3 more top Securities Commission officials resign, says report

Updated 2 years ago · Published on 29 Apr 2022 3:55PM · 2 Comments

Three top Securities Commission officials – managing director Foo Lee Mei, general counsel Chee Fei Meng and executive director of digital strategy and innovation Chin Wei Min – have resigned, according to a report. – The Malaysian Insight file pic, April 29, 2022.

THREE more top Securities Commission (SC) officials have left the financial regulator, The Edge reported today.

They are said to be managing director Foo Lee Mei, general counsel Chee Fei Meng and executive director of digital strategy and innovation Chin Wei Min. 

When contacted by The Malaysian Insight, the SC refused to comment on the matter. 

Quoting sources, The Edge said Foo tendered her resignation recently while Chee opted not to renew her contract. 

The departure of the three officials came after executive chairman Syed Zaid Syed Jaffar Albar, 67, tendered his resignation yesterday.

He was promptly replaced by Awang Adek Hussin, a former Umno member of Parliament and assistant governor of Bank Negara Malaysia.

Syed Zaid’s resignation is reported to be linked to clashes with the attorney-general’s controversial decision to withdraw criminal charges against troubled oil and gas services company Serba Dinamik Holdings Bhd and four senior executives, who were alleged to have filed false financial statements with Bursa Malaysia. – April 29, 2022.

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Comments

  • From what is published, it looks like professional management has given up as the government supports the crooks against its own institution!

    Posted 2 years ago by Loyal Malaysian · Reply

  • It only shows people with integrity cant stomach and condone such fault play nor can you buy them out.

    Posted 1 year ago by Teruna Kelana · Reply