Stay out of LTAT and Boustead boards, Patriot tells politicians
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Title : Stay out of LTAT and Boustead boards, Patriot tells politicians
Category : Malaysians
Arshad Raji says it is Armed Forces personnel who will be at the losing end if those appointed to LTAT are incompetent.PETALING JAYA: The National Patriots Association (Patriot) has reiterated its call for politicians to stay out of the board of the Armed Forces Fund Board (LTAT) and Boustead Holdings (Boustead).Patriot president Mohamed Arshad Raji said only those who are qualified should be appointed.“Politicians should not be appointed to fit into the politics of patronage agenda. This is because cronyism and the practice of partiality in government-linked companies (GLCs) is a cancer that festers into eventual bankruptcy.“That is why Patriot has always maintained that only competent people be appointed to the boards in LTAT and the Boustead Group,” he said in a statement today.He added that it will be the military personnel who will be at the losing end when companies do n…
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