Updates @ 9:05 pm on 21-6-2012: Tan Sri Wan Azmi binWan Hamzah steps down from MAS Board during the AGM. The other aviation experts like Tan Sri Azman Yahya, Tan Sri Tan Boon Seng of IJM, Dato’ Rohanan binti Rozhan from ASTRO and David Lau Nai Pek are holding on to their directorship even though they could not show what were their contributions for the past TEN MONTHS. Tan Sri Wan Azmi;s said decision should be applauded and a very responsible acts.
One would have thought that Tan Sri Azman Yahya is a very busy man with so many companies to take care of especially SCOMI. The four chose to remain for reasons best known to themselves. Will do another posting soon about those remaining.
Updates @ 12:50 pm on 21-6-2012: The minority shareholders were questioning the competent and integrity of members of the Board of directors of MAS. They have also expressed their discontent with regards to their performance. From 10: 10 am this morning until now, the Board was still facing heavy criticisms from the shareholders. They could not even proceed to pass Resolution 1 to approve the Financial Statement let alone their Re-elections. The Board have been subjected to severe embarrassment. Yours truly has been informed that Tan Sri Azman Mokhtar’s most trusted crony, Rashdan, did not attend the AGM.
Yours truly must apologies for not been able to attend because your truly question on the BinaFikir‘s consultancy fees and the 12 companies involved in the fuel hedging losses for RM3.3 billion for Parliament was No: 4 on the list. It was answered at 10: 30 am this morning. It will be posted here later.
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””→
Updates @ 8:30 pm 26-3-2012:TV 3 News at 8: “SC said there is a basis to investigate into MAS for insiders trading related to the MAS – AirAsia share swap. But SC cleared AirAsia for it.” Next posting will be on what AJ and Tan Sri Azman Mokhtar briefed the MPs in Parliament in Parliament House this afternoon..