Malay massacre at Maybank (Part 3)

A lawyer read the two earlier Parts of this series and wrote a message anonymously.

He claimed to be in the panel of Maybank and admitted to have been approached by Maybank staff on racial discrimination cases but have to reject potential clients due to conflict of interest. It had been going on for a long time.

The commentator said there is the same phenomenon in Maybank's Legal Department. Instead of Chinese controlled, the Legal Department is Indian controlled and generally only Indian lawyers are getting legal jobs. Allegedly, Malay and Chinese law firms are being discriminated against.

Exactly a year ago, another commentator alerted of Dato Farid Alias's poor choice of replacement for the position of CEO of Maybank's Investment Banking arm. After Farid was reassigned from that position, he was replaced by Tengku Dato Zafrul.

Malay massacre at Maybank (Part 2)

The tip-off to this series of postings came from talks within the IT industry. Maybank has lots of vendors and the staff and management have networking with industry people through participation in courses, conferences, and conventions.

Words do come around. Only last week one IT staff of a GLC was talking about it. He said it has been the talk of the industry. By the second part, quite sure insider will be contacting us to tell more.

Few words from commentators to yesterday posting was interesting and useful. One highlighted that members of the Board of Trustees (BoT) of Yayasan Bumiputera are all Melayu, Board of Directors (BoD) of PNB are all Melayu [see here] and some 7 members of Board of Directors of Maybank [see here] are Melayu including the Chairman.

How could this had happen? Did the two ANSARA Seremban - Dato Abdul Wahid Omar or now successor, Dato Farid Alias - failed to monitor the organisation under their watch?

As one Chinese friend kept telling us, the people that screwed Melayu are not Chinese but the Melayu themselves. He notice Melayu, from humble beginning that went up the social and economic ladder through NEP, foresaken their fellow Melayus.

Malay massacre at Maybank (Part 1)

The Maybank building was designed by the architect Hijas Kasturi to emulate the kris, a weapon and more a symbol of power in Malay culture. It was symbolic for Maybank as the leading Bank of Malaysia and owned by Permodalan Nasional Berhad (PNB).

In a complex organsation structure, PNB is owned by Yayasan Bumiputera Berhad in which the Chairman is the President of UMNO and members of  the Board of Trustees are UMNO leaders too. Amanah Saham Nasional Berhad (ASN) is a subsidiary of PNB which managed the Sekim ASN and ASB initiated by PNB.

This was all established under the NEP era to increase Malay and Bumiputera equity and assist the government in their role to increase Malay and Bumiputera particpation in the economy; employment, corporate ownership and entrepreneurship (via PUNB).

Cutting off leg to remove the pain of gout

Ludicrous isn't it, Arul?

Just weeks a go, there was a presentation and discussion by an "economic consultant" on 1MDB. He presented the list of issues on 1MDB compiled from statements of opposition leaders, reports of left leaning medias and bloggers postings.

Using the anonymous and unconfirmed material, he concluded to recommend 1MDB be liquidated. Anyone with any basics in Strategic Management or Business Policy knows that it is like cutting off one's leg just to remove the pain of a gout attack.

Today another positive effort is made on 1MDB to bring in Prokhas.  It must be consequent to Arul Kandasamy's statement on their strategic review in February.

A week earlier to the presentation one corporate personality said 1MDB can be salvaged. It means there are values to be derived from it. Only last week, Edge Financial Daily reported a former TNB CEO said his company is exploring into the IPP assets of 1MDB.

TMI's version of army roadblock, CM accident and bus turned turtle

Early yesterday morning a friend sent a message alerting of a massive traffic jam in the direction to  Putrajaya and KLIA. The message mentioned the existence of army checkpoints and intensive search.

Innocently, the message was forwarded into our Alumni Whass App group. There was a reaction that speculated the possibility of a catastrophe. Another speculated #KitaLawan did a demonstration inside Putrajaya. An auntie was worried of her niece living in Putarajaya.

So there was a request to get updated. When an update came in, it turned out to be the picture above. Upon forwarding it, we were naturally accused of pulling a belated April fool prank.

"Hello Mahfuz, ini Sirul ..."

Not actually Sirul.... just playing fun on Dato Mahfuz Omar.

He was trying to pull a publicity stunt to try call Sirul. The former UTK is on deathrow and had fled to Australia before Federal Court re-sentenced him and his immediate superior, Azrilah for the murdder of Mongolian escort women, Altantunya Shariibu.

Sirul is under detention at the Immigration detention center in Australia.

Few weeks later, after getting trolled to do a press conference with Sirul's mother on that Friday of the stunt, Mahfuz went to Australia with Sirul's mother.

Maybe sincerely and maybe to save face with the media, Mahfuz actually brought Sirul's mother to Australia. Comedic as it is, Mahfuz has managed to win the heart of Sirul's mother and he could turn it into an issue.

Gee... Gee ... GST

The first day of GST was extremely chaotic.

Our scheduled meeting with our web designer was cancelled. He was too swarmed with GST system issues that he had to miss lunch and expect to be back near midnight last night.

The nearby Mini Market which has a payment system couldn't accept any utilities payments yesterday. System is off due to GST. Better come back tomorrow.

"Hari pertama GST ini gila ... Macam mana Nescafe kena GST tapi Milo dan Horlick kena?" he complained.

"Najib dan Rosmah suka minum Nescafe ke?"