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Thursday, September 11, 2014

Admission by Khazanah Nasional that they are a failure

This is taken from Khazanah Nasional’s restructuring plan booklet on Malaysia Airlines..
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The bosses in Khazanah Nasional even lent perspective in their failure and put it in one para:
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So what do we get after four failures by Azman Mokhtar’s team? RM17.4 Billion were spent without any results at the cost of 1,700 Trust Schools and 200,000 rural households have no running water and electricity.
That is the cost of failure by those who run Khazanah Nasional.
And yet, they have the gall to tell us (again) that this time around, the restructuring effort will be guided by principles of transparency, fairness and compassion?
Their ego must be the size of the moon, their stupidity must be as deep as the pacific ocean.
Do we want to trust these rich no-hopers again?
On another note, how long do we want to see a family member of Ketua Pemuda Umno Malaysia getting millions of profits at the expense of MAS? Food catering contract between MAS and Brahim LSG Skychef must be terminated immediately. Don’t they dare ask for compensation. Khazanah must take responsibility. Is there no one to be accountable for these failures and grand theft con? They used MAS to enrich themselves and now running the institution down. Khazanah Nasional must not get away with all these holier than thou remarks they put in their little ‘restructuring plan’ booklet.

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