3. Purchase of new office building made tro another bank's loan. Joke of the year. This high cost transaction was not prudent for any bank, which would buy asset in cash. Renovation was delayed for almost a year, which is very costly to exim. Opportunity rental lost exceeding million of ringgit.
4. staff appraisal for previous year was not transparent. Changes made without justification and reason. Staff did not know their stengths and weaknesses. Management by way of favouritism and cronysm.
All the above caused our staff morale to be at bottom low.
1.your office to seek clarification and verify from Bank Negara Malaysia and Jabatan Audit Negara. Should seek feedbacks from middle and low level staff, not only management staff.
2. Ask PAC to conduct audit, to avoid further losses, which has been swept under carpet.
-source readers comments from " lambakan bekas pegawai Danaharta di dlm GLC dated 3rd June 2010"