Hood quits as Kontena braces for financial scandal

The aricle in Malaysia FocusHood Osman was comparatively different until details of the monetary lawsuit resurfaced late 2012 as well as related him to the multi-million ringgit syndicated loan and, righteously or wrongly, to Opposition leader Anwar Ibrahim [Security risk of Hood Osman by A Voice, 5 April 2012; Little (turning) Red Riding Hood, Big Dog, 5 April 2012].

Despite the exposes in the blogs as well as the amicable media, the gods at PNB hold upon to Hood. He was, according to sources, the blue-eyes of Tun Ahmad Sarji, the PNB authority since 1997.

But the inevitable has the approach of making itself happen, earlier or later, by offshoot or crook. According to the commercial operation weekly Focus Malaysia (May 25-31 issue), the brewing monetary scandal is brewing at Kontena with Hood carrying tendered his resignation upon May 10 as well as more heads expected to roll.

These heads might include Hood's bosses as "some shareholders hold (parent company) NCB directors should be hold under obligation for the failure deliberation which they should have been more concerned in the business".

There's additionally talk which Ahmad Sarji will be calling it the day very soon.