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Tuesday, August 9, 2011

Is Tony being prepared to head MAS?

There is definitely more to the AirAsia-Malaysia Airlines deal.

COMMENT

At one of my regular meetings with the Oracle of Syed Putra, who is former economic ddvisor Daim Zainuddin’s alter ego, I asked him what he thought of Air Asia CEO Tony Fernandes’ posturing to move the airline’s office to Jakarta.

In Jakarta the situation is even more chaotic, so if indeed Fernandes thought of the idea of moving there, he must be examined in the head.

There is absolutely no commercial justification for moving to Indonesia.

But with these maneouvres, Fernandes has proven one thing. Which is, that any peddler of pirated CDs can also run an airline.

When I asked the Oracle about this, he said, “watch the next moves”.

“There must be something behind the threats to move out to Jakarta. Has Air Asia settled its debts to MAB (Malaysia Airports Bhd)?

“Maybe in return to being coaxed and persuaded not to move out to Jakarta, the Prime Minister has authorized the writing off of AirAsia’s debts to MAB or forced MAB to take a haircut maybe even a crew cut?

“Two, the threat was the harbinger of what is now taking place – in order not to move out to Jakarta, the Khazanah Mafia-osi headed by Azman Mokthar, recommended that Fernandes’ Tune Air Sdn Bhd be given a sweetener in the form of ownership and possibly the running of our national asset MAS.

“Now let’s ask a stupid question?

“Can a CEO of your rival company be given a chance to take up a position in your company and is asked to manage your company at the same time?

“Isn’t there a conflict of interest here? Or is Fernandes being prepared to take over MAS itself?” mused thd Oracle.

Robbing Malaysia

The move or its threat to move to Indonesia can be regarded as treasonable or at the mildest, holding the country at ransom.

These robber barons aided by the comprador capitalists masquerading as consultants and economic experts, residing temporarily in Khazanah are pushing this country to its limits.

Who are the majority shareholders of Air Asia? Is it Khazanah and EPF? These are government entities.

So how can our government, kick itself in the groin by allowing Fernandes to even make that statement in the first place? Or was it part of an elaborate set up of mind conditioning?

Fernandes later dismissed his purported statement (to move to Jakarta) blaming the ‘silliness’ of journalists.

That also tells us the mental capacity of the journalists we send to cover stories about corporate moves.

The writer is an FMT columnist. This is an excerpt from his blog sakmongkolak47.

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