KLIA2: Another Nor Yakcop "fraudulent" scheming?

Birds of same feather in co-hort together

We are eager and keen to start a series of issues on the "fraudulent" new Deputy Chairman cum Chairman of the Executive Committee of Khazanah, Tan Sri Nor Mohamed Yakcop.   

However, the latest episode on KLIA2 with Air Asia CEO, Aireen Omar strange statement demanding for an Inquiry as highlighted by Bigdogdotcom [Read here] attracted immediate attention. 

Make no bones about it, Tan Sri Tony Fernandez, or for our convenient he is to be called Tony F, had long wanted Tan Sri Bashir Ahmad Abdul Majid removed as CEO of MAHB. [Read Rocky Bru here.]

The weakness in accusing MAHB at fault for delaying the construction of KLIA2 is that it is Tony F's own doing. An expected delay in the near future will also be Tony F intentional doing too.

He will twist it to be the fault of MAHB. And again, he will ask for Bashir's removal. Busuk hati si udang geragau ini.  

Our own insider in MAHB said, KLIA2 is 90% completed. There is no need for such hurrah from Tony and his Air Asia management. 

In the earlier phase, it was Tony F's long list of demands that was responsible for the delay.

Our insider who knows very well the project management of KLIA2 said, Tony F's people had been involve in every step of the way, attend every meetings, and aware of the plans and progress.

But, they only raised issues when the particular phase was about to get started. Being the obliging Melayu they are, MAHB played to their wishes.

Then Tony F turned around to backstabbed MAHB to say publicly they did not want this and that and raised the issue that KLIA2 is over priced.

Tony Pua, who seem to be on Tony F's payroll, echoed every issue that Tony raised to add a political dimenstion to the pressure on MAHB. 

That is a sneeky and dishonest way of getting things done.  

In the last phase which involve system, there will be more encounters of the third kind between MAHB and Air Asia.

We have no details but it is basically Tony F insist the airport use their system but the airport has their own selected system. It is Tony F's Air Asia  and other airlines using MAHB to adopt the specified system.

But there is more than that.

Despite being 90% complete, Air Asia is not making any preparation to move to KLIA2.

Saving Air Asia 

Part of their plan to move will involve building their own office building. Months back there was the issue of Air Asia planning to build a tower whose height is not technically and safety-wise acceptable.

Words are Air Asia is buying time to delay these financial commitment because they see a financial storm in the making for them. First quarter profit and loss is down. Air Asia Japan has closed shop. Plan to buy Batavia Air aborted.

Who does not know that Nor Yakcop, Kalimullah, Khairy and Tony F are all in cohort. Definately, Dato Nazir Razak of CIMB is there in the orgy. Otherwise, he would not have given words of support to the suspiciously gay Azran Osman Rani.

Azran studied at Stanford University, just cross the Golden "Gay" Bridge from San Francisco and after Sausolito. Stanford is one the first few American universities that acknowledge LGBT.

We seemed familiar, do we? 

CIMB has got their Charles Dickens deep inside Air Asia.

Do not forget that the whole MAS-Air Asia collaboration bullshit is about saving Air Asia and fleecing MAS. Immediately the main threat to Air Asia, Fireflyz was closed.

Nazir must save Air Asia, thus the over price IPO of Air Asia X. The problem is Air Asia X was said to have a business model issue earlier and changed it to a medium haul airline. How is it to sustain stable earning based on only flights?

Hello SC! That does not protect public investors.

CIMB is owned by Khazanah, MAHB is subsidairy of Khazanah. While Air Asia has Khazanah as 9% only shareholders.

Here is the stinky bit.

We are quite sure that when KLIA2 was delayed, this was made aware in the organisation and Khazanah.

Nor Yakcop maybe the new Deputy Chairman but he had been all along a member of the Board of Directors.

Not only that, Nor Yakcop is in on every transaction of Khazanah. That will be divulge in the near future. Some may say he is a genius and talent. If only they know better, they will realise that he is a fraud.

He may be seen as talking like a knowledgeable man but tell us what success has he done? Any claim of success of his is debatable but his failures are without doubt and humongously big. As a start, he lost RM16 billion in foreign exchange trading. Need we say more.

Nor Yakcop and the Board must have known and done enquiry on the delay. They would have known the reasons was Air Asia. If he does not that he is a fake who does not what he is doing as Director. Basically he is a fraud as what he did to Tan Sri Halim Saad.

What is he doing together with Tony F to the detriment of Khazanah's more significant interest in MAHB? As someone who is buddy buddy with Tony F, why can't he used his friendship to achieve a win-win situation for MAHB and Air Asia?

If Nor Yakcop can threat every corporate player in town back in the wild post financial crisis days, why can't he tell Tony F that "we will investigate you" like he did before. Quite sure there is a lot of fraud going on in the business practices of Air Asia.  

Nor Yakcop must be up to something. A fake and fraud like Nor Yakcop must be scheming something for Tony F to benefit immensely.

Something for Tony F and something for him too? Perhaps, some construction contract and send some money to Dubai.

-Another Brick in the Wall