Looks like Proton's Chief Executive Tengku Tan Sri Mahaleel Tengku Ariff is in trouble after he criticized the government's auto policy in an interview with the Oriental Daily (Chinese language) newspaper on Tuesday.
However, its hard for me to understand his complaints about the "poor treatment" Proton was receiving from the government. Everyone knows that Proton couldn't have come this far without the Govt's support and after all the government owns 42.74% of Proton through Khazanah Nasional Bhd and is its biggest shareholder.
The Prime Minister Datuk Seri Abdullah Ahmad Badawi has denied rumours that Khazanah Nasional Bhd had asked Proton Holdings Bhd's board to remove the latter's chief executive officer. Read the Bernama report.
The company’s board of directors had called an emergency meeting and have given him until the weekend to explain his comments. Read the NST report.
