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10 APRIL 2024

Saturday, September 10, 2011

Bakke, Beware of Rats and Fishy stuff!





From ECM-Libra to E&O. The E & O deal has conjured images and senses of living things other than human.

First, Big Dog smells a rat.

Now blogger A Voice, a currency trader who was doing quite well when Nor Mohamed Yakcop was losing billions of ringgit buying and selling sterling, smells something fishy after reading this article on the deal in a Singapore newspaper.

There is no such thing as a deal involving the Who's Who in the Malaysian corporate rogue gallery, of course, but when The Accountant (which was what Big Dog did in his previous life) and the Currency Trader's nostrils start flaring, something must be rotten in Corporate Malaysia.

Big Dog, A Voice and I were among thousands at Sime Darby's Hari Raya Open Day in Bukit Kiara yesterday, a stone's throw away from a similar reception that was being thrown byZarinah Anwar's Securities Commisison. We exchanged Aidil Fitri greetings with Sime Darby boss Bakke, who have been subjected to his share of bloggers' barbs and blows before this, with the intention of telling him what we thought about the whole thing.

But there wasn't enough time, so A Voice conveys the message in his latest posting, "Beware Bakke, there are no such things as permanent friends and permanent enemies".

-rocky's bru

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