How should we judge a government?

In Malaysia, if you don't watch television or read newspapers, you are uninformed; but if you do, you are misinformed!

"If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing." - Malcolm X

Never argue with stupid people, they will drag you down to their level and then beat you with experience - Mark Twain

Never argue with an idiot, otherwise people won't know which one of you is the idiot.
Since light travels faster than sound, some people appears bright - until you hear them speak.

Why we should be against censorship in a court of law: Publicity is the very soul of justice … it keeps the judge himself, while trying, under trial. - Jeremy Bentham

"Our government is like a baby's alimentary canal, with a happy appetite at one end and no
responsibility at the other. " - Ronald Reagan

Government fed by the people

Government fed by the people

Career options

Career options
I suggest government... because nobody has ever been caught.

Corruption so prevalent it affects English language?

Corruption so prevalent it affects English language?

When there's too much dirt...

When there's too much dirt...
We need better tools... to cover up mega corruptions.

Prevent bullying now!

Prevent bullying now!
If you're not going to speak up, how is the world supposed to know you exist? “Orang boleh pandai setinggi langit, tapi selama ia tidak menulis, ia akan hilang di dalam masyarakat dan dari sejarah.” - Ananta Prameodya Toer (Your intellect may soar to the sky but if you do not write, you will be lost from society and to history.)

Sunday, February 05, 2012

E&O: Exception & Omission?

Another case of Husband and Wife connection which is causing embarrassment. How would the Wife in charge of the Securities Commission deal with the company headed by her Husband? Where there is conflict of interest, by not doing anything is already damaging to public confidence, what if action contrary to the Commission's rules?

"It has emerged that there was a decision within the Securities Commission's Management team that investigated the E&O acquisition by Sime Darby to request Sime to make a mandatory general offer on the remaining shares of E&O. It is said that there was a recommendation to form a concerted party by Sime and Datuk Terry Tham to do so in view that the collective shares held by both parties had exceeded the 33% threshold that is set by law.

This was revealed in an affidavit raised with a judicial review application raised by a minority shareholder.

In the same application, it was also revealed that the takeover and mergers committee of the SC had overruled the recommendation of the management committee..."


Source:
E&O Fallout; SC mulls ruling publication
Link

No comments: