Share swap unwound, free 1st Class travel still ON!

by weechookeong

The Booking Request for free travel on 7-5-2012 for Tan Sri Tony Fernandes and Datuk Kamarudin Meranun from AirAsia, f of whom have resigned from the MAS Board on 2-5-2012 when the share swap was unwound

The above was the request for the booking for free First Class travel on MAS flight from KL to London Heathrow for Tan Sri Tony Fernandes (TF) andDatuk Kamarudin Meranun (DK) who are both from AirAsia and former Directors of MAS.

Both TF and DK were appointed to the Board of Directors of MAS on 9-8-2011 by virtue of the secret MAS-AirAsia share swap, the brainchild of Tan Sri Azman Mokhtar (Amok)’s most trusted crony En Mohammed Rashdan Yusof aka Danny (Rashdan), in HERE. Rashdan was also involved in a case of abused of power by upgrading his baby and maid to First Class on 1-1-2012 Sydney/KL on MH 122, in HERE.  

Despite the Voyage Report of MH122 has been exposed, no actions have been taken against Amok’s most trusted crony, Rashdan, in HERE. It would appear that Rashdan is a protected species in MAS. If other member of staff were to be involved in such a case of abused of power he or she would have to face Disciplinary Inquiry immediately and booted out from MAS by now.

How to instill INTEGRITY within MAS staffs when such abused of power by Amok’s most trusted crony, Rashdan, the Deputy Group CEO of MAS, has been openly condoned.?Yours truly just wonder, under such circumstances, how is MAS going to discipline other members of staff when the the scandalous abused of power by Amok’s most trusted crony’s Rashdan has been seen to be condoned!

Coming back to the issue at hand, yours truly has alerted the top management of MAS that the benefits for the two ex-members of MAS Board namely, TF and DK, should be withdrawn forthwith as their respective appointments were based on the said secret share swap, inHERE.

After the said secret share swap was inked, we have been told by Amok, the MD of Khazanah, and the top management of MAS time and time again that MAS was BLEEDING and needed to be saved. Under the circumstances, the top management had to take immediate steps to withdraw all benefits accorded to TF and DK as their appointments to MAS Board were based on the existence of the said share swap. If both of their appointments to the MAS Board were not based on the said secret share swap then they should have the right to enjoy whatever benefits as former Directors of MAS.

Despite MAS was BLEEDING, MAS had already accorded AirAsia X’s 35,000 passengers under the Re-Accommodation Agreement with the lowest fares beyond anyone’s imagination. For example, one way fare inclusive of all taxes from KL to London was RM1,111for Economy Class and as low as RM4,911 for Business Class when it would normally cost about RM16, 700 for return fare KL/Lon/KL. The discount granted to AAX was more than 40%in HERE.

Most, if not all, of MAS flights to the destinations like Mumbai, Paris and London are always full with big numbers of AAX passengers. Under such circumstances, MAS has been deprived of selling seats to its customers with higher fares and at the same time MAS had to provide meals and beverages free of charge to the AAX passengers when they had to pay for them when they are on AAX flight. MAS should change its slogan from “Malaysian Hospitality” to“Now Everyone from AAX Can fly MAS With Very Low Cot Fares”.

Based on the above Booking Request, it would appear that as on 7-5-2012 TF and DK were still enjoying the benefits of free travel as former members of the Board of Directors of MAS. The cost of tickets for First Class from KL to London Heathrow for each passenger is RM37, 349-00, in HERE.

Therefore, MAS has been deprived of revenue of RM74, 978-00 for the above travel by TFand DK, not to mention the loss of revenue under the ill thought out Re-Accommodation Agreement for uplifting of the said 35,000 AAX passengers.The lost of revenue should be much higher. Lets wait for the answers in Parliament from soon, in HERE.

After being appointed to the MAS Board, TF appeared to be very eager to help to turn around MAS, which all of us must be very grateful indeed. TF being a multimillionaire, one of the most successful entrepreneur in the world and 66%  owner of QPR, he should have paid the RM37, 439 fares to London to help MAS. So DK too.

Your truly has also been informed of the abused by Khazanah officers when they chartered flights from MAS for their officers for meetings in Langkawi and other places where a small plane was sufficient to accommodate the number of officers traveling but they insisted on a bigger plane with excess vacant seats.  MAS, of course, had to oblige. Yours truly, will leave the posting on this matter for another day and for debate in June Parliamentary Session.

It is hoped that the top management of MAS will take drastic actions against Amok’s most trusted crony Rashdan for abused of power, stop all benefits to the said two ex-Directors from AirAsia and expose all LEAKAGES within MAS like what had happened above and if necessary to lodge reports with MACC for actions. Until these matters have been done satisfactorily, there is no point in talking about INTEGRITY, CO-OPERATIONS FROM STAFF,WHISTLE BLOWERS, another BUSINESS PLAN and etc.