Updates @ 3:55 pm on 9-5-2012: Yours truly has just been reminded by a reader Mr KL Ang that Mr Martin Barrow is another Mat Salleh that was brought back to MAS after the infamous Share “SUAP” and that he is just as incompetence as Mr Shane Nollan. Mr Martin Barrow was brought back by AJ on 19-1-2012 to be Advisor to Group CEO and he also sit on the Board Safety & Security Committee and advise MAS on “Global developments on wide range of commercial issues”, in HERE.
With such Mat Salleh Advisor and yet AJ and the top management of MAS are still in desperate need for the other consultant firms like PlaneConsult and others to think for them. No wonder MAS is BLEEDING due to the “TOP HEAVY MANAGEMENT”. Please read “Time to bring real aviation experts onto MAS board”.
On 18-4-2012 MAS Board of Directors saw it fit to extend the appointment of PlaneConsult, which is also the consultant for AirAsia and AirAsia X Sdn Bhd (AAX), for another three months from 30-4-2012. Similarly, Mr Shane Nollan, of PlaneConsult, as the Acting Commercial Director of MAS was also extended. Why are the TRIO and the Board of Directors of MAS were so bent in harbouring Mr Shane Nollan and PlaneConsult in MAS when both are tainted with glaring CONFLICT OF INTEREST?
Some time in mid-April, there were already strong speculations in the newspapers that YAB Datuk Seri Najib, PM, will unwind the secret MAS-AirAsia share swap soon. On 2-5-2012 the said secret share swap was officially unwound, at the same time both Tan Sri Tony Fernandes (TF) and Datuk Kamarudin Meranun (KM) of AirAsia/Tune Air Sdn Bhd resigned as directors of MAS and Datuk Azman Yahya, who is of SCOMI fame, as director in AA. Board of Directors of MAS must have read about the strong speculations that YB PM will unwind the said secret share swap and yet 14 days earlier (18-4-2012) the incompetence Board of Directors of MAS, which include TF and KM, saw it fit to extend the contract for Planeconsult and Mr Shane Nollan.
The consultant fees for the three month extension of PlaneConcult was 80, 800 Euro (equivalent to RM323,000-00) and free First Class travel on MAS for the Mat Salleh from KL/London/KL plus all claims under the sky, in HERE. This may sound small to the TRIO (En Ahmad Jauhari Yahya [AJ], Tan Sri Md Nor Yusof & Rashdan) and the Board of Directors of MAS but it is a lot of money to MAS especially when the TRIO has constantly said that MAS is “BLEEDING” and a “SICK PATIENT” when it involves staff allowances, cutting MAS routes and scaling down Firefly jet services.
The appointment and extension of PlaneConsult under such circumstances especially when TF and KM were still on the Board of Directors of MAS and the special relatiosnhip between PlaneConsult and AA/AA were filled CONFLICT OF INTEREST, in HERE, HERE & HERE.
The glaring fact is Mr Connor McCarthy, the Chairman of PlaneConsult is the co-founder of AA and a director of AA is enough for the Board to terminate the appointment of PlaneConsult let alone to extend their appointment, in HERE.
In the case of Mr Shane Nollan he is unfit to hold any post in MAS especially the key position of Acting Commercial Director of MAS for a start as he has not put the interest of MAS before AA/AAX due to the glaring CONFLICT OF INTEREST. Just look at the extreme low cost fares that MAS charged to AAX for uplifting its 35,000 passengers, in HERE. The new exorbitant fares, which are higher than the MAS online fares, charged to the Government for high ranking civil servants travel using Air Transport Warrant shows that Mr Shane Nollan was either incompetence or with the motive to price MAS out of the market to help certain airlines, in HERE.
We need not go very far. Just look at how Mr Shane Nollan allowed AAX passengers to travel on MAS without the security of the bank guarantee and it was only after it was exposed on 15-3-2012, that Mr Shane Shane Nollan and/or the TRIO rushed to get the Re-Accommodation Agreement (RA) signed by AAX on 28-3-2012, in HERE, HERE, HERE & HERE.
Under the RA, AAX was supposed to pay RM31 million as deposit on 31-3-2012 but the said sum was not paid and MAS, which is BLEEDING, happily uplift AAX passengers. Apparently most, if not all, MAS flights to Europe are full. This is a deprivation of MAS earning good revenue during this peak period. Read in HERE.
Apparently the extension of the consultancy contract for PlaneConsult and Mr Shane Nollan did not get the approval of MAS Board of Audit Committee (BAC) before tabling it in the Board of Directors of MAS. This was how En Mohammed Rashdan Yusof aka Danny (Rashdan), the known Tan Sri Azman Mokhtar (Amok)’s most trusted crony and ex-business partner in BinaFikir Sdn Bhd, flew to London to commit MAS to pay RM18 million to sponsor QPR, which TF owned 66%, at a time when MAS was said to be BLEEDING! This was another clear case of CONFLICT of INTEREST. It seems that Rashdan, the Amok’s most trusted crony, who has been embroiled in the abused of power as Deputy GCEO of MAS for upgrading his baby and maid to First Class Cabin on 1-1-2012, is a protected species, in HERE, HERE, HERE & HERE.
It has also been reported in the press that Rashdan, the Amok’s most trusted crony, was responsible to help his MASTER, Amok, to broker the said share swap and CCF with Tune Air Sdn Bhd, which is controlled by TF and KM in HERE.
No wonder, Rashdan abused of power has been openly condoned and encouraged by the TRIO and MAS Board of Directors. Until this date, no Disciplinary actions taken against this Amok’s most trusted crony.
Of course, BAC will subsequently rubber stamp and backdate whatever decision made by the top management and the same will most probably happen to the extension of the contract with PlaneConsult and Mr Shane Nollan.
This is the “GOOD” corporate governance practiced by the TRIO and the Board of Directors of MAS. Until this date, the TRIO is keeping very silence on the monthly salary paid to Mr Shane Nollan of PlaneConsult as the Acting Commercial Director of MAS. Can anyone in MAS help on this? What is the point of MAS hiring consultant like PlaneConsult when the TRIO and the Board of Directors of MAS had to ask MAS staffs to brief them how to turn around MAS. Under the incompetence TRIO and Board of Directors, MAS has spent RM24.9 million on consultancy fees alone at the same time TRIO has been singing the tune that MAS is BLEEDING, in HERE.
Yours truly thought that the TRIO and Board of Directors appointed consultant to think for them. Now it would appear that they need the staffs to think for them also. What is the point of paying million of Ringgit as salaries to these top management like the TRIO and directors and million Ringgit to consultant, at the end of the day they still had to go back to the “low productivity” MAS staffs for help.
Thank you, YAB PM, Datuk Seri Najib bin Tun Abdul Razak, for your initiative in the unwinding of the said secret share swap. However, Yours truly could sense that certain main stream newspapers and news portal were trying very hard to spin stories that YAB PM was bowing to pressures from MAS staffs in general because of their strong objections to the said secret share swap. These irresponsible mass media were praising the said secret share swap and the management of AA/AAX to the hilt and how AirAsia could have save MAS!
FEAR NOT YAB PM, you are walking your talk of “RAKYAT DIDahulukan”. MAS staffs are the Rakyat. You are doing the right thing for MAS and the nation. There are only a handful of cronies and parasites that are still supporting the said secret share swap to go on despite the glaring CONFLICT of INTEREST in the decisions of the TRIO and the Board of Directors of MAS especially in the appointments of PlaneConsult, Mr Shane Nollan, En Rozman Omar, En Azhari Dahlan and Puan Nor Zalida Ahmad, all of whom are directly or indirectly connected with AA/AAX.
Now that the said secret share swap has been unwound by the initiative of the YAB PM, Sir, you must also ensure that the above appointments that were made after the said secret share swap including the Board of Directors should also be terminated forthwith. Otherwise the termination of the said secret share swap will be meaningless and the future of MAS will be doomed with those connected to AA/AAX are still in MAS!