Corruption in the Securities Commission. The family connections and covering their backsides.
1. The girl 👆 Sharifa Munira is the daughter of Syed Zaid Albar (the Chairman of the Securities Commission).
Syed Zaid used to be on the board of Yinson Bhd. After he resigned, his daughter replaced him.
2. Gooi - is also a board member of the SC, where Syed Zaid is the chairman. Gooi is also in Areca Capital.
3. Raja Zaharaton - is Tengku Zafrul’s mother, and partner of Gooi in Areca Capital. Cosy relationships.
Tengku Zafrul was accused of insider trading, but he was let off the hook by Syed Zaid. The SC investigation team wanted to press charges against Zafrul but Syed Zaid unilaterally said “no case”.
Syed Zaid Albar is BFF with Kalimullah, his drinking buddy who is part of the Tan Sri Nor Mohd Yakop mafia. Syed Zaid is almost alchoholic. Market talk is that he is drunk during meetings.
Internally the SC is very unhappy with the corrupted Zafrul - Raja Zaharaton (his mum) - Gooi -Syed Zaid combo.
Syed Zaid Albar also let off Kamaruddin Meranun for insider trading, refused to press investigations on Tan Sri Nor Mohd Yakop and gang, and stopped investigating Tony F and Kamarudin M on their Airbus bribery case. They are all connected.
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