Part 1: Liars at MOF, PNB and SC

The Lies Peddled by UMNO hatchetman Tengku Zafrul on PNB’s Jalil academic qualifications, and executed by PNB Chairman Zeti  and SC Chairman Syed Zaid

1. The aim of this post is simple: we will show you the evidence that the allegations by MOF, SC and PNB on Jalil academic credentials are nothing by lies, and he was removed because he is honest and wanted to protect the poor Malays that invested in ASN and ASB, and not certain Malay tycoons and billionaires.
2. The sudden removal of Malaysia rising young corporate ‘star’ Jalil Rasheed from PNB is originated by the politician wannabe and the lead singer of BN bandboys Tengku Zafrul Aziz (a bad singer really, no wonder BN lost the election), and facilitated by two spineless individuals – Tan Sri Zeti Chairman of PNB, and the incompetent lawyer and perpetual whiskey drinker Datuk Syed Zaid Albar the Chairman of Securities Commission (SC).

The Lead Singer a.k.a. the Lackey for Najib and his sidekick, the baldy Syed Zaid

3. The execution was swift. When the Chairman of PNB Tan Sri Zeti was summoned to Putrajaya by Zafrul on Wednesday 11 June 2020, the instruction was simple : remove Jalil immediately. And during the same meeting, the name of the replacement was handed to Zeti. It was Zulkarnain Onn of Khazanah, a former staff and close friend to Dato Azman Yahya of Symphony Berhad. Please remember both names as we will show the relationship to PNB later.
4. The given reason for the sacking was that Jalil lied in his CV. During the same meeting, Zafrul mentioned that SC will call Jalil soon. Interestingly, we have ample evidence to show that it is Zafrul that needs to be summoned by SC, for some ‘activities’ that is against capital market rules. The punishment is jail if convicted (jeng jeng jeng..but that is for another posting)
5. On 12 of June [Thursday], Jalil was summoned to SC.
6. On 13 of June [Friday], Zeti informed Jalil that he must resign.
7. The board meeting was convened on 16 June (Monday). It was brought forward from the initially scheduled meeting for the 18^th June (Wednesday). The board meeting was nothing but a farce. The agenda is simple : ensure Jalil is out.
8. It was not a fair hearing from the word go. Jalil was not once called to the Board to explain why he is being removed, nor any evidence was presented to the Board to show that Jalil misled the company on his academic credential. Zeti informed that Jalil must resign IMMEDIATELY as requested by Putrajaya, and the replacement has been identified and his name has been given to Syed Zaid to be approved. We were informed that Syed Zaid personally ask Foo Lee Mei the chief regulatory officer at SC (and the real boss who calls the shot at SC) to speed up the process. It is widely rumored by the staff of SC and the whispers at the corridors that that they are romantically involved (no comment, beauty is in the eyes of the beholder). Anyway, how bizarre that PNB submitted the name to SC when Jalil is yet to resign?
9. Now, before we proceed to why he was removed, and why Zeti and Syed Zaid (who put his friends – one insider trader and one tax evader at the board of SC) agree to become complicit, let us first show you the evidence. We are not a normal blog, we are like CSI Miami – our assertions are based on facts.
10. If we want to know the validity of anyone academic credentials, the one and only place that can verify it is the university. Simple aint it? Well, LSE was asked, and the official answer given by LSE is as below :

Note: Leda Cosentino  is the Executive Assistant to Dame Minouche Shafik , the Director of the Directorate of LSE. See link here.

11. 1^st email from PNB to LSE on Friday, 19 June 2020 at 2:17pm

11. Kindly note the date of the email that was sent. It was sent on the 19 of June 2020, which four days AFTER the board sacked Jalil, and seven days AFTER Jalil was summoned to SC. Is this justice? Shouldn’t Zeti and Syed Zaid verify the allegations first? It is scary that this blatant injustice is executed by Syed Zaid who is a regulator and a trained lawyer! Bodoh dan jahat.
12. The 1^st response from LSE was obtained on same day, at 5:16pm, three hours after the email was sent. The answer was quite vague.

14. PNB then sent a second email to LSE, on the same at 7pm, to seek clarifications

 

15. The reply from LSE to PNB was received on Monday, 22^nd It clearly vindicated Jalil. The answer was given in double negative (‘not be factually incorrect’)

 

16. Now this is where it gets weird and bit hilarious. PNB then emailed LSE on the same day at 10:21 pm (wow, work hard eh), and asked LSE to clarify.

17. Double negative is always positive. LSE, which we are sure must been quite annoyed by now, replied after few minutes. Just one sentence. Read below.

 

18. So it is clear that Jalil was telling the truth, and the ones telling lies and misled the public are Zafrul, Zeti, and Syed Zaid. Shameful indeed! They should resign immediately!
19. So what was the real reason why Jalil was removed? We will share it in part 2