Maybank has imposed the rule that with effect from 1-7-2007, one of the criteria for legal firms to be on its panel is that 50% of the equity of the partnership of the legal firm must be held by Bumiputeras. For legal firms which are already on the Maybank panel, they have a year to comply with the new ruling.
DAP MP for Bandar Kuching Chong Chieng Jen rose early this morning to table his motion to discuss Maybank’s ruling, seen as an extension to the New Economic Policy.
Speaker Tan Sri Ramli Ngah Talib rejected the motion on the ground that it was internal policy of the bank.
Today the Bar Council said another bank is going to implement the same ruling too.
Chong said aloud that it was racial discrimination and its implementation would impact ethnic relations in the country.
Too bad the motion is rejected and we have no opportunity to oppose the ruling or hear the stand of Barisan MPs or the government.
WE often hear loud-mouthed Minister advising consumers to shift their allegiance for a certain company if they are not satisfied with the services or price hike.
The latest is the Astro’s price hike on their programme packages. Lim Keng Yaik said in his usual “Soh-chai” style, “Don’t watchlah if you don’t like the increase”.
Well, maybe Maybank customers can see some wisdom in Keng Yaik’s advice.
Close your accountlah with Maybank if you don’t like their discriminatory ruling.