Did MAS under AJ and Rashdan follow the CREATIVE accounting standard that have been practiced by a famous AVIATION GURU?

MAS paid 8 month bonus in 2010 to Firefly staff!

WEE CHOO KEONG

In a short span of three months after AJ and En Mohamed Rashdan Yusof (Rashdan), the ex-business partner of Tan Sri Azman Mokhtar when they were both in BinaFikir Sdn Bhd, took over the management of MAS, they came out with a shocking revelation that Firefly lost RM89 million. This was contrary to what had been announced by the previous management of MAS. Yours truly wonders what accounting standard the new management of MAS has applied to come out with the figure of the RM89 million loss.