Since their father and Naza founder Tan Sri Nasimuddin passed away in California on May 3rd last year, Naza Group has been managed by the 3 sons - Faizal, Nasa and Faleeq with their 'few' uncles assisting at the subsidiaries. One of them is Datuk Zul.
By Nasimuddin's will, the company CEO should be given to his 2nd son Nasarudin, lauded as most enterprising among all siblings. In fact, he has shown a lot of courage and notched incredible success in helping his father at steering Naza into what it is today.
I was once told that Nasa has a good reputation in business deals, and that was why Nasimuddin had a lot of confidence in him then.
Now that their father is gone, many unhealthy things took place within the group. Most of their showrooms are almost empty with only a few cars left for sale. Some said shipment was on its way and that many stocks were still at the port.
Latest, Faizal (the only son already married) issued a self-prepared internal memo (where was his secretary?) to all departments, declaring that he is the legitimate chief executive officer. All staffs read it, no comment but exchanged winks.
The very next day, youngest son Faleeq issued another memo, saying that his eldest brother's memorandum was 'null and void' as it was not officially agreed by the board members. Again, Naza staffs just shook their heads.
So, who is the big boss now? Nasa did not act to the 2 'circulars' but the employees, especially department heads and managers were rather confused as to whom should they report to. Faizal or Nasa or Faleeq?
I hope the brothers can compromise. Puan Sri should intervene to keep her late hubby's business in safe hands. Naza has been the pride of the nation (many thanks to Tan Sri Rafidah Aziz, whom during her tenure as Ministry of International Trade and Industry has awarded the company with thousands of APs) and has been recognised as a national car industry.
Its a big company for the 3 brothers to attend to. They need each other. Bickering over who should be No.1 or No.2 could run down the company.
They also need their uncles in many ways. So, its now a good news that Datuk Zul's service would be terminated...
We have great concern for Naza, actually...