Paul Tan's Automotive Industry News

Mahaleel’s Job Safe For Now

When asked on Tengku Mahaleel’s position, Rafidah says:

I do not know… I don’t have any links with Proton. Proton is not under the ministry. Proton comes under the direct purview of Khazanah (Nasional Bhd) and Khazanah is under the Ministry of Finance. I do not know.. only the Finance Minister knows.

Our Prime Minister Datuk Seri Abdullah Ahmad Badawi is also the Finance Minister, and the chairman of Khazanah Nasional which is Proton’s single largest shareholder, owning 42% of Proton Holdings Bhd shares. Let’s see what he says.

He has denied any rumours that Tengku Mahaleel has been given 1 week notice to give an explanation on his criticisms on the government’s automotive policy.

He also refuted any talk of Tengku Mahaleel being asked to resign by Khazanah Nasional.

It’s strange how so many newspapers reported on TM being asked to give a show cause letter. It’s all still rumours now.

Sources:
MITI Not Aware Of Any Speculation On Tengku Mahaleel
PM Denies Talk That Khazanah To Remove Tengku Mahaleel From Proton


Related Posts:
Rafidah remains tight lipped
Government Commited to removing protection for Proton
Rafidah instructed to reply Dr. M
Misconceptions over Proton subsidy unfortunate
Proton vs. MITI Round 3
Mahaleel’s job safe for now
Tengku Mahaleel given 1 week to explain
Mahaleel’s job on the line
Rafidah’s cheap shots at Mahaleel
Malaysia’s new automotive policy delayed
Tengku Mahaleel critics government auto policies
AP holders told not to compete with Proton

4 Comments »

  1. Omar Affifin said,

    July 2, 2005 @ 11:32 am

    Wow if what the PM said its true, thne all those local paper maybe be sue for spreading ‘rumours’

  2. Leong said,

    July 2, 2005 @ 4:33 pm

    What happen in this world? Too may rumours!!!

  3. jonahdiary said,

    July 4, 2005 @ 6:43 pm

    wat ever….why bother?r u going to buy a proton car anyway?

  4. kahping said,

    July 4, 2005 @ 10:31 pm

    dissapointing… i thought BM’s CEO will take over Mahaleel

previous post: Tengku Mahaleel Given 1 Week to Explain
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