The iconic photo of the “Happy Family” of the MAS-AirAsia share swap and architects of the violation of the Competition Act. From 2nd left; Datuk Kamarudin Meranun, Tan Sri Azman Mokhtar, Tan Sri Md Nor Yusof, Tan Sri Tony Fernandes, the Khazanah Whiz Kid Mohamad RashdanYusuf aka Danny & Dato’ Sri Nazir Razak of CIMB
Updates @ 6:10 pm on 10-9-2013: “Deloitte has been fined a record £14m for failing to manage conflicts of interest during its role as an adviser to collapsed British carmaker MG Rover. On Monday the Financial Reporting Council, which brought the case against Deloitte, said the outcome of an independent tribunal was a “strong vindication” for its six-year-long probe into Deloitte’s work for companies involved with the carmaker in the lead-up to MG Rover’s collapse.”
The international accounting firm Deloitte was fined 14 million Pound Sterling by UK authority. Will we ever see our authorities taking the same actions here?
In the case of the MAS-AirAsia share swap, there were two advisors namely Dato’ Sri Nazir Razak and Bain & Co but it is unclear about their scope of appointment. For full report of the fine imposed against Deloitte, please read HERE &HERE,.
Yg Bhg Tan Sri Aziz Abdul Rahman, MAS MD from 1972 to 1991. He left MAS with a cash reserve of RM5 billionDr Mahamadon Abdullah, who was a loyal employee of MAS for many years and now a director of MAS
Updates on 23-8-2013 @1:00 am:
Rumour has it that Dr Hugh Dunleavy’s salary is in the region of RM100,000-00a month plus other perks. His two years contract will expire in mid January 2014. Rumour also has it that Dr Hugh is lobbying to have his contract extended. Under the circumstances, Dr Hugh can not be blamed for lobbying for extension. This also apply to a few others!
From now on, Dr Hugh had to be extremely nice to Puan Zahrah Zaid, formerly from Danone Biscuit Company. She joined MAS during the MAS-AirAsia share swap. About Puan Zahrah Zaid please read “Now Everyone Can Join MAS”.
Dr Hugh is known for his VAST experience in Westjet. He joined Westjet in January 2005 and in 2011 he was made redundant. God knows why a man of such caliber was made redundant!
As at December 2007 Westjet was flying to only 26 destination within Canada and 12 in America. It has 70 aircrafts including its 13 owned 600s series, 16 leased and 35 owned 700s series. Revenue between $1 billion to $5 billion and employees between 5,000 to 10,000. Westjet is no bigger than AirAsia. No wonder Dr Hugh needed Seabury Consulting to think for him and his boys.
Next Change/AKAN DATANG: “The AJ’s Talented Hollywood & Bollywood STARS”
40 years and 9 months ago, the nation saw the birth of our “Golden Child”, MAS. That memorable day was 1-10-1972. Yg Bhg Tan Sri Aziz Abdul Rahman and the loyal Malaysians including Dr Mohamadon Abdullah, who is now a director of MAS, had to steer MAS from nothing and they did make us proud.
Y.B. TUAN WEE CHOO KEONG [WANGSA MAJU] minta MENTERI KEWANGAN menyatakan jumlah kos MAS untuk “uplift” seramai 35,000 penumpang-penumpang AirAsia X Sdn. Bhd. (AAX) di bawah Perjanjian “Re-Accommodation” yang bertarikh 28-3-2012 dan sehingga Mei 2012, berapakah jumlah bayaran yang telah dibuat oleh AirAsia/AAX Sdn. Bhd.:- Continue reading “Questions Time 13-6-2012: MAS uplifted the 35,000 AAX passengers at very low fares”→
Wee Choo Keong 