personalities outside MAS.
Since the secret share swap has been unwound and it should automatically follow that all those who have been “handpicked” as a result of the said share swap and/or by the recommendations of PlaneConsult under their “Working Method” in its consultancy terms of reference should also be “unwound” or terminated forthwith. Please read the consultancy agreement of PlaneConsult, in HERE.
It is hoped that En Rozman Omar, En Azhari Dahlan, Puan Nor Zalida Ahmad and Puan Zaharah Zaid should take upon themselves to reconsider their positions and negotiate their way out of MAS whilst there is still time. It will be unwise for them to hold on to their respective posts under the circumstances. It is hoped that reasons shall major their will soon.
Mr Martin Barrow should also consider his appointment in the light of the above, in HERE. Yours truly has been informed that he has very limited experience in aviation industry and that his experience was restricted to the hotel industry in Hong Kong. He has been flying on free First Class ticket too. Can someone help with more information about this Mat Salleh?
Rumours have it that Dr Mohamadon Abdullah has been recruited back to MAS in the top management. Syabas! It is hoped that this is true. MAS will then at least has someone with real aviation experience in the top management. Dr Don, as he is fondly referred to by MAS staffs, MAS staffs are waiting for your official arrival and to also welcome you back to MAS with open arms to assist them to do the right things for MAS.
Yours truly has been informed that Rashdan, the Amok’s most trusted crony has flew to Paris a few days ago. Of course, free First Class travel. For what? Perhaps it was his “last KOPEK”!
Please read also yours truly earlier posting “Share swap unwound, free travel still on! and “Unauthorised upgrades rob MAS of RM200 million”.