09 May '12, 2am

SET MAS FREE FROM CRONIES, CONSULTANTS AND GREEDY BANKERS

SET MAS FREE FROM CRONIES, CONSULTANTS AND GREEDY BANKERS May 9, 2012 PAKATAN RAKYAT CALLS ON THE GOVERNMENT TO DISCLOSE THE FEES PAID TO CIMB AND OTHER CONSULTANTS AND ADVISERS IN PURSUIT OF THE POORLY THOUGHT OUT MAS-AIR ASIA “COLLABORATION” After 8 months and enormous damage to MAS and Firefly, the government has finally made a U-turn on the Malaysian Airline System Bhd (MAS) and Air Asia Bhd share swap exercise. What began as much touted brainchild of the Prime Minister has come to an unceremonious end, especially for an ailing MAS. Many sensible Malaysians had strongly opposed this exercise from the outset. Government-linked corporations (GLCs) Khazanah and CIMB are responsible for this ill-thought out scheme that brought previously fierce competitor Tan Sri Tony Fernandez into the fold of MAS to ‘collaborate’ to the loss of thousands of Malaysians striving to earn a ...

Full article: http://blog.drdzul.com/2012/05/09/set-mas-free-from-croni...

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