Yeap! Why is SC chairman Zarinah Anwar so powerful? What empowers her? And who gives her the rights to intimidate business reporters whose duty is to report facts and figures?
My question - is the reports on Kenmark wrong and subjudice? Subjudice to who and what? Why is Zarinah so protective of the 'leaks' from SC? Whose interest is she upholding?
The reports was to seek justification from those involved and has in no manner breach the ethic of journalism. Should the SC has a different set of provision that can sue and send journalists to jail for doing their job, then I would suggest for the Press to impose a total blackout on Zarinah and the Securities Commission.
Journalists have played an important role in helping to boost the economy and build confidence to the bourse. The SC, notwithstanding has been using the Press all this while to paint a rosy picture of the market, whether the sentiment was positive or not.
Taking the cue from Rockybru, I think Zarinah's action in interrogating the reporters who wrote the story is suicidal as it would lead to many business reporters, both local and foreign, to dig up for more 'leaks'. Have anyone ever wondered why the likes of Vincent Tan, Kalimullah and others were let off the hook by the SC?
And I personally believe that the MACC should step in to check the irregularities. Why? I dont think the Finance Minister would interfere in what is going on at the SC, neither will he be bothered with Zarinah's action.
So, its time for her to consider everything. She may proceed with the legal suit against the reporter and enjoy her tenant (for how long?) as the SC chairperson. By the way, does she remember under which provision that she was appointed to the position?
My call to the Prime Ministeri and Finance Minister - just sit tight and do nothing about it!