Azman Mokhtar, Rashdan, Tony Fernandes, Kamaruddin, Md Nor Md Yusof and AJ must be held responsible for the fine of RM20 million – Part 3

The Happy Family of the MAS-AirAsia share swap and the architects of the violation of the Competition Act.
The iconic photo of the “Happy Family” of the MAS-AirAsia share swap and the architects of the violation of the Competition Act.

On 8-8-2011 the MAS-AirAsia share swap was inked by Tan Sri Azman Mokhtar, the MD of Khazanah, and Tan Sri Tony Fernandes of AirAsia. The the Advisor of the said share swap was none other than Dato’ Seri Nazir Razak of CIMB.   On 6-9-2013 both MAS and AirAsia were fined RM10 million each for “collaborating to integrate some routes in which they had  earlier competed” under the said share swap.  Part 1 was about the inking of the said MAS -AirAsia share swap with the advice from Datuk Seri Nazir Razak / CIMB and Bain & Co, HERE and Part 2 was the chronology of events after the said share swap before the appointment of AJ as  Group CEO of MAS, HERE.   Continue reading “Azman Mokhtar, Rashdan, Tony Fernandes, Kamaruddin, Md Nor Md Yusof and AJ must be held responsible for the fine of RM20 million – Part 3”

WAU! “Open Tender is no Push Fully in this country”

"MAS staffs are low productivity" said AJ. This MAS known logo has been around for many years and around the world. Has been changed to pale blue to "SAVE" MAS.

Updates @ 4:30 pm on 28-3-2012: Tonight the Ministry of Finance (MOF) will be replying to the issues raised on the MAS-AirAsia share swap and CCF in yours truly’s speech “Pengkhianat dan Pengkhianat Negara” in HERE & HERE. Parliamentary session will be on until MOF finishes its reply. It could be as late as 11:30 pm! The MOF’s replies on the MAS-AirAsia share swap and CCF will be posted as soon as possible.

In the interim please read an interesting piece in THE MOLE, HERE & HERE.

At 1:30 pm on 26-3-2012 MAS management came to Parliament to brief MPs. MAS Management team was represented by En Ahmad Jauhari Yahya (AJ), Tan Sri Md Nor Yusof (Md Nor) and Tun Abdullah Hj Ahmad Badawi, as MAS Advisor. Another person from MAS, whom yours truly is not familiar with.  It could be En Rozman Omar. Tan Sri Azman Mokhtar (Amok) represented Khazanah  Nasional Bhd (khazanah). Yours truly was told that Amok’s crony Rashdan was there but could not be seen.  Continue reading “WAU! “Open Tender is no Push Fully in this country””