Friday, 17 October 2014

Protasco's Puzzling Purchase (9)

Article in The Star: "Two Protasco non-exec directors deny allegations".

"Protasco Bhd non-executive directors Tey Por Yee and Ooi Kock Aun have denied all allegations made against them by the company and will file their defence at the end of this month."

“We have carried out our fiduciary and statutory duties to the best of our ability. We resolutely deny all these allegations. “The allegations are not true and not supported by facts. These will be made apparent when we file our defence at the end of this month, where proof will be furnished to back our defence.”

It was about time that they finally broke their silence. Hopefully we will see a healthy dose of transparency in this rather intriguing case, and the veil will be lifted on many aspects of this case. For instance, who was really behind PT Anglo Slavic Utama?

1 comment:

  1. Oscar Pistorius, pleaded not guilty for homicide!!
    It is the responsibility of plaintiff and prosecutors to prove the charges.
    Verdict out soon.
    What do you think the outcome?