Media statement: Bank Islam acts unprofessionally and unjustly in suspending Azrul Azwar

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Written by NGOs Friday, eighteen Jan 2013 13:23

Press Statements

press-bankislamCivil Society's Joint Statement seventeen Jan 2013

Bank Islam acts unprofessionally as well as unjustly in suspending Azrul Azwar

We, a undersigned organisations as well as individuals, call upon Bank Islam to return a Chief Economist, Azrul Azwar Ahmad Tajudin, who has been suspended for presenting an research based upon mechanism simulation which projects a probability weighted base-case unfolding of Pakatan Rakyat's feat in a 13th general elections.

We hold which Bank Islam has acted unprofessionally, unjustly as well as but any basis by reportedly punishing Mr Azrul Azwar for his veteran opinion, presented at a Regional Outlook F! orum upo n Jan 10, 2013.

We understand which a economist had additionally generated a best-case unfolding of a Barisan Nasional's slight win as well as a worst-case unfolding of a statute coalition's large loss. For a record, no party has produced any methodical come-back to his analysis.

Consistent with a view of monetary regulators as well as academics worldwide, you stress which report leisure is impending to a apparatus grant mechanism of a monetary markets. Freedom of countenance as well as leisure of report have been a most appropriate way to expose as well as scold any fabrication or misinformation. Analyses upon elections as well as their mercantile as well as monetary consequences have been clearly of peerless importance for a markets as well as a country.

Hence, inequitable report results in unfair grant as well as distorts a firmness of a markets.

By allegedly suppressing Mr Azrul Azwar's veteran perspective which was unlucky to Barisan Nasional, maliciously labelled as "political comments", Bank Islam is revelation which a Bank has a policy of reporting usually Barisan Nasional enlightened news.

It cannot be argued which Mr Azrul Azwar's behaviour is reckless as his research has had no market stroke as well as a FBMKLCI has barely moved closed at 1684.57 upon 10 Jan 2013 as well as 1682.95 upon sixteen Jan 2013. Besides, a basic tenet of banking as well as finance is assessing risks (be it political, economics), as well as which was what Mr Azrul Azwar did.

We call upon Bank Islam to immediately return Mr Azrul Azwar to his position as well as conduct a commercial operation professionally.

We additionally urge a BN supervision to stick on our call for Bank Islam to return him. This will infer over disbelief which a BN supervision has not pressured Bank Islam to postpone Mr Azrul Azwar as well as PM Najib Razak is honestly committed to reform.

Endorsing Organisations

1. Aliran Kesedaran Negara (Aliran)

2. ! All Wome n's Action Society (AWAM)

3. Anak Muda Sarawak (AMS)

4. Bersih 3.0 Bangkok

5. Bersih London

6. Bersih Singapore

7. Bersihkan Malaysia Perth

8. Borneo Youth Revolution (BYR)

9. Centre for Independent Journalism (CIJ)

10. Centre for Policy Initiatives (CPI)

11. Coalition for Clean as well as Fair Elections 2.0 (Bersih 2.0)

12. Community Action Network (CAN)

13. Gabungan Profesional Malaysia Timur Tengah (GPMTT)

14. Himpunan Hijau (HH)

15. Humanity Library Kuala Lumpur

16. Islamic Renaissance Front (IRF)

17. Japan Graduates' Association of Malaysia

18. Johor Yellow Flame (JYF)

19. Kill The Bill (KTB)

20. Knowledge as well as Rights with Young people through Safer Spaces (KRYSS)

21. Kuala Lumpur as well as Selangor Chinese Assembly Hall (KLSCAH)

22. Kuen Cheng Alumni Association

23. Lawyers for Liberty (LfL)

24. LLG Cultural Development Centre

25. Malaysia Youth & Students Democratic Movement (DEMA)

26. Malaysian Youth against Public Hazards

27. Malaysians for Beng Hock (M4BH)

28. Malaysians for Free as well as Fair Elections (MAFREL)

29. Mama Bersih

30. Muslim Professional Forum (MPF)

31. National Indian Rights Action Team (NIAT)

32. Negeri Sembilan Chinese Assembly Hall (NSCAH)

33. Northern Green Youth

34. Penang Forum

35. People's Green Coalition

36. Persatuan Alumni PBTUSM KL & Selangor

37. Persatuan Masyarakat Selangor & Wilayah Persekutuan (PERMAS)

38. Persatuan Masyarakat Selangor dan Wilayah Persekutuan (PERMAS)

39. Persatuan Sains Sosial Malaysia (PSSM)

40. Pertubuhan Gabungan NGO Kelantan (Coalition of Kelantan NGOs)

41. Pertubuhan IKRAM Malaysia

42. Projek Dialog

43. Pusat Kesedaran Komuniti Selangor (EMPOWER)

44. Pusat Komas

45. Saya Anak Bangsa M! alaysia (SABM)

46. Sisters in Islam (SIS)

47. Society for a Promotion of Human Rights (Proham)

48. Suara Rakyat Malaysia (Suaram)

49. Sunflower Electoral Education (SEED)

50. Tenaganita

51. Writer Alliance for Media Independence (WAMI)

Endorsing Individuals (Disclaimer: The institutional/organizational affiliation of individuals is for marker purpose usually as well as should not be taken to imply publicity by their institutions/organisations).

1. Prof Abdul Rahman Embong, Universiti Kebangsaan Malaysia (UKM)

2. Prof Diana Wong, University of Science Malaysia (USM)

3. Prof Edmund Terence Gomez, University of Malaya (UM)

4. Prof Francis Loh Kok Wah, Aliran Kesedaran Negara (Aliran)

5. Prof James Chin, Sarawak

6. Prof Lim Teck Ghee, Centre for Policy Initiatives (CPI)

7. Prof Norani Othman, Sisters in Islam (SIS)

8. Prof Rajah Rasiah, University of Malaya (UM)

9. Prof Wan Manan, Malaysian Academic Movement (MOVE)

10. Prof Woo Wing Thye, Penang Institute (PI)

11. Prof Zaharom Nain, University of Nottingham Malaysia Campus

12. Assoc. Prof Abdul Halim Yusof, University of Science Malaysia (USM)

13. Assoc. Prof Bridget Welsh, Singapore Management University (SMU)

14. Assoc. Prof Mustafa K. Anuar, University of Science Malaysia (USM)

15. Dr Ahmad Farouk Musa, Islamic Renaissance Front (IRF)

16. Dr Ang Sze Wei, University of Hong Kong

17. Dr Azly Rahman, WorldWise Frontiers

18. Dr Charis Quay Huei Li, Universit Paris-Sud (Orsay)

19. Dr Cheong Kee Cheok, University of Malaya (UM)

20. Dr Helen Ting, Universiti Kebangsaan Malaysia (UKM)

21. Dr Johan Saravanamuttu, Institute of Southeast Asian Studies (ISEAS)

22. Dr Khoo Boo Teik, Aliran

23. Dr Khoo Gaik Cheng, University of Nottingham Malaysia Campus

24. Dr Lee Hock Guan, Institute of Southeast Asian Studies (ISE! AS)

25. Dr Lim Kim Hwa, Penang Institute (PI)

26. Dr Lim Mah Hui, Penang Institute (PI)

27. Dr Ong Kian Ming, UCSI University

28. Dr Subatra Jayaraj, Bersih Bangkok

29. Dr Subramaniam Pillay, Aliran

30. Dr. Thillainathan Ramasamy, University of Malaya (UM)

31. Dr Toh Kin Woon, Penang Institute (PI)

32. Dr Wong Chin Huat, Penang Institute (PI)

33. Dr Wong Yee Tuan, Penang Institute (PI)

34. Dr Yeoh Seng Guan, Monash University Sunway Campus

35. Dr Yolanda Augustin, University of London

36. Dato' Ambiga Sreenevasan, Bersih 2.0

37. Dato' Dr Musa garbage bin Mohd Nordin, Damansara Specialist Hospital

38. Dato' Yeo Yang Poh, Bersih 2.0

39. Datuk Dr Denison Jayasooria, Proham

40. Adibah Jodi, Sisters in Islam (SIS)

41. Alan Tee Boon Tsong, Johor Yellow Flame (JYF)

42. Altaf Deviyati Ismail, Penang Institute (PI)

43. Andrew Cheng Yang Chong, Johor Yellow Flame (JYF)

44. Andrew Khoo, Bersih 2.0

45. Angela M. Kuga Thas, DCI Candidate, Queensland University of Technology

46. Anil Netto, Aliran Kesedaran Negara (Aliran)

47. Azareena Abdul Aziz, Sisters in Islam (SIS)

48. Azrine Razak, Sisters in Islam (SIS)

49. Chan Wei See, Sunflower Paper

50. Chaw Teck Long, Johor Yellow Flame (JYF)

51. Che Afandy Che Yusof, Penang Institute (PI)

52. Chin Pok Yap, Bersihkan Malaysia Perth

53. Chom Lee, Bersihkan Malaysia Perth

54. Colin Rajah, Bersih San Francisco

55. Dahlia Martin, Flinders University

56. David Teoh, Bersih Melbourne

57. Fadiah Nadwa Fikri, Suaram

58. Greg Lopez, Australian National University (ANU)

59. Ho Yock Lin, All Women's Action Society Malaysia (AWAM)

60. Jordan Sugunasingam, Bersihkan Malaysia Perth

61. K. Arumugam, Suaram

62. Kartina Mohd Sobri, Sisters in Islam (SIS)

63. Kean Wong, Bersih Washington DC

6 4. Koay Seng Beng, Penang Institute (PI)

65. Koay Su Lyn, Penang Institute (PI)

66. Koh Wee Sun, Mama Bersih

67. Lau Chee Boon, Negeri Sembilan Chinese Assembly Hall (NSCAH)

68. Lee Chyi, Penang Institute (PI)

69. Liau Koh Fah, Kuala Lumpur as well as Selangor Chinese Assembly Hall (KLSCAH)

70. Lim Chee Han, Hannover Medical School, Germany

71. Lim Hong Siang, Sunflower Paper

72. Mandeep Singh Karpall Singh, Pusat Kesedaran Komuniti Selangor (EMPOWER)

73. Maria Chin Abdullah, Pusat Kesedaran Komuniti Selangor (EMPOWER)

74. Masjaliza Hamzah, Centre for Independent Journalism (CIJ)

75. Maxine Carr, Penang Institute (PI)

76. Mohideen Abdul Kader, Consumer Association of Penang (CAP)

77. Nazreen Nizam, Pusat Kesedaran Komuniti Selangor (EMPOWER)

78. Ng Yap Hwa, Malaysians for Beng Hock (M4BH)

79. Ngeow Chow Ying, Kuala Lumpur as well as Selangor Chinese Assembly Hall (KLSCAH)

80. Noorulhuda Mohd. Noor, Sisters in Islam (SIS)

81. Ooi Heng, Political Studies for Change (KPRU)

82. Ooi Pei Qi, Penang Institute (PI)

83. Pam Wong, Bersih Auckland

84. Ratna Osman, Sisters in Islam (SIS)

85. Raymond Cheong, Bersihkan Malaysia Perth

86. Rozana Isa, Sisters in Islam (SIS)

87. Sarajun Hoda Abdul Hassan, Aliran

88. Ser Choon Ing, Kuala Lumpur as well as Selangor Chinese Assembly Hall (KLSCAH)

89. Soon Yee Yap, Bersihkan Malaysia Perth

90. Stephenie Aloysius, Pusat Komas

91. Steven Sim Chee Keong, Penang Institute (PI)

92. Stuart MacDonald, Penang Institute (PI)

93. Suriani Kempe, Sisters in Islam (SIS)

94. Syed Ibrahim Syed Noh, Pertubuhan IKRAM Malaysia

95. T. Rajamoorthy, Regional Council for Human Rights in Asia

96. Tan Hui Chun, Humanity Library Kuala Lumpur

97. Tan Woen Tian, Kill The Bill

98. Tang Ah Chai, Kuala Lumpur as well as Selangor Chinese ! Assembly Hall (KLSCAH)

99. Teoh Lee Lan, Malaysians for Beng Hock (M4BH)

100. Th'ng Bee Fu, Universiti Tunku Abdul Rahman (UTAR)

101. Tricia Yeoh, Pakatan Rakyat

102. Wang Lay Kim, University of Science Malaysia (USM)

103. William de Cruz, Bersih Sydney

104. Wong Tack, Himpunan Hijau (HH)

105. Zairil Khir Johari, Penang Institute (PI)

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