==> Pls visit new site at http://malaysia-today.net/ <==

Abdul Azim also said the issue had nothing to do with his legal battle with Raja Petra Kamarudin over two articles the blogger wrote last year and with him being named as Kuala Dimensi Sdn Bhd chairman in the ongoing Port Klang Free Zone (PKFZ) scandal.

The Star

Bukit Bintang Umno division chief Datuk Seri Abdul Azim Zabidi has clarified that he stepped down as Bank Simpanan Nasional (BSN) chairman to comply with Bank Negara Malaysia guidelines.

He denied an online news portal’s report that he was dropped from the position following the central bank’s objection.

“I was given until the end of this year (to serve as BSN chairman) but I will be non-compliant with Bank Negara guidelines if I don’t step down now. Bank Negara did not object, they are just complying with their guidelines.

“The guidelines have been imposed many times in the past.

“Now is my turn, that’s all,” he said when asked to confirm an online news portal report that his contract as BSN chairman was terminated prematurely due to conflicts with his political career.

Abdul Azim said he was disappointed with the news portal for putting him in bad light.

“I had spoken to Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz and made the decision that it would not be appropriate for me to hold the position until the term of expiry.”

According to Bank Negara guidelines, individuals active in politics cannot be appointed directors of licensed institutions.

This is to avoid the risk of a conflict of interest in situations where a politician has to juggle between his role as director of a licensed institution and obligations to his constituents.

Abdul Azim also said the issue had nothing to do with his legal battle with Raja Petra Kamarudin over two articles the blogger wrote last year and with him being named as Kuala Dimensi Sdn Bhd chairman in the ongoing Port Klang Free Zone (PKFZ) scandal.

Kuala Dimensi is the main developer of the transhipment project.

“It is very bad.

“They make it seemed as though it is linked to PKFZ and the Raja Petra case,” said Abdul Azim who was awarded RM1mil in libel damages by the Kuala Lumpur High Court after Raja Petra failed to appear in a civil proceeding to file a statement of defence.

Comments (11)

...
written by temanmu, July 04, 2009 14:54:46

Ya ya... Bank Negara surely must have had confidential insight which is not made public yet. (Seems RPK has that too!!!)

Better kick the tainted guy out before he damages the country's credibility further!

RPK will be vindicated soon, I think!

report abuse

disagree 1

agree 21

...
written by Hipobi, July 04, 2009 15:01:27

Why are all the top UMNO ppl got all the top post in Bank's, MNC's & GLC's. Do they have any credentials, qualify or FIT to become them?

Malaysia don't have any good brain to fill-up this post??

In my previous local bank's that I've worked. This top management people (frm UMNO youth div head of course) ask me this question when I give training to them (on Consumer Banking - Investment).
Q1: What is the different between equity and stock market?
Q2: What is the different between 1st party insurance and comprehensive insurance?

report abuse

disagree 0

agree 36

...
written by Hakim Joe, July 04, 2009 15:08:46

Yeah...right. And I wasn't born yesterday.

report abuse

disagree 0

agree 14

...
written by rocky, July 04, 2009 15:42:44

joker. what his qualification? he doesn't seem to think there is a conflict, funny.

report abuse

disagree 0

agree 11

...
written by Khan, July 04, 2009 16:25:32

Serve you right Azim! Another one fell in the hands of our hero RPK. Good riddance!

report abuse

disagree 0

agree 15

...
written by SiHangChai, July 04, 2009 22:01:10

isn't he is the former politician who was emboiled in racial attack on Chinese when he was a leader of the UMNO Youth leader? If he is, then serve him right that now in the PKFTZ, the MCA Chinese Minister sawed him out... from the 'tiada kes' cacoon.

report abuse

disagree 0

agree 6

...
written by onnetline, July 04, 2009 22:18:21

Rubbish words from a corrupted racist liar !

report abuse

disagree 0

agree 10

...
written by trublumalaysian, July 04, 2009 23:43:34

Abdul Azim also said the issue had nothing to do with his legal battle with Raja Petra Kamarudin over two articles the blogger wrote last year and with him being named as Kuala Dimensi Sdn Bhd chairman in the ongoing Port Klang Free Zone (PKFZ) scandal.

Kuala Dimensi is the main developer of the transhipment project.

“It is very bad.


HA HA HA HA HA AHA H AHA ... and you are truly a paragon of virtue. So true, that my arse is merrily singing a "happy" tune.

report abuse

disagree 0

agree 4

...
written by lskong, July 04, 2009 23:47:59

when was he elected? 8th march? why did it take so long for him to quit from any position that might present a potential for conflict of interest?
either he knows of the conflict of interest yet decided he is exempted, or he didn't know about the conflict of interest, it doesn't speak well of his integrity...

report abuse

disagree 0

agree 2

...
written by The Truth Seeker, July 05, 2009 01:00:27

bullshit,he did not resigned, he was sacked. this is a very corrupted man who steals from public and umno, how he got "so called" loan of 97 million from umno to rear kambing boar, no interest and dont need to return.where is sungei wang comples and the IPP in the north , he walloped all,

report abuse

disagree 0

agree 3

...
written by NSTPravda, July 05, 2009 10:34:20

Abdul Azim also said the issue had nothing to do with his legal battle with Raja Petra Kamarudin. He quit because he wants to quit. Abdul Azim said he was disappointed with the news portal for putting him in bad light. He can do that all by himself and perhaps even better without the help of these pesky news portal.

Rasuah sayang eh!

report abuse

disagree 0

agree 1