The entry into the Collaboration Agreement does not have any effect on the issued and paid- up share capital of the Company and is not expected to have any material effect on the earnings, gearing and net assets of AirAsia group for the financial year ending 31 December 2011.
However it is expected to contribute positively to AirAsia group
On another note, if the USD 3.35M out-of-court settlement is the lowest ever settlement paid by an Airline, then I would then have to credit Dr Wafi for the excellent work…..
If MyCC is upright then the share swap and with collaborative framework will be caught by the anti-trust laws here and other countries. Let’s wait for 1 January 2012 to see MyCC is able to do its job like US District Court. If MyCC cannot do a proper job let’s complain to other countries where MAS and the pariah airlines fly to.
Anonymous
If that Panamera deadwood is doing his job well then MAS will not have to pay a single Sen and no need to appoint Bain & Co to advise on anti-trust laws. The fact that MAS had to appoint Bain & Co shows that Wafi is on a gaji buta scheme. Anti-trust expert had to appoint consultant. What a joke!
Now we all know what’s Dr. Wafi has been doing for MAS.
Anonymous @ 8:01 pm
You got to be joking. You are flatering Dr Wafi. Even he himself knew that he had done a poor job. If he did his job well, then MAS will not be the subject of complaint in the first place. We in MAS know better about Dr Wafi. He has a Panamera ok but performance of not even cubcai!
Azmi MAS,
This is where I fear you have lost your objectivity. I think I wouldn’t be wrong if I were to say that it is usually the business users acted in violation of the law. Only after the act is done and the company gets caught, are corporate counsel like Dr Wafi, brought in to save the day. In the case of MAS, this happens despite the high state of awareness of the airline industry of anti-trust over the last few years and programs that was in place to educate the business users.
I posed a point for all of us to ponder in giving credit where it is due. Given the extremely low amount of out-of-court settlement, the counsel whoever he is and whatever car he drives, must be given credit. Keep in mind that the amount paid out is a small faction of the fines paid out by the other airlines. I shudder to think that MAS would have gone under if MAS had to pay the kind of fines paid by Korean Air or even British Air.
I put it that the real culprits in this case or as you put it incompetent deadwood are the business users who acted in violation of the law in the first place. Has action such as sacking as suggested by you, been taken against these perpetrators? Or have they been let off?
To MAS guy,
I do not believe Bain & Co was brought in to advise MAS on anti-trust laws. If I correctly read Dr Wafi’s email posted here previously, Bain & Co was brought in in order to become the arbiter in and auditer of the information being passed between MAS business users and the 2 board members who are also owners of Air Asia. I believe given the circumstances, letting an independent neutral party perform this function, is the best course of action. Dr Wafi could not have done this job because he is an interested party.
Dont let envy and the need to blame others make us blind to the truth.
I am not sure whether you already know the information about the decision of changing the MAS logo colour to totally blue , the red part is to be eliminated because maybe Tony doesn
guys
can’t comment much on Dr Wafi but if u see the figure other airlines paid in anti-trust compared to MAS, u must give some credit to him, when the credit is due… all the breach that expose MAS to all anti-trust, u tot he knew ka??? he only knew when we need serve by court…
i have conversation with him last time and actually nothing he can do within his “salary scale” to prevent this CCF and suap deal. he alredi advice mgmt on this but if the top guy don’t want to listen, what on earth he can do????? what he can do now just a damage control and make sure the we don’t pay tooooooo much for this “drama tamil”
this game played by big white shark and beyond our wildest imagination. don’t take my word for it, but who is the broker/banker behind this arrangement ????????
even MYCC cleared MAS/AK, do u thing other countries like singapore, indon, EUR, US, Australia which already implement anti-trust earlier than Msia, will allow MAS/AK do whatever their pleased… stupid mistake my man..
but the sad thing is once MAS been penalise, the impact will be on staff… no more OT, not more bonus (BTW, we never get bonus for the past 8 years tenure myself with MAS. the highest boss was 2007 when MAS recorded RM 800++ M profit, staff get 1 month after kerja macam nak mampus) and things that MAS MD like to do…REDUCE STAFF… big boss mistake, staff yg tanggung 🙁
just wait for few days and it will be a surprise announcement on our route rationalization but hold ur horses my man… this just 1st stage…
2nd stage it will have bigger SURPRISE.. for all the boom or doom…. just wait and see how this game played by THE MASTER….
YB Wee….
do u know that MAS have a paid adviser but it really unsurprised when this paid adviser huk hek pong tidak when MAS in crisis
u will do us a big favour if u can find a replacement killer…… opsss adviser to do what he/she suppose to do, which is ADVISE, not zzzzzzzzzzzzz
just my 2 cents
Anonymous and flyguy, i am with you and yes, Dr. Wafi has done a great deeds for MAS despite some individual still trying hard to discredit him and his team. I work in MAS and I know how MAS is like suchlike decisions were all made first before consulting the rest. and that’s how MAS always get into trouble because the uneducated idiots above us are always thinking they’re the clever one..the uneducated above us is Khazanah Azman Bodoh.
YB CK Wee
Please look into the matter of cross directorship in competing companies. Someone suggested – on another blog – this is specifically disallowed by the Companies Act of Malaysia 1965.
If this is so – then Tony and Din are in clear breach of the Companies Act 1965.
If this illegal act had been committed, then Khazanah and the 2 persons should do the necessary actions immediately or the ROC should take immediate actions to prosecute.
Please look into this.
Thanks YB and please continue with the EXCELLENT work you are doing.
Where will you be standing in the next election? I will be more than willing to campaign for you.
Very best regards
Well done, people. Keep the pressure on. Give MyCC more bullets
MyCC to probe MAS-AirAsia deal
December 14, 2011
The commission has received complaints from consumers about the pact.
KUALA LUMPUR: Malaysia Competition Commission (MyCC) will look into the share swap deal between Malaysian Airline System Bhd (MAS) and AirAsia Bhd when the Competition Act 2010 comes into effect Jan 1 next year.
Its chief executive officer, Shila Dorai Raj, said there were already complaints from consumers and they had urged MyCC to look into the deal and whether it would affect them.
Staff Only
It is no good to now say that everything in MAS was done without consultation. Dr Wafi as a professional should have stood his ground and resigned. To now state that his advice was not sought was a lame excuse. We in MAS know this Panamera dead wood too well. He is good in appointing lawyers and consultants. What is the point of having a person to head it when almost all matters were out sourced. Anybody could do the job of appointing outside consultants to do the job. An idiot can also do it.
Why stayed on to hold on to the post when one opinions have not been sought. Staying on under such circumstances, if it was true, amounted to gaji buta, no self respect and lack of professionalism.
The Panamera is more important than self respect and professionalism.
MyCC should make the shaw SUAP its first case and to show how it practices transparency and accountability. Also to show how it protect public inters to ensure that competition is not stifled in the aviation industry in Malaysia. Open sky must come with open market with no market control. AirAsia must not be allowed to dictate terms to MAS or MAHB.
YB WCK,
Is there any sign of a rainbow at the end of this issue? A lot have been said with facts presented but I feel nothing positive is forthcoming. It’s like MAS is a goner and being shred to bits daily. At the end of this ‘never ending story’, I wonder what MAS will be known.
Jamal
easier said than done…
base on ur advice, i believe u change job 1 to many because once ur boss don’t accept ur advice, u resign, right?
BTW, i’m not backup or bodek anybody, just show the actual picture what happen not just in MAS, but in corporate world……..
YB WCK,
I agree with what Namza Said. So much has been said but where we are going from here. From MAS catering to SUAP swap. We know Malaysia is best known for the cover up and it bolehland skill
how heroic. anyone notice that the fact that a penalty was imposed against MAS meant that it was guilty of the charges against it? Even if the penalty was USD1, it’s still a conviction. Also, do you know why MAS’ penalty was lower vs other airlines? Was their liabilty/exposure naturally less compared to the rest or did the superstar antitrust lawyer really won that ‘low’ penalty when it should have been higher?
Jamal, i am not wasting my time debating whether Dr. Wafi has done his job correctly or not but my point is I’m not the only who knows what he’s been doing. Credit is credit unless you have done better than him for MAS. Whatever you say would not change my view on Dr. Wafi and his team. The problem you have is “barking at the wrong tree” all the time. You should be barking at AZMAN MOKTHAR AND THE THAMBY ROBBERS. That’ll be worth your barks.
hello lifeless malaysians
Antitrust: Commission fines 11 air cargo carriers
The last time I remember was that Lufthansa sold out STAR alliance through organizing a meeting for fixing prices. Many executives including people in Khazanah and the thamby for example do not know what is anti-trust.
Once all airlines entered into the meeting with Lufthansa fixing prices for cargo, it’s considered “antitrust” activity and therefore, they were all charged in EU court. The difference between MAS and STAR alliance was MAS is not the member of STAR alliance and thanks to Dr. Wafi where he has had conducted classes/meetings for almost all part of MAS offices worldwide. During that crucial moment, Dr. Wafi had proven MAS wasn’t involved in the fixing of prices for cargo and so he won the case on behalf of MAS. The only problem MAS would have is sometimes we do have stubborn idiots who refused to abide the standing law. It takes only one of our executives to make those mistakes proving to antitrust regulators of our participation in fixing or dumping prices. In court, lawyers can plead for lessor charges if it was the first time offender if proven guilty. Simple logic! If not a lawyer, don’t try lawyering with speculation because it makes that “person” looks very gullible in the eyes of public.
Dear YB, if MAS staff got any balls and a slightest intelligence to demand Wafi to file official complaints. If Wafi cannot do it, thus confirm he is a panamera deadwoods. End of argument.
Hope Azman Mokhtar, the corporate guru of all times, who signed that bullshit share SUAP, should read the blog: Jebut Must Die in here http://jebatmustdie.wordpress.com/
guys
based on today session with union, business plan by whix kid danny, he is looking to sell maskargo and engineering to 3rd party if the price is right. like a wonderful WAU 2002 when this Danny the con-sultant sold MAS catering to u-know-who. when union raise a concern that selling kargo and engineering will repeat same mistake when MAS sold catering, danny answer very simple ” we will be more careful this time”… wau, what an intelligent answer from our 2nd man……
sorry can’t provide more detail as i not there…maybe union rep can shed more light on this and other matter
YB WEE
not sure if all we say and fight, either during townhall with mgmt or cyber world, will make any changes…..
MAS becoming more ridiculous now and really feel hopeless when thinking about the future on this once a global icon….
only 1 man can put the stop to this “drama tamil” which is our PM but sad to see that he also don’t say anything…… if he just keep quite doing nothing, ppl will assume all these been planned with his blessing……. really not sure who to vote in GE next year…………
In the US, MAS was not convicted but only a “settlement without admission of liability” of USD 3.35m (the lowest amongst airlines) as lawyers say.
Europe was a different proceeding and MAS was not guilty at all and no settlement was made i.e zero pay out. KLM-Air France was fined Euro 310m for this and so too JAL, Singapore and Cathay.
Even the mighty Singapore airlines has paid USD 150m in fines and damages. BA has paid USD 460m to date. Same too with Qantas which was fined heavily and had 2 executives sent to jail.
Separtely in UK, MAS got itself discharged as a co-defendant of British airways -again huge savings from liabilities. Both Alliance and non-Alliance airlines have been charged under antitrust laws.
Mind you, this was at a time when there was no antitrust law in Malaysia but MAS was without doubt successful in these cases. At that time, all of us Malaysians were ignorant about antitrust law. Suddenly Malaysia has woken up and now everyone claims to be an antitrust expert.
If MAS had lost these cases, MAS would definitely been bankrupt – liability of around RM 3 billion. We would not even need YB’s efforts and blog on the CCF, share swap etc. In fact, only air asia will exist and no competition at all. Then its back to the bad old days of a monopoly – but this time by air asia and TF. Imagine that.
Guys, the air cargo cartel involving MAS started in 1999 and the decision was in 2010 see link –
in YB’s earlier posting about this Dr. Wafi, it stated that he joined MAS in 2003. How can he be responsible or didnt do enough for the antitrust fines when he wasn’t even in MAS? We can conclude that he came later and saved MAS from huge fine unlike other airlines.
Somebody said about barking up the wrong treelah…..deadwoodlah…
We (including me) must be objective. Jangan sampai benci membakar diri sendiri di neraka.
Guys, let’s focus on something not yet happening but is about to happen soon. Maybe if we put our forces together, this thing can be stopped. i am talking about the selling of cargo and engineering. Why are we selling the most profitable business in the company is beyond understanding? why are we not selling the other businesses like the masholidays which is not making money. too many travel agents outside already.
The new lady appointed to take over the head of communication position, heard that she is related to one of the directors from AK. maybe someone can investigate further. Big actions must be taken to wake the management up. Like the time when ESOS was given, the silent and subtle action by the staff especially the airport and engineering guys who can teach the management a lesson or two. No point waiting for union to act.
To be fair to Dr wafi, he must have pulled out every trick in the hat, o ensure MAS got away with ONLY RMM49million in fines, when other airlines were hit with much bigger fines. Well and good. No one thinks of asking 2 pertinent questions : 1. How much did it cost MAS to hire external lawyers, the hidden costs of managing these cases including countless overseas trips etc to “get away” with ONLY RM49mill in fines? AND 2. what happened to the people who committed these blunders that cost MAS? I dont have the answer to the first question, but the answer to the second question is : NOTHING. Accountability is an alien concept in MAS.
from SCOUT
Anonymous
To be fair to MAS employees, there many good staff that had left because of those parachuted panamera deadwood. They have no experience and they were put in position with extremely high salaries just because they have nice degrees to look and to bullshit around like what we are seeing now. Rashdan is a classic example. The Bina tak Fikir that did WAU, which was a total failure. Yet Rashdan is installed by Azman Mokhtar to run MAS. Rashdan knows nuts about anything except to carry Azman ‘s ball and be a crony.
Come back to the deadwood. If Wafi was of any good and performing his duties, then MAS should be facing the RM49 million fine in the first place. Wafi and Rashdan are no different. Parachuted into MAS. THey are got in appointing Con-Sultants to do job for them and they will hide behind the Con-sultants when there are troubles. I am sorry that I cannot go along that Wafi has done a good job. Ptui!! TO THE PANAMERA DEADWOOD THAT ARE ONE OF THE CAUSES OF MAS IN SUCH A DIRE STRAIT.
Anyone can do a job by cutting routes and appointing consultants.
That Wafi is a waste of time. Definitely a Panamera Deadwood. Please do an audit into the consultant fees that MAS has paid from the day he joined MAS until now. I dare not think of the figure.
More importantly, after 1-1-2012 as many of us as possible to write to the Anti-Trust bodies in UK, US, Australia and Germany to complaint about the new cartel that have been created by Azman Mokhtar, his crony Rashdan and friend. Lets make the so-called Collaborative Framework untenable. MyCc can cover up for them but once the complaint reached UK, US, AUstralia, I am sure that there will no covering up.
Good point anonymous – those who did it must be punished. By the way, how did you come up with RM49m. the article said USD 3.35m and thats around RM 10m only?
CON-sultant: you missed an earlier point – the antitrust case happended in 1999 and airlines were fined in 2010. Wafi entered MAS in 2003. sincere advice – Dont let hatred and jealousy make your eyes and heart blind bro.
Please note guys, all Wafi’s good job is done Lee Hishamuddin & Co.
MAS is paying for all the legal fees plus Wafi’s salary.
What is so good about Wafi then?
Impartial
The answer to your question on the RM49mill, this was the figure given to all staff via an email circular from Dr Wafi himself, to ‘showcase’ the good work he and his ‘team’ put in, to protect MAS from being fined a ‘possible’ RM 2billion or some humonguous figure that would have bankrupted MAS. The USD3.35 is just ONE of the many fines MAS had to pay out. But, in MAS Bolehland, no-one will be punished, most probably because many, many ,many would be brought down simultaneously. So, we better scratch each others backs, bro.
It is common knowledge that even the internal arm to conduct investigations into ‘improprieties’, do so very selectively. Corruption appears in all forms in MAS, including moral corruption.
Impartial
Before I forget, since all heroes need to be rewarded, yes, Dr Wafi got his promotion. Of course.
The RM49million paid by MAS includes the case caused by Tajuddin Ramli and the german agents ACL. MAS was sued for Euro 62 million and lost but the payout was brought down to Euro 6.85m. If you add the antitrust and ACL case it roughly amounts to RM 45million (USD3.35m and Euro 7m). Mind you, both cases arose during tajuddin Ramli’s time in 1999 and Wafi entered MAS only in 2003.
Tuan Wee, the fixing of routes and coverage is already a violation of antitrust. See this link item 7 where it stipulated :
http://www.centreforaviation.com/files/analysis/56817/AIRASIA%20(COLLABORATION).pdf
FINANCIAL EFFECTS
The entry into the Collaboration Agreement does not have any effect on the issued and paid- up share capital of the Company and is not expected to have any material effect on the earnings, gearing and net assets of AirAsia group for the financial year ending 31 December 2011.
However it is expected to contribute positively to AirAsia group
On another note, if the USD 3.35M out-of-court settlement is the lowest ever settlement paid by an Airline, then I would then have to credit Dr Wafi for the excellent work…..
If MyCC is upright then the share swap and with collaborative framework will be caught by the anti-trust laws here and other countries. Let’s wait for 1 January 2012 to see MyCC is able to do its job like US District Court. If MyCC cannot do a proper job let’s complain to other countries where MAS and the pariah airlines fly to.
Anonymous
If that Panamera deadwood is doing his job well then MAS will not have to pay a single Sen and no need to appoint Bain & Co to advise on anti-trust laws. The fact that MAS had to appoint Bain & Co shows that Wafi is on a gaji buta scheme. Anti-trust expert had to appoint consultant. What a joke!
Now we all know what’s Dr. Wafi has been doing for MAS.
Anonymous @ 8:01 pm
You got to be joking. You are flatering Dr Wafi. Even he himself knew that he had done a poor job. If he did his job well, then MAS will not be the subject of complaint in the first place. We in MAS know better about Dr Wafi. He has a Panamera ok but performance of not even cubcai!
Azmi MAS,
This is where I fear you have lost your objectivity. I think I wouldn’t be wrong if I were to say that it is usually the business users acted in violation of the law. Only after the act is done and the company gets caught, are corporate counsel like Dr Wafi, brought in to save the day. In the case of MAS, this happens despite the high state of awareness of the airline industry of anti-trust over the last few years and programs that was in place to educate the business users.
I posed a point for all of us to ponder in giving credit where it is due. Given the extremely low amount of out-of-court settlement, the counsel whoever he is and whatever car he drives, must be given credit. Keep in mind that the amount paid out is a small faction of the fines paid out by the other airlines. I shudder to think that MAS would have gone under if MAS had to pay the kind of fines paid by Korean Air or even British Air.
I put it that the real culprits in this case or as you put it incompetent deadwood are the business users who acted in violation of the law in the first place. Has action such as sacking as suggested by you, been taken against these perpetrators? Or have they been let off?
To MAS guy,
I do not believe Bain & Co was brought in to advise MAS on anti-trust laws. If I correctly read Dr Wafi’s email posted here previously, Bain & Co was brought in in order to become the arbiter in and auditer of the information being passed between MAS business users and the 2 board members who are also owners of Air Asia. I believe given the circumstances, letting an independent neutral party perform this function, is the best course of action. Dr Wafi could not have done this job because he is an interested party.
Dont let envy and the need to blame others make us blind to the truth.
I am not sure whether you already know the information about the decision of changing the MAS logo colour to totally blue , the red part is to be eliminated because maybe Tony doesn
guys
can’t comment much on Dr Wafi but if u see the figure other airlines paid in anti-trust compared to MAS, u must give some credit to him, when the credit is due… all the breach that expose MAS to all anti-trust, u tot he knew ka??? he only knew when we need serve by court…
i have conversation with him last time and actually nothing he can do within his “salary scale” to prevent this CCF and suap deal. he alredi advice mgmt on this but if the top guy don’t want to listen, what on earth he can do????? what he can do now just a damage control and make sure the we don’t pay tooooooo much for this “drama tamil”
this game played by big white shark and beyond our wildest imagination. don’t take my word for it, but who is the broker/banker behind this arrangement ????????
even MYCC cleared MAS/AK, do u thing other countries like singapore, indon, EUR, US, Australia which already implement anti-trust earlier than Msia, will allow MAS/AK do whatever their pleased… stupid mistake my man..
but the sad thing is once MAS been penalise, the impact will be on staff… no more OT, not more bonus (BTW, we never get bonus for the past 8 years tenure myself with MAS. the highest boss was 2007 when MAS recorded RM 800++ M profit, staff get 1 month after kerja macam nak mampus) and things that MAS MD like to do…REDUCE STAFF… big boss mistake, staff yg tanggung 🙁
just wait for few days and it will be a surprise announcement on our route rationalization but hold ur horses my man… this just 1st stage…
2nd stage it will have bigger SURPRISE.. for all the boom or doom…. just wait and see how this game played by THE MASTER….
YB Wee….
do u know that MAS have a paid adviser but it really unsurprised when this paid adviser huk hek pong tidak when MAS in crisis
u will do us a big favour if u can find a replacement killer…… opsss adviser to do what he/she suppose to do, which is ADVISE, not zzzzzzzzzzzzz
just my 2 cents
Anonymous and flyguy, i am with you and yes, Dr. Wafi has done a great deeds for MAS despite some individual still trying hard to discredit him and his team. I work in MAS and I know how MAS is like suchlike decisions were all made first before consulting the rest. and that’s how MAS always get into trouble because the uneducated idiots above us are always thinking they’re the clever one..the uneducated above us is Khazanah Azman Bodoh.
YB CK Wee
Please look into the matter of cross directorship in competing companies. Someone suggested – on another blog – this is specifically disallowed by the Companies Act of Malaysia 1965.
If this is so – then Tony and Din are in clear breach of the Companies Act 1965.
If this illegal act had been committed, then Khazanah and the 2 persons should do the necessary actions immediately or the ROC should take immediate actions to prosecute.
Please look into this.
Thanks YB and please continue with the EXCELLENT work you are doing.
Where will you be standing in the next election? I will be more than willing to campaign for you.
Very best regards
Well done, people. Keep the pressure on. Give MyCC more bullets
MyCC to probe MAS-AirAsia deal
December 14, 2011
The commission has received complaints from consumers about the pact.
KUALA LUMPUR: Malaysia Competition Commission (MyCC) will look into the share swap deal between Malaysian Airline System Bhd (MAS) and AirAsia Bhd when the Competition Act 2010 comes into effect Jan 1 next year.
Its chief executive officer, Shila Dorai Raj, said there were already complaints from consumers and they had urged MyCC to look into the deal and whether it would affect them.
Staff Only
It is no good to now say that everything in MAS was done without consultation. Dr Wafi as a professional should have stood his ground and resigned. To now state that his advice was not sought was a lame excuse. We in MAS know this Panamera dead wood too well. He is good in appointing lawyers and consultants. What is the point of having a person to head it when almost all matters were out sourced. Anybody could do the job of appointing outside consultants to do the job. An idiot can also do it.
Why stayed on to hold on to the post when one opinions have not been sought. Staying on under such circumstances, if it was true, amounted to gaji buta, no self respect and lack of professionalism.
The Panamera is more important than self respect and professionalism.
MyCC should make the shaw SUAP its first case and to show how it practices transparency and accountability. Also to show how it protect public inters to ensure that competition is not stifled in the aviation industry in Malaysia. Open sky must come with open market with no market control. AirAsia must not be allowed to dictate terms to MAS or MAHB.
YB WCK,
Is there any sign of a rainbow at the end of this issue? A lot have been said with facts presented but I feel nothing positive is forthcoming. It’s like MAS is a goner and being shred to bits daily. At the end of this ‘never ending story’, I wonder what MAS will be known.
Jamal
easier said than done…
base on ur advice, i believe u change job 1 to many because once ur boss don’t accept ur advice, u resign, right?
BTW, i’m not backup or bodek anybody, just show the actual picture what happen not just in MAS, but in corporate world……..
YB WCK,
I agree with what Namza Said. So much has been said but where we are going from here. From MAS catering to SUAP swap. We know Malaysia is best known for the cover up and it bolehland skill
how heroic. anyone notice that the fact that a penalty was imposed against MAS meant that it was guilty of the charges against it? Even if the penalty was USD1, it’s still a conviction. Also, do you know why MAS’ penalty was lower vs other airlines? Was their liabilty/exposure naturally less compared to the rest or did the superstar antitrust lawyer really won that ‘low’ penalty when it should have been higher?
Jamal, i am not wasting my time debating whether Dr. Wafi has done his job correctly or not but my point is I’m not the only who knows what he’s been doing. Credit is credit unless you have done better than him for MAS. Whatever you say would not change my view on Dr. Wafi and his team. The problem you have is “barking at the wrong tree” all the time. You should be barking at AZMAN MOKTHAR AND THE THAMBY ROBBERS. That’ll be worth your barks.
hello lifeless malaysians
Antitrust: Commission fines 11 air cargo carriers
The last time I remember was that Lufthansa sold out STAR alliance through organizing a meeting for fixing prices. Many executives including people in Khazanah and the thamby for example do not know what is anti-trust.
Once all airlines entered into the meeting with Lufthansa fixing prices for cargo, it’s considered “antitrust” activity and therefore, they were all charged in EU court. The difference between MAS and STAR alliance was MAS is not the member of STAR alliance and thanks to Dr. Wafi where he has had conducted classes/meetings for almost all part of MAS offices worldwide. During that crucial moment, Dr. Wafi had proven MAS wasn’t involved in the fixing of prices for cargo and so he won the case on behalf of MAS. The only problem MAS would have is sometimes we do have stubborn idiots who refused to abide the standing law. It takes only one of our executives to make those mistakes proving to antitrust regulators of our participation in fixing or dumping prices. In court, lawyers can plead for lessor charges if it was the first time offender if proven guilty. Simple logic! If not a lawyer, don’t try lawyering with speculation because it makes that “person” looks very gullible in the eyes of public.
Dear YB, if MAS staff got any balls and a slightest intelligence to demand Wafi to file official complaints. If Wafi cannot do it, thus confirm he is a panamera deadwoods. End of argument.
Hope Azman Mokhtar, the corporate guru of all times, who signed that bullshit share SUAP, should read the blog: Jebut Must Die in here http://jebatmustdie.wordpress.com/
guys
based on today session with union, business plan by whix kid danny, he is looking to sell maskargo and engineering to 3rd party if the price is right. like a wonderful WAU 2002 when this Danny the con-sultant sold MAS catering to u-know-who. when union raise a concern that selling kargo and engineering will repeat same mistake when MAS sold catering, danny answer very simple ” we will be more careful this time”… wau, what an intelligent answer from our 2nd man……
sorry can’t provide more detail as i not there…maybe union rep can shed more light on this and other matter
YB WEE
not sure if all we say and fight, either during townhall with mgmt or cyber world, will make any changes…..
MAS becoming more ridiculous now and really feel hopeless when thinking about the future on this once a global icon….
only 1 man can put the stop to this “drama tamil” which is our PM but sad to see that he also don’t say anything…… if he just keep quite doing nothing, ppl will assume all these been planned with his blessing……. really not sure who to vote in GE next year…………
Another brilliant diagnosis by MAS staff below:
http://mastroubleshooters.blogspot.com/2011/12/organisational-diagnosis-another.html
In the US, MAS was not convicted but only a “settlement without admission of liability” of USD 3.35m (the lowest amongst airlines) as lawyers say.
Europe was a different proceeding and MAS was not guilty at all and no settlement was made i.e zero pay out. KLM-Air France was fined Euro 310m for this and so too JAL, Singapore and Cathay.
Even the mighty Singapore airlines has paid USD 150m in fines and damages. BA has paid USD 460m to date. Same too with Qantas which was fined heavily and had 2 executives sent to jail.
Separtely in UK, MAS got itself discharged as a co-defendant of British airways -again huge savings from liabilities. Both Alliance and non-Alliance airlines have been charged under antitrust laws.
Mind you, this was at a time when there was no antitrust law in Malaysia but MAS was without doubt successful in these cases. At that time, all of us Malaysians were ignorant about antitrust law. Suddenly Malaysia has woken up and now everyone claims to be an antitrust expert.
If MAS had lost these cases, MAS would definitely been bankrupt – liability of around RM 3 billion. We would not even need YB’s efforts and blog on the CCF, share swap etc. In fact, only air asia will exist and no competition at all. Then its back to the bad old days of a monopoly – but this time by air asia and TF. Imagine that.
Guys, the air cargo cartel involving MAS started in 1999 and the decision was in 2010 see link –
http://business.globaltimes.cn/world/2010-11/591249.html
in YB’s earlier posting about this Dr. Wafi, it stated that he joined MAS in 2003. How can he be responsible or didnt do enough for the antitrust fines when he wasn’t even in MAS? We can conclude that he came later and saved MAS from huge fine unlike other airlines.
Somebody said about barking up the wrong treelah…..deadwoodlah…
We (including me) must be objective. Jangan sampai benci membakar diri sendiri di neraka.
Guys, let’s focus on something not yet happening but is about to happen soon. Maybe if we put our forces together, this thing can be stopped. i am talking about the selling of cargo and engineering. Why are we selling the most profitable business in the company is beyond understanding? why are we not selling the other businesses like the masholidays which is not making money. too many travel agents outside already.
The new lady appointed to take over the head of communication position, heard that she is related to one of the directors from AK. maybe someone can investigate further. Big actions must be taken to wake the management up. Like the time when ESOS was given, the silent and subtle action by the staff especially the airport and engineering guys who can teach the management a lesson or two. No point waiting for union to act.
To be fair to Dr wafi, he must have pulled out every trick in the hat, o ensure MAS got away with ONLY RMM49million in fines, when other airlines were hit with much bigger fines. Well and good. No one thinks of asking 2 pertinent questions : 1. How much did it cost MAS to hire external lawyers, the hidden costs of managing these cases including countless overseas trips etc to “get away” with ONLY RM49mill in fines? AND 2. what happened to the people who committed these blunders that cost MAS? I dont have the answer to the first question, but the answer to the second question is : NOTHING. Accountability is an alien concept in MAS.
from SCOUT
Anonymous
To be fair to MAS employees, there many good staff that had left because of those parachuted panamera deadwood. They have no experience and they were put in position with extremely high salaries just because they have nice degrees to look and to bullshit around like what we are seeing now. Rashdan is a classic example. The Bina tak Fikir that did WAU, which was a total failure. Yet Rashdan is installed by Azman Mokhtar to run MAS. Rashdan knows nuts about anything except to carry Azman ‘s ball and be a crony.
Come back to the deadwood. If Wafi was of any good and performing his duties, then MAS should be facing the RM49 million fine in the first place. Wafi and Rashdan are no different. Parachuted into MAS. THey are got in appointing Con-Sultants to do job for them and they will hide behind the Con-sultants when there are troubles. I am sorry that I cannot go along that Wafi has done a good job. Ptui!! TO THE PANAMERA DEADWOOD THAT ARE ONE OF THE CAUSES OF MAS IN SUCH A DIRE STRAIT.
Anyone can do a job by cutting routes and appointing consultants.
That Wafi is a waste of time. Definitely a Panamera Deadwood. Please do an audit into the consultant fees that MAS has paid from the day he joined MAS until now. I dare not think of the figure.
More importantly, after 1-1-2012 as many of us as possible to write to the Anti-Trust bodies in UK, US, Australia and Germany to complaint about the new cartel that have been created by Azman Mokhtar, his crony Rashdan and friend. Lets make the so-called Collaborative Framework untenable. MyCc can cover up for them but once the complaint reached UK, US, AUstralia, I am sure that there will no covering up.
Good point anonymous – those who did it must be punished. By the way, how did you come up with RM49m. the article said USD 3.35m and thats around RM 10m only?
CON-sultant: you missed an earlier point – the antitrust case happended in 1999 and airlines were fined in 2010. Wafi entered MAS in 2003. sincere advice – Dont let hatred and jealousy make your eyes and heart blind bro.
Please note guys, all Wafi’s good job is done Lee Hishamuddin & Co.
MAS is paying for all the legal fees plus Wafi’s salary.
What is so good about Wafi then?
Impartial
The answer to your question on the RM49mill, this was the figure given to all staff via an email circular from Dr Wafi himself, to ‘showcase’ the good work he and his ‘team’ put in, to protect MAS from being fined a ‘possible’ RM 2billion or some humonguous figure that would have bankrupted MAS. The USD3.35 is just ONE of the many fines MAS had to pay out. But, in MAS Bolehland, no-one will be punished, most probably because many, many ,many would be brought down simultaneously. So, we better scratch each others backs, bro.
It is common knowledge that even the internal arm to conduct investigations into ‘improprieties’, do so very selectively. Corruption appears in all forms in MAS, including moral corruption.
Impartial
Before I forget, since all heroes need to be rewarded, yes, Dr Wafi got his promotion. Of course.
The RM49million paid by MAS includes the case caused by Tajuddin Ramli and the german agents ACL. MAS was sued for Euro 62 million and lost but the payout was brought down to Euro 6.85m. If you add the antitrust and ACL case it roughly amounts to RM 45million (USD3.35m and Euro 7m). Mind you, both cases arose during tajuddin Ramli’s time in 1999 and Wafi entered MAS only in 2003.
See: http://www.theedgemalaysia.com/media-a-advertising/15412-mas-ordered-to-pay-658m-euros-to-germanys-advanced-cargo-logistic.html
Telekom/Celcom lost USD230 million in an arbitration caused by TR when he controlled Celcom.
See: http://www.wikinvest.com/stock/Deutsche_Telekom_AG_(DT)/Deutsche_Telekom_Prevails_Arbitration_Proceedings_Against_Celcom