Most of you have probably heard of how Khazanah Nasional has taken Malaysia Airlines private.
They're calling it an overhaul, but you and I know that it's essentially a bailout - using taxpayer funds.
I have stated in the past, that a major aspect of Malaysia Airlines loss is due to crony involvement.
The cronyism was well on its way even back in the 1990s, when the Loony Tun and his prodigy Daim Zainuddin were piloting this country into destruction.
For the full story, read this piece: Here Are Insider Reasons Why Malaysia Airlines Bailout Will Not Work.
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