Thursday, April 05, 2012
Security risk of Hood Osman
In the case between Hong Leong Leasing against borrowers including Arus Murni to use the former Inchcape Timuran Berhad to takeover Kewangan Bersatu Berhad, attention is only on Faiz Abdullah and Hamzah Harun, the two Directors of Arus Murni (Arus Murni).
Arus Murni borrowed RM224,478,000 and there is also syndicated term loan of RM224,478,000 arranged as follows:
The image aboue is from a court document of the said lawsuit here.
Leave aside Arus Murni, Faiz Abdullah and Dato Seri Anwar Ibrahim, who lately have been looking rather kurang seri for many reasons, politically and personally.
Low was the one that invoke the name of Anwar Ibrahim and Tan Sri Quek Leng Chan. Who is he? And who are the others?
Let us reveal on Hood Osman.
Teh Soon Seng links
Was about to write about Low but Jailani Harun beat us to it. Let us then just read his linked here.
Low is the right hand man of fugitive Teh Soon Seng of Aokam Perdana, who leased the Sagisan timber concession from Dato Ishak Ismail's Idris Hydraulic Berhad (Idris).
As told by my good friend at Innoprise, Teh conned the whole capital market into believing Sagisan concession had extraordinary extraction rate. Credit Suisse First Boston (CSFB) end up carrying the baby of a USD100 million bond and Teh has since been missing.
Aokam brought in former IGP, Dato Shamsuri Arshad to help track Teh to no avail. That was the last answer from Shamsuri the last time the question was asked to him.
Jailani revealed Hamzah Harun was a close friend and Director of Teh's companies, Aokam Perdana, Golden Plus and Idris Hydraulic, and Faiz was Company Secretary.
Which company, Jailani did not specify. However, our recollection points to Idris. Not too sure, if Teh was Director of Idris too!
The heading of one of yesterday's The Malay Mail report by Cynthia Blemin reads "Hood Osman to head North Port." It revealed and gave lead that he is the CEO of Kontena Nasional Berhad.
The report merely mention his name came from industry sources. Sources within PNB suspected that he may have planted the story to position himself to climb another rung on the PNB ladder.
If that is so, it is surprising because he is being sued in a case involving transaction that is an open secret linked to former Minister of Finance cum Deputy Prime Minister, Dato Seri Anwar bin Ibrahim.
It means Hood Osman is an Anwar man!
He should be deemed as a security risk to hold any key position in Government or Government or State Linked Companies. The "Gods" of PNB should be flabbergasted with this revelation.
In the past, many of Anwar's boys came from PNB. There is a long list of Khalid Ibrahim's PNB piers and subordinates supporting PKR or Anwar sympathisers. Thus, there should not be any compromise to anyone working-in-sodomy with Anwar Ibrahim, literally or metaphorically.
The question is not about separating politics from business or professional work. Or even the issue of rights of Malaysian not supporting UMNO to secure employment.
It is issues of trust and loyalty, and stretching into the realm of risk.
Who will his loyalty and whose words he will adhere to: Prime Minister, Dato Seri Najib bin Tun Abdul Razak as Chairman of Yayasan Pelaburan Bumiputera, the top of pyramid of PNB or Brother Anwar Bin Ibrahim?
In the failed acquisition of Kewangan Bersatu Berhad, an open secret without any shread of doubt, Hood Osman is alleged to have receive some RM80 million in his capacity as proxy of Anwar. That is an illegal act.
Wonder where is the money now?
PNB Group's CEO cannot have that sword of Democles hanging on the head of their CEO till the media break the story. If he loses, he will be a bankrupt and that can be a financial risk to the company by itself. Let alone losing focus on his job.
He should be suspended immediately from his post until further progress in court.
The fact that Hood is the CEO of Kontena means PNB is sloppy in screening it's CEOs.
Hood Osman is a Kelantanis, lawyer and UIA graduate. Prior to Kontena Nasional, he worked for MOCCIS Berhad. His success in infiltrating PNB Group of Companies only means he never disclosed his relationship with Anwar Ibrahim when he joined Kontena Nasional.
Yours truly remembered being introduced to him in the General Election of 2004 at one Pacific Hotel in Kota Baru. He was helping Dato Zaid Ibrahim's campaign, then running under UMNO ticket for Kota Baru parliamentary seat. His campaign was housed in the same hotel.
Zaid is inextricably linked to Tengku Razaleigh. Our reliable source claimed Hood was also a Ku Li protege.
Hood has been trying to get close with Dato Mukhriz and his ANSARA Alumni network. He is equally close with Khairy Jamaluddin.
Sources claimed he knows people from the Prime Minister's Office (PMO), Deputy Prime Minister's Office (DPMO) and their Special Officers. They should be alerted.
Anwar's man appear smartly dresses, well cropped and project a smart, pleasant and intelligent image. Perhaps, it's a gay thing but it helps in their infiltration into various groups for information and positions.
That makes them a potently dangerous liaison.
Once inside, they can be damaging. For instance, Kontena Nasional gets contracts from Government, including Election Commission-related consignments. That will be useful to alert the opposition on the upcoming election.
One source had reveal to us of a mechanism used by Anwar's money man to create fictitious trade and accompanying documents to bring money back for election.
Many more information like the so-called Rosmah's diamond ring will be leaked, spinned out of proportion and used to discredit the proven better BN administration.
What if he is entrusted by Anwar to smuggle arms to equipped Malaysia Spring with arms?
What about revive insurgents to take out a certain Malaysian states from the Federation? Why then was Dato Dr Jeffrey Kitingan held under ISA many years ago?
Having kaki in Kontena and a major port, like the North Port will come in handy to them.
Furthermore, a position in Kontena and North Port is an important position that is high up in the ladder of PNB.
Using his Anwar grooming and natural Kelantanis opportunistic ability, Hood may have developed certain level of closeness with PNB Chairman Tun Sri Ahmad Sarji.
Sources claimed he may have sweet talked Sarji to believe that he has reached an out-of-court settlement. Does Sarji knows that the court trial has began and will resume in mid-April?
If he is not chummy with Sarji, he wouldn't aspire holding a twin position in Kontena and North Post like Khalid used to in his days in PNB.
Hood cannot be trusted. He should either be dismissed or sent for 'gardening leave'. Left to us, he should be dismissed if the case goes against him And still be dismissed if he escaped the lawsuit.
If Sarji resist, someone must override. PNB Chairman is still answerable to Members of the Board of Directors and Members of the Board of Trustees of Yayasan Pelaburan Bumiputera.
Security of the realm is of paramount importance and over-ride other issues. Comprende?
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