Tan Sri Azman & Rashdan must reveal the consultancy fees paid for WAU

Tan Sri Azman Mokhtar and his crony Rashdan

Parliament will resume tomorrow 11-2012, it is hoped that Tan Sri Azman Mokhtar (Amok), the MD of Khazanah Nasional Bhd (Khazanah), and his most trusted crony, En Mohammad Rashdan Yusof aka Danny (Rashdan), will do the right thing to tell Parliament what was the actually consultancy fees that BinaFikir Sdn Bhd (BinaFikir) charged MAS for the WAU Project in 2002/2003.   Continue reading “Tan Sri Azman & Rashdan must reveal the consultancy fees paid for WAU”

MAS PROCUREMENT CONTACTS (RM794.73 Million) – Part 1

The TRIO aka “THREE STOOGES

After the MAS-AirAsia share swap and CCF have been inked by Tan Sri Azman Mokhtar (Amok), the MD for Khazanah,, MAS was managed by an Exco comprising of En Mohammed Rashdan Yusof aka Danny, the Amok’s crony and Ex-business partner in BinaFikir Sdn Bhd, Tan Sri Tony Fernandes and Datuk Kamarudin Meranun both from AirAsia Sdn Bhd representing Tune Air Sdn Bhd. That was the arrangement agreed to by Amok. Several days after the inking of the said secret share swap and CCF, Rashdan flew to London to commit MAS to sponsor QPR for 18 million Pounds, in HERE.    Continue reading “MAS PROCUREMENT CONTACTS (RM794.73 Million) – Part 1”

AJ & Rashdan: “What Cost Cutting?” Part 2 – PlaneConsult

Updates @ 1:30 am on 15-3-2012: PlaneConsult is not the only consultant firm hired by MAS. Ernst & Young is another consultant firm that has been appointed to teach MAS Corporate Division how to do their work. It seemed that AJ and Rashdan, Amok’s crony and ex-business partner in BinaFikir Sdn Bhd, are heavily relying on consultants to do the thinking for them. It has been for some weeks that “two young sweet little” officers from Ernst & Young are in MAS Corporate Division. Quite frankly, it is a case of teaching “grandmothers how to suck eggs”.  MAS had to pay good money as salaries and perks to these two handpicked “corporate gurus” by Tan Sri Azman Mokhtar and yet they needed consultants to think for them. It is laughable.

Under the circumstances, saving MAS is a foregone conclusion! Perhaps it is also a case of “Kepimpinan Melalui Tauladan”. Under Tan Sri Azman Mokhtar leadership, it has became Khazanah’s culture to engage consultant firms to think for them. The Government must account to Parliament what is the total payment made to consultant firms during Tan Sri Azman Mokhtar’s reign In Khazanah from June 2004 until today.     

Updates @ 6:45 pm on 14-3-2012: YB Datuk Nancy, Batang Sadong MP, criticised the MAS – AirAsia share swap and CCF and called for the Government to reverse or cancell the them forthwith as it was not in the interest of the country.  Yours truly believes that there will more MPs calling for the said share swap to be reversed as it was a failure from day one. It is hoped that Tan Sri Azman Mokhtar, MD of Khazanah and the ex-business partner of Rashdan when they were together in BinaFikir Sdn Bhd, will take note. 

Cost cutting to turn around MAS said the TRIO. The TRIO consists of En Ahamd Jauhari Yahya (AJ) Group CEO of MAS, En Mohammed Rashdan Yusof aka Danny (Rashdan), who is Tan Sri Azman

Continue reading “AJ & Rashdan: “What Cost Cutting?” Part 2 – PlaneConsult”

TRIO’s actions endorsed by Khazanah & Tune AIr

As suggested by one of the readers and contributors, Time Traveler, the above is the page 12 of the slide show that was presented during the Special Briefing by the famous TRIO, En Ahmad Jauhari Yahya (AJ), MAS Group  CEO, En Mohammed Rashdan Yusof aka Danny (Rashdan) (Group Deputy CEO and Tan Sri Azman Mokhtar’s ex-business partner in BinaFikir Sdn Bhd and crony, and En Rozman Omar (Rozman), Group CFO), the newly crowned CFO of MAS and ex-AirAsia high ranking officer. The said page 12 of the slide show clearly indicated that whatever PLANS of the TRIO, in particular Rashdan, to so-called strengthen the Balance Sheet of MAS have been endorsed by Khazanah and Tune Air. Continue reading “TRIO’s actions endorsed by Khazanah & Tune AIr”

MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!”

On 29 February 2012 En Ahmad Jauhari Yahya,(AJ) , En Mohammed Rashdan Yusof aka Danny (Rashdan), Tan Sri Azman Mokhtar’s ex-businesss partner in BinaFikir Sdn Bhd and crony,  and En Rozman Omar (Rozman), the newly crowned CFO of MAS and ex high ranking officer of AirAsia, briefed the media of the performance of MAS for the 4th Quarter and FY 2011. They have produced figures based on the UNAUDITED ACCOUNTS of MAS to the media that showed MAS has suffered huge losses to the tune of RM2.524 billion. The said losses must have shaken the Government and nation. Why was there a desperate need to make such a sudden briefing/announcement at this particular time? It was done some 12 days before the commencement of Parliament on 12-3-2012. What a coincidence! Continue reading “MAS TRIO’s briefing “ACCURACY IS NOT GUARANTEED!””