WAS THERE ABUSE OF POWER IN MBI?

From the papers below, it appears that the RM2.5-2.6 million compensation for severance pay and early termination of contract were properly approved by the Board of Directors of MBI after all.

THE CORRIDORS OF POWER

Raja Petra Kamarudin

(Malay Mail Online) — A full audit on severance payments to former aides of Tan Sri Khalid Ibrahim has shown clear elements of power abuse, Selangor Menteri Besar Azmin Ali said today.

Azmin declined to comment on the actual amount of the severance payments to his predecessor’s aides, but said the audit report showed a clear breach of rules and regulations in the payout process.

“Yes, it is too clear… there is abuse of power not only involving the quantum sum of money but also the process,” he told reporters when met after the Selangor state economic council (MTES) meeting. (READ MORE HERE)

************************************************************

(The Rakyat Post) — The new management of Selangor Menteri Besar Incorporated (MBI) will scrutinise the audit report pertaining to alleged breach in the payouts to the aides of former Menteri Besar Tan Sri Abdul Khalid Ibrahim.

Selangor Menteri Besar Mohamed Azmin Ali said the new MBI management line-up, which will begin their duties on Dec 1, would then give their feedback to the MBI board of directors.

“We will not hide anything or compromise over any breach or abuse of power (in the payouts).” (READ MORE HERE)

************************************************************

More on MBI: SEE HERE

************************************************************

From the papers below, it appears that the RM2.5-2.6 million compensation for severance pay and early termination of contract were properly approved by the Board of Directors of MBI after all. I wonder whether the investigation is going to prove otherwise.

Anyway, we will have to wait until December to see what the investigation reveals and whether there was a violation of procedure and abuse of power as what has been alleged. If there was then a MACC report must be lodged so that Khalid Ibrahim’s arse can be hauled of to jail.