Why the fuss over ownership of Malindo?

Abdul-Aziz-malindoPETALING JAYA: A former airline bigwig has questioned the fuss over the 46% stake in Malindo Air now held by chief executive officer Chandran Rama Murthy and his wife.

Ex-Malaysia Airlines chief executive officer Abdul Aziz Abdul Rahman, when asked to comment on Umno Youth and Perkasa questioning the ownership said:

“He is Malaysian. That is all that matters.

“Why are they making a fuss? As far as government policy is concerned, as long as it is Malaysian-owned, it does not matter whether he is Malay, Chinese or Indian.

“He is Malaysian, right? Then there is no issue,” he said when contacted.

FMT has also reached out to Chandran for comment, but he has not responded.

Umno Youth and Perkasa are questioning the ownership of Malindo Air, seeking an explanation over the couple’s acquisition of the 46% stake in the company.

Umno Youth assistant secretary Mohamad Sahfri Ab Aziz reportedly said this was not what was stated in the initial agreement when the airline first started.

According to previous reports, Chandran became a majority shareholder in the airline after Bumiputera company National Aerospace and Defence Industries (Nadi) drastically reduced its stake in Malindo from 50% to 5%.

Malindo began as a joint venture between Nadi and Indonesia’s Lion Group.