Musa, Anwar and other politico-corporate development


In case readers did not notice, Musa the Fox campaign picture was removed from this blog this morning. It is officially lifted.

Sime Darby’s Annual and Extraordinary General Meetings yesterday went well. Resolutions tabled for the EGM approved. Mainstream paper reported of Dato Bakke Salleh expressed intention not to accept the scheme.

And Tun Musa Hitam did the gentleman thing to not seek re-election as Sime Darby Chairman.

However, it has got nothing to do with our previous posting calling for him not to seek re-election. [Read here.] He had planned for it and told shareholders at the AGM.

“I had intended to serve Sime Darby for three years from 2007. However, due to a number of reasons, that decision was delayed until now. I hand over the reins of this great company to the next generation of leaders. I do so with an easy heart.”

Here onward, let the issue lay.

While it is easy for Musa, it is not getting easier for Dato Seri Anwar Ibrahim.

The court of appeal has ruled that Anwar will be required to appear in court as witness in the lawsuit by Hong Leong bank against shareholders of Aras Murni Corporation Berhad (AMCB).

[Read our past postings: Opening of Anwar’s Pandora Box and Security Risk of Hood Osman.]

Actually, there is supposed to be a bigger revelation from the past to come and haunt him. Not this one.

First thing first.

Why is PNB still keeping this dude, Hood Osman with a financial lawsuit up his neck?

Isn’t having a CEO with a lawsuit subjecting the company to risk?

What’s wrong with Tan Sri Hamad Kama Piah?

Doesn’t he read employment contracts that they must be free from bankruptcy? The least he could do is put Hood on gardening leave.

Hamad better watch his steps.

There are many unsavory rumours circulating with regard to the construction of the 100 floors Menara PNB. Rumours are saying the Menara PNB Project Office, if there is one yet, is beginning to be a de facto business arm of the Persatuan Anak Kelantan Malaysia.

Does he think BN can win in Kelantan and it is time to dish out rewards?

Hood together with few others are sued by an old crony of Anwar Ibrahim, Tan Sri Quek Leng Chan’s Hong Leong Bank with regards to an old loan given AMCB to takeover Kewangan Usaha bersatu (KUB).

Deal and loan gone sour and Quek wants his money back. Perhaps, the far sighted Quek do not see any prospect with Anwar Ibrahim.

Freedy Kevin highlighted in his blog here that:

The Court of Appeal here on Wednesday allowed an appeal brought by a businessman to amend his statement of defence to include the involvement of opposition leader Datuk Seri Anwar Ibrahim as the person behind the RM445mil deal to acquire Arus Murni Corporation Bhd (AMCB), which was owned Kewangan Bersatu Bhd (KBB).

The businessman dare to take up the loan because Anwar was involved.

“When asked by his lawyer, D. Paramalingam, how the companies and individuals were related, Low said: “From what I know, they are all cronies of Datuk Seri Anwar Ibrahim.”

Is this the man Pakatan Rakyat wants to lead this nation in the fight against corruption? Imagine, the people falling for the allegations he made on corruption but he himself is corrupt.

Oooo … let’s wait for this court case first. The financial scandal on Anwar will involved billions!

As far as we know, Tun Musa never had a history of corruption. Our concern is that he is a political animal. He cannot shed his habit as politician, his behaviour as politician and his manouvring like a politician.

In the time to come, we cannot afford to go on like this. Prime Minister has already started making Board of Directors of IMDB comprise of professionals and no politicians.