Nazri says: No Instructions, Only Advice to the GLCs

August 11, 2011

Nazri says: No Instructions, Only Advice to a GLCs

Hafiz Yatim@www.malaysiakini.com
Aug 11, 11
3:51pm

The Minister in a Prime Ministers Department, Dato Seri Nazri Abdul Aziz has admitted which he sent minute to government-linked companies (GLCs) upon August 8 over a allotment with former Malaysia Airlines chairperson Tajudin Ramli, though denied instructing them to dump their suits opposite a tycoon.

NONENazri pronounced a pierce was in his capacity as de facto law minister, as well as came upon a heels of moves by Tajuddin (left) over a past several months to come to a allotment with a supervision over a companies fit opposite him.

It was therefore not mandatory for a companies to settle their suit, though it was conveyed to them which it was receptive to advice since a possible senarios a brand new situation had presented, pronounced Nazri.

The alternative was for a GLCs to further slog it out with Tajuddin but a pledge as to when it would be resolved.

Tajuddin had been in contact with us for a past 6 months proposing for a settlement.

I wrote to a GLCs after gaining approval from a Second Finance Minister Ahmad Husni Hanadzlah, as well as as a law apportion to a effect, as this box has been going upon for so prolonged 6 years, Nazri told Malaysiakini when contacted.

He stressed further which it was not necessary for a GLCs to follow his advice as it was up to them to decide based upon what they deemed was in their best interests.

NONEIf they feel they can win they can continue upon with fighting a suit. As a legal entity, they have a right to make their own decision.

I only wrote ! to them to remind t! sew lightly Taju hubbub has approached (the government) with a perspective to settle, as well as we merely asked them to demeanour into it, he said.

The Minister pronounced further which a justice cases could draw towards upon but an assurance of victory.

Lets say this box goes for a trial, it will take an one more five to 6 years as well as upon appeal. It may (even) take an one more 10 years. We do not know either a fit will go a way or in foster of d. Hence, which is why a out-of-court allotment was proposed.

However, if we settle, it must not be at an one more price to a government, he assured. Earlier today, former Deputy Prime Minister-turned Opposition Leader Anwar Ibrahim questioned Nazris actions in writing to a GLCs.

Instructions to GLCs to dump their legal suits should come from a finance ministry, not Nazri, pronounced Anwar.



Courtesy of Bonology.com Politically Incorrect Buzz & Buzz

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