More Petronas board changes expected; chairman sat on 1MDB’s advisors
Tom KirkmanIndependent Project Manager
Still waiting to see what additional changes are in store for the Petronas Board.
Please see my next comment, with an old screencap of the 1MDB website, with Petronas Chairman shown on the 1MDB Board of Advisors.
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“… Knowing full well that the entire government machinery was basically UMNO’s party machinery, one of the first actions of the Pakatan Harapan government was to establish the Council of Eminent Persons(CEP). This has been the blunt instrument used for reforms.
The CEP is comprised of five members and chaired by Daim Zainuddin, Mahathir’s closest political ally. Zainuddin served as finance minister twice during Mahathir’s first term as PM. …
The other CEP member is Hassan Marican, former CEO of Petroliam Nasional (Petronas). Petronas is the only Malaysian company on the Fortune 500 list, and Marican was famously pushed out of Petronas when he went up against Najib’s political appointees to the Petronas Board.”