SCwatch


FORMER ‘SIME CHIEFS’ BEING HIT WHERE IT HURTS …. ASSUMING THEY HAVE THE ILL-GOTTEN GAINS!

Why is there a feeling that the recent legal suits brought about by Sime Darby against former senior management individuals are not expected to bring about the desired results?

It’s not that the amounts claimed against these former senior officers, including its ex-CEO, Zubir fall short of expectations ….. it runs to hundred millions of Ringgit!

It’s more to do about the ability to recover such sums from them …… assuming that the suits are successful.

The legal suits have been brought about on the general premise that those questionable transactions were approved in order to somehow enrich these individuals.

Fat hopes …… would be the natural response from the sceptics.

So what is the expected result assuming the plaintiff, Sime Darby, is awarded judgement?

The defendants will declare bankruptcy.

And everyone will thereafter live happily ever after!!

Now do you know why the enforcement agencies are seen as docile and impotent ….. especially when their conviction powers oblige courts to mete out long jail terms and even whipping?

Surely Najib must be listening by now!

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