FRESH from posting a stellar quarter that led to a major spike in its share price, a bigger story is unravelling at Telekom Malaysia Bhd (TM). This has led to reports that chairman Rosli Man has refused to appoint acting chief executive officer Imri Mokhtar as CEO. Sources say that since Rosli was appointed chairman last December, he has pushed for various audit initiatives to look at past dealings at the group. Sources say Sulaiman was asked to leave early as he had a few months left in his tenure, although this could not be verified at the time of writing. Sources say part of the audits called for are related to the question of whether TM had overpaid for any deals it went into in the past.

Source: The Star June 01, 2019 00:56 UTC