Dollah ass is on fire: Malaysia Scomi names managers; CEO in US probe

Malaysian engineer Scomi Group  has appointed a management team pending US State Department sanctions on its chief executive, in a move aimed to ensure it can do business in the United States.

CEO Shah Hakim Shahnazim Zain was named in a State Department sanctions list issued on Jan. 12 for providing components to disgraced Pakistani nuclear scientist Abdul Qadeer Khan, who supplied nuclear materials to Iran and Libya.

In a statement to Malaysia’s stock exchange today, Scomi said the formation of a 3-man executive management committee was a “temporary measure” while it sought a ruling that the sanctions did not impact on its business with US companies.

Scomi was investigated after a ship carrying centrifuge parts was intercepted en route to Libya. The company said it was duped into making the parts.