WANTED : A man of action.
Locality : Putrajaya.
Scope of work : We require some furious action to stop the sick satire taking place at the Securities Commission .
Read the Star yesterday : SC to look at all E&O share transactions in relation to Sime offer.
In a comedic twist, the SC might have to interview Azizan Abd Rahman, the E&O chairman. Comedic because Azizan's wife is the chairman of SC.
Azizan has come out in the papers to say that the Sime deal was never discussed at E&O board. Nobody doubts it but ...
Let's put it this way, Azizan was appointed independent non executive chairman of E&O since 2003. Eight years have passed and he still is an INDEPENDENT.
"Boards cannot disregard the risks that independence may be undermined by long tenure". - Zarinah Anwar said in SC to Strengthen Corporate Governence Sat, 20 March, 2010, theedgemalysia.com.
Now I am going to go to the Sime Darby's Hari Raya Open House in Bukit Kiara and have a good laugh!