by Koon Yew Yin
27th May 2014
When I read the news that former prime minister Tun Dr Mahathir Mohamad had been appointed as Chairman of Proton Holdings Bhd., I could not help thinking that most Malaysians will be laughing and crying at the same time with this disclosure.
According to the report, Datuk Seri Najib Razak said that “I believe Tun’s appointment will certainly strengthen Proton, given’s his determination and high commitment to see the national car company succeed. Although there are many challenges ahead but in the pursuit to improve Proton’s competitiveness, I believe the company would accrue many benefits from his profound experience and knowledge.”
Why Malaysians Are Laughing
Malaysians are laughing because Dr. Mahathir has been de facto chairman of Proton ever since it was first set up. And even after his resignation as Prime Minister in 2003, he has continued to pull the strings on government policy on Proton. Therefore, there is no need to make him chairman unless it is to pay him the large salary that is normally paid to the Chairman of a very large car manufacturing company. Continue reading “Malaysians Laugh and Cry Over Proton’s new Chairman, Dr Mahathir”