Tan Sri Tony Fernandes's Sly Strategy: Tony 's Actions Raise Serious Ethical Questions

New Conspiracy Theory


A new conspiracy theory is now being spun by Tajuddin’s supporters that he was booted out by Minister in the Prime Minister’s Department (Economic Planning Unit) Tan Sri Nor Mohamed Yakcop. So, Tajuddin’s henchman and proxy, Shahidan Shafie, with his wide tentacles in every law enforcement agency, including being A-G Gani Patail’s close friend, is now hunting those connected to Nor Mohamed. Shahidan is now exacting revenge for Tajuddin.


Only yesterday, the MACC charged Nor Mohamed Yakcop’s former political secretary, Hasbie Satar, for money-laundering. Hasbie, 37, from Sarawak (Idris Jala’s home state) appeared alone and unrepresented when he was charged under Section 4 (1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001. This offence carries a fine of RM5million or jail term of five years.

Targetting the High Performer Azman Mokhtar,  Khazanah Nasional CEO

Now Tajuddin and Shahidan are targeting the founders of the consultancy firm, Bina Fikir, which was responsible for WAU. Using the blogs, they have linked Nor Mohamed to Bina Fikir’s founders, Rashdan and Cambridge educated Tan Sri Azman Mokhtar who is now heading Khazanah Nasional Berhad, the nation’s investment arm. There are whispers within Khazanah that MACC has been busy visiting Khazanah on uncorroborated allegations. It seems that high performer Azman Mokhtar is being harassed using the MACC. It seems nobody is safe from the wrath of Tajuddin Ramli.

Fernandes has used his fortune made from AirAsia’s success to venture into owning a Formula One racing team Caterham F1 Team and the Queens Park Rangers football club playing in the English Premier League.

"Spare a thought for Uncle Tony F, Chief Executive of 'Air Asia"......

Arriving in a hotel in KL Sentral he went to the bar and asked for a pint of draught Guinness. The barman nodded and said, "That will be one Ringgitplease, Uncle Tony."

Somewhat taken aback, Uncle Tony replied, "That's very cheap," and handed over his money. 

"Well, we try to stay ahead of the competition", said the
barman. "And we are serving free pints every Wednesday evening 
from 6 until 8. We have the cheapest draught in Asia"

"That is remarkable value" Uncle Tony comments

"I see you don't seem to have a glass, so you'll probably need one of ours. That will be 3 Ringgit please."

Uncle Tony scowled, but paid up. He took his drink and walked towards a seat.

"Ah, you want to sit down?" said the barman. "That'll be an extra 2 Ringgit . You could have pre-book the seat, and it would have only cost you a Ringgit"

"I think you may to be too big for the seat sir, can I ask you to sit in this frame please" 

Uncle Tony attempts to sit down but the frame is too small and when he can't squeeze in he complains "Nobody would fit in that little frame". 

"I'm afraid if you can't fit in the frame you'll have topay an extra surcharge of RM 4 for your seat sir"

Tony swore to himself, but paid up. "I see that you have brought your
laptop with you" added the barman. "And since that wasn't pre-booked either, that will be another 3 Ringgit"

Uncle Tony was so annoyed that he walked back to the bar, slammed his drink on the counter, and yelled, "This is ridiculous, I want to speak to themanager".

"Ah, I see you want to use the counter," says the barman, "that will 
be 2 Ringgit please." Uncle's face was red with rage. 

"Do you know who I am?" 

"Of course I do Mr Fernandes

"I've had enough, What sort of Hotel is this? I come in for a quiet drink 
and you treat me like this. I insist on speaking to a manager!"

"Here is his E mail address, or if you wish, you can contact him between 9 and 9.10 every morning, Monday to Tuesday at this free phone number.Calls are free, until they are answered, then there is a talking charge of only 10 sen per second provided you use Tune Talk. Using other mobile carriers would incur our normal charges of 30 sen per second

"I will never use this bar again"

"OK Uncle , but remember, we are the only bar in Asia selling pints for one Ringgit...so that NOW EVERYONE CAN DRINK.”

It's time to free American democracy from the devastating social and economic consequences of the systemic and wholesale bribery of politicians and elected officials. Thanks to the growing Occupy Wall Street (OWS) movement, the consciousness of millions of people across the United States has been irreversible raised about this counterproductive predicament.

Public politicians ought to be "free" from the monetary bribes of the avarice and psychotic greed of the 1% who, many of whom, do not give a damn about the masses of poor and working class people.

There are some who have shown an arrogant disdain for the democratic principles of fairness, equal justice and opportunity, inclusiveness, and diversity. They openly buy politicians and pimp them to do whatever they want to obtain their insatiable desires for monopoly control.

As a means of stopping the bribery, there needs to be a Constitutional Amendment to make it illegal to buy, financially contribute to or to use money to influence federal elected officials. That would mean that the future election campaigns for all members of Congress as well as for the office of the President and the Vice President will be totally publicly financed. This will stop the partisan gridlock that has plagued Washington for too long, because the politicians will be working for the people again, not for the corporations who line up outside their office to lobby.

This would definitely not limit or deter freedom of speech, but would rather significantly enhance public political accountability, transparency and the "freedom" of political discourse from the often hidden reactionary hands of a few who would only manipulate the political system for their own narrow exclusive gains.

We welcome the sight of increasing numbers of people in protest actions that have been re-awakened on this issue. In order to effectively challenge income inequality, there needs to be a focus on establishing greater accountability between elected officials and the people who vote for them.

As the nation is about to go into full gear once again with the fast approaching 2012 national elections, there is a sense of urgency about making sure that the elections will be not be brought and controlled by the 1%. "Power to the people" ultimately means the empowerment of the masses through full participatory democracy and sustainable development. This idea benefits every American, whether you belong to the Tea Party, Democratic Party, Republican Party or no party.

There is a good regulatory resolution pending before the Los Angeles City Council that also calls for a Constitutional Amendment that would ban corporations from using money under the disguise of free speech and to further prohibit money from corporations to use to influence elections and political campaigns. The resolution was brought before the LA City Council by a national grass-roots group know as Move to Amend. Other anti-bribery coalitions are springing up across the nation. Much respect goes out to the Occupy Wall Street movement as the most visible and diverse movement for economic justice and equality.

We cannot afford to let the current status quo inequities continue without a nationwide show of solidarity and demand for change. It's time for the 100% to demand a stop to the political bribery system.

Tony to Azman, "Great job!"

Jebat Must Die is bombarding Khazanah CEO, Tan Sri Azman Mokhtar for his incompetence. Read here and here.


Yesterday afternon, a close friend of mine came to visit. This friend used to work for someone who was together with Azman and Dato Danny Yusof in Binafikir. He said:

"Gathering from my conversation with him, Azman is just an analyst and talks like a researcher. Danny just a geeky accountant.


Both know nuts about running company operations and managing businesses. They have no idea how to develop business. They only know financial restructuring.


That is why they can't turnaround companies. Khazanah's failed to do strategic investment. Agro-business ventures failed. There is no way this people can turnaround MAS. "

Adding to that, this blogger had been told by a high level source that the Wide Unbundling of Asset proposal (WAU) by Binafikir was never their's.


The source claimed the WAU proposal was almost a carbon copy of a proposal given to the then Minister of Finance, Dato Seri Anwar Ibrahim sometimes in mid-90s but was rejected.

One can suspiciously speculate that Tan Sri Nor Mohamad Yakcop may have got hold of the proposal and extended a copy to them. Azman, Danny, Khazanah and some of theTingkat 4 are Nor Yakcop's corporate boys.

However, the source claimed that the difference between Binafikir's WAU proposal and the received proposal is that the received proposal will not cost the Government any money and could develop the Malaysian aviation industry into a serious regional player.

Unfortunately, Anwar Ibrahim was too dumb to understand the proposal.

And that opportunity have by-passed us. Azman and Danny made money selling Binafikir to Maybank who had no reason to buy with Aseambanker in their fold. Something smells when Danny left Binafikir after only a year.

Whether it is true or false, why reveal this now? It sounds vindictive and personal.

Off course, there is a timing to everything. The reason being the Khazanah people have not being honest in their dealing and conduct of the MAS and Air Asia share swap.

Over the years, their capability to turnaround MAS should have been seriously questioned. If they can't do it, pass it to Airliners. Not geeky accountants. Not analysts. Not flamboyant salesman. Not IPP operator. Not bankers. Not Butcher from Shell.

But they refused.

It is as though they have something to hide. For sure, Nor Mohamad Yakcop has lots of ex-to-grind against Tan Sri Tajuddin Ramli and he would love to see MAS exist no more to hide his sordid past at Bank Negara, MAS and Naluri.


As of today, the much talked about Collaboration Framework promised had not been put together and signed by Khazanah party and Air Asia party.

The promise that the share swap between MAS and Air Asia could raise money for MAS was all bull and was to put wool on the eyes of the public.

This #SMS received from my inside source in MAS revealed the latest development, below:

The plan is to turn MAS private by buying out minority s/holder and get delisted. Engineering and cargo will be sold off. This implies that they will have the freedom to do as they please without public scrutiny.

This is the same mistake repeatedly made by Khazanah in their past turnaround plans of MAS. Profitable routes given away, cut capacity for potential business and growth, and now selling profitable asset.

It can be speculated that since Tony F's problem is in engineering, there is that likelihood engineering will be given for cheaps to Air Asia with the air cargo business added on as bonus.

Not only have they shelved Firefly and Tony now planning to established Chartam Air, MAS had two profitable Sydney routes but is giving one to foreign controlled Air Asia X.

Jeddah route will be given away too. From next year, some of the Hajj charter will be Air Asia-X's.

Profitable London route was the first Danny slashed. It was him who said something greek which means "no one party lose out but some party maybe better off."

Air Asia is better off at the expense of MAS.Apa ini one party is losing put?

It seems what Tony F did to Rural Air Service, this time Tony F have Khazanah as partner to cannibalise MAS and Danny "Boy" to be pushed around to buy worthless advertisement on QPR stadium boards.

It now puts into question Azman's claim to bloggers that each airline will stay within their respective "quadrant" of short haul, long haul, low cost, and full service?

Back to the SMS, the option taken by Azman and his Khazanah's team is typical of close-minded financial man and accountants without business management knowledge and acumen.

The past mistake of Khazanah identified, trained and nurtured former CEO Tengku Azmil was an accountant trying to be a Commercial Director. To make situation worse, Azmil couldn't handle his two Assistant Commercial Directors throwing chairs at each other in meetings.

Khazanah and Bina Fikir's handling of MAS was never concerned in generating business to turnaround the business. It is not that they do not want but it confirms that Khazanah appointed people do not know.

To continue the @SMS:

Their excuse is we need to sell the two profit making SBU to raise money for the airline biz to operate. By default, MAS will turn into a PN4 company and immediately delisted.

Their reason was the hole is bigger than that imagined. How can that be?

MAS performance and financial status had been under scrutiny for many years after Tajuddin left.

Tengku Azmil was only around for a year. So whose hole should it be?

Idris Jala's?

One well celebrated business and political figure informed this blogger two, three months ago that Idris Jala was losing money at the rate of RM100 million a month. He may have used the long time fuel hedges to coverup the true financial status until new accounting practise demand disclosure of operating figures.

The top management described it as a spin because they know MAS can be turnaround but these Khazanah people do not know but are too arrogant to ask and listen.

If Khazanah take that route, it confirms their lack of knowledge and management skill in the airline business. Yet all these years, they were letting the staff on a wild goose chase as though they are serious to turnaround MAS.

By repeatedly giving away their revenue earners, there is no serious intention to turnaround. How will MAS be profitable and grow if capacity slashed and profit generator sold?

This is but a lazy option to merely duplicate what Khazanah did at United Engineers. They delisted UEM and then relist the profitable or potentially profitable UEM Land. And UEM Land will sell Malaysian land and property i.e. sovereignty to Singaporean at Iskandar Johor. Has the problems in Dubai resolved?

It fits what the staff had known all along. MAS had been designed by Nor Mohamad Yakcop fro the days of Pak Lah's administration to be cannibalised by Pak Lah, his family and cronies like Kalimullah.

Back to the SMS# message:

That's the view of few Top 100 senior management personnel present at 630 pm today. At 9am tomorrow, there will be a town hall session with rest of staff before they make the presentation to Ministry of Transport.

All the promises by Azman that MAS will remain in control seemed to be a white lie, like the promise of collaboration.

In the first place, how could you collaborate with a dog like Tony F.


It looks like Air Asia have got the most benefit from the temporary swap. They get an inside knowledge on their competitor and it's business plan.

They get MAS's routes which have been many since the day Danny entered MAS as Executive Director. Air Asia have reduced any possible head to head competition from MAS.

They are in the Committee to select the CEO, which means MAS CEO Ahmad Jauhari is powerless to the evil twin of Tony F and Din.

It is now understandable why Azman kept quiet when Tony F was heartedly breaking the agreement to stop "grandstanding" and his charade against Malaysia Airport.