DOUBLE standards implies that two things which are the same are measured by different standards.
JUST look at how READ : Zahid Hamidi's case has always been treated. One would assume, Malaysians really want to see this man go to jail.
ESPECIALLY, when one considers the sound bites on the case of Ismail Sabri, the ninth Prime Minister of Malaysia, READ :has been totally non existent.
NEVERMIND, that more than RM100 million in cash and gold bars were found, yet not a single push to have Ismail Sabri put in jail or even resign as a member of Parliament.
WHY is that so? because we like Ismail Sabri's face and hate Zahid Hamidi's guts?
THE same goes in how we judge the actions of directors. At the public listed level, we give directors an easy ride by placing barriers such as non related party clauses due to the number of shares held and so on.
BUT for non listed companies, directors who have taken the same actions as their listed counter parts could actually face action under Act 574 of the Malaysian Penal Code, which is basically boils down to criminal breach of trust.
LAW makers and their enforcers, should drop the double standards, because the actions of a listed entity should only be constrained to that of its holding company and not to its subsidiaries.
