Tuesday, April 17, 2018

After Supermax, will Rafidah stay on at AAX?

"The former international trade and industry minister said she was a strong proponent of integrity and honesty ..." - Rafidah quits Supermax board over MD's apology

If the above is so, Rafidah Aziz should have resigned as Supermax chairman earlier.  Like in December 2017, when Stanley Thai was convicted for insider trading and sentenced to 5 years' jail. I would imagine that a "strong proponent of integrity and honesty" would have freaked out over something like that. Rafidah stayed on, didn't utter a word. As "a strong proponent of integrity and honesty", someone said to me, maybe Rafidah should not even have accepted the job in the first place. Stanley Thai was charged for insider trading in 2014 [Tycoon claims trial to insider trading charge]; Rafidah came on board at Supermax the following year, in 2015.

Pidah and Stanley, Supermax AGM in 2016
In 2015, Stanley Thai was still a leading anti-BN, anti-Najib Razak corporate leader. But against his own chairman Rafidah's increasingly harsh criticisms of Prime Minister Najib, Stanley Thai has now gone public to admit that he had been "influenced by the Opposition's propaganda in the previous general election".    
“As a member of the business community I like to see political stability. Businesses operating in Malaysia will continue to prosper with the sound economic policies of the ruling government that is led by Prime Minister Datuk Seri Najib. Foreign investors will continue to have full confidence to participate and drive the economic growth and continue to expand their investments in Malaysia.” - Stanley Thai in Supermax boss says sorry to Najib for support to Opposition in GE13

If Rafidah's decision to quit Supermax is indeed because of Stanley Thai's support for Najib, the business community will no doubt be watching her move at AirAsiaX closely. Tony Fernandes  and gang brought her in as chairman of AAX in 2011 because of her vast experience as a minister and negotiator, not because of her anti-Najib antics.

Read also:
Tony Fernandes credits Air Asia's success to Najib, March 2018
Your 10 questions with Rafidah Aziz, April 2011

1 comment:

  1. Anonymous2:16 pm

    Kasi tahu dulu. Blh beli shares AAX.