After the MAS-AirAsia share swap and CCF have been inked by Tan Sri Azman Mokhtar (Amok), the MD for Khazanah,, MAS was managed by an Exco comprising ofEn Mohammed Rashdan Yusof aka Danny, the Amok’s crony and Ex-business partner in BinaFikir Sdn Bhd, Tan Sri Tony Fernandes and Datuk Kamarudin Meranun both from AirAsia Sdn Bhd representing Tune Air Sdn Bhd. That was the arrangement agreed to by Amok. Several days after the inking of the said secret share swap and CCF, Rashdan flew to London to commit MAS to sponsor QPR for 18 million Pounds, in HERE.
After the said secret share swap was inked, many PROCUREMENT CONTRACTSwere entered into by MAS at the time when MAS was said to be “BLEEDING” and “A SICK PATIENT”. They are listed below:
Ogilvy & Mather (Commercial – Mr Shane Nollan)
Total Contract: RM15.7 Million
Engagement Period: 01-02-2012 to 31-01-2014
Starcomm (Commercial – Mr Shane Nollan)
Total Contract: RM16.303
Engagement Period: 01-01-2012 to 21-3-2012 (3 months)
PriceWaterHouse Coppers Advisory (Group Finance– En Rozman Omar)
Total Contract: RM10.88 Million
Engagement Period: 01-11-2011 to 31-12-2012
Axon Solution Sdn Bhd (Group Finance – En Rozman Omar)
Total Contract: RM21.836 Million
Engagement Period: 01-12-2011 to 01-12-2014
Kumpulan SF Powertech (Finance and MAS Cargo)
Total Contract: Not known
Annual Fees: RM10.833 Million
Engagement Period: 01-11-2011 to 31-10-2013
Affin Investment Bank – For A330 cargo aircraft 1(Finance and MAS Cargo)
Total Contract: RM248 Million
Engagement Period 14-9-2011 until 14-9-2021
Affin Investment Bank – For A330 cargo aircraft 2(Finance and MAS Cargo)
Total Contract: RM250 Million
Engagement Period 14-11-2011 until 14-11-2021
DVB Group Merchant Bank – For A330 cargo aircraft 3 (Finance and MAS Cargo)
Total Contract: RM217 Million
Engagement Period: 25-11-2012 until 25-7-2023
Chimera Brand Relation Sdn Bhd (Communication –Nor Zalida Ahmad)
Total contract: RM450,000 (allowances RM5,000 per month charged to Group CEO office).
Engagement Period: 10-10-2011 to 10-04-2012
Formis Computer Sdn Bhd (IT – Dato’ Salleh Tabrani)
Total Contract: RM3.7 Million
Engagement Period: 01-01-2012 to 31-12-2014
Formis Computer Sdn Bhd (IT - Dato’ Salleh Tabrani)
Total Contract: RM68, 290.00
Engagement Period: 01-01-2012 to 17-05-2012
Are the above A330 aircraft from Airbus? MAS leased or bought from which source?
The total sum of the above procurement contracts amounted to a whoopingRM794.73 Million! Allowances for MAS staffs were cut to the bone but the appointments of consultants like PlaneConsult, PriceWaterHouse, Ernst & Youngand others went on unchecked at the time when MAS was BLEEDING!
It is hoped that the above transaction are not part of the LEAKAGES in MAS!
Yesterday yours truly told Parliament that the the MAS procurement contract for 25 years with LSG Sky Chef Brahim’s Sdn Bhd signed by Tan Sri Md Nor Yusof (When he was MAS MD in 2003) cost a whooping RM62.5 Billion (RM246.9 million a year)! It was signed under the infamous project known as WAU that was hatched byBinaFikir Sdn Bhd when Amok and his crony Rashdan were partners. Now two of the “WAU architects” (Tan Sri Md Nor as Chairman and Rashdan as Deputy Group CEO) are back in MAS and Amok is now the MD of Khazanah. Amok was appointed MD of Khaznah in June 2004 by the former PM, Tun Abdullah Hj Ahmad Badawi and he is now the Advisor of MAS.
After being pressures, YB Senator Datuk Donald Lim promised Parliament that he will provide written answers within this week to your truly on the cost of consultancy fees paid to BinaFikir SdnBhd and the list of the twelve fuel hedging companies involved with the so-called “paper losses” of RM3.3 Billions.
WAU was about making MAS an “ASSET LIGHT AIRLINE” that on 25-9-2003 Tan Sri Md Nor Yusof sold MAS Catering Sdn Bhd to Gubahan Saujana Sdn Bhd, a company controlled by Datujk Hj Ahmad Badawi. Simultaneously the said secret one sided 25 catering contract was entered into by Tan Sri Md Nor Yusof. Was WAU about making MAS an “Asset Light Airline” or “Assets Stripping” of MAS?
The contracts for the 18 Million Pounds to QPR, the new pale blue MAS logo and other have not been included in the above transactions. Can anyone in MAS help with the details of the above transactions?
The TRIO, Tan Sri Md Nor Yusof, En Ahmad Jauhari Yahya and En Mohammed Rashdan Yusof, the Amok’s crony, must account for all the above transactions totaling RM794.73 Million. Instead of being transparent about what the TRIO has been doing in MAS, they are running AMOK in “witch hunting”. Yours truly has been informed that instead of the TRIO spending their time in turning around MAS, they were planning to BAN Internet facilities in MAS, carrying of mobile phones and other IT devices. Most probably the TRIO must be thinking of employing another CONSULTANT in the AirAsia portfolio for this mammoth task!
SILENCE is no longer an option. The TRIO must come clean to clarify the above transactions without further delay. The Ministry of Finance must immediately a thorough investigation into the above transactions in order to prevent more cases of Conflict of Interest and, more importantly LEAKAGES.
For the TRIO: Seperti kata seniman agong Allayarham Tan Sri P Ramlee “INI COMPANY AKU YANG PUNYA!” …..
Please read FMT report regarding the appointment of PlaneConsult in HERE.