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Tanjung offshore files police reports against two directors

Apparently making a premptive move, troubled Malaysian company Tanjung Offshore has lodged a police report against two directors, Tan Kean Soon and Muhammad Sabri Ab Ghani, who have been suspended from their executive positions following the findings of the company’s Independent Committee (IC), local reports said.

Vincent Wee, Hong Kong and South East Asia Correspondent

February 12, 2015

1 Min Read
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The company also said in a stock market report, referring to press reports that Tan would make some revelations, that he had been given ample opportunity to present his concerns before the IC.

“However, Tan declined to attend interviews with the IC, or to make any statement to the committee despite several reminders to attend the interviews,” it said.

It said that Tan had agreed and consented to the setting up of the IC at a 8 January meeting of the board of directors of Tanjung Offshore. “The board also agreed to his request to include Tan’s personal legal adviser as an ex officio member of the IC.Tan’s personal legal adviser attended only the initial two meetings out of daily meetings conducted by the IC over a two-week period,” it said.

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About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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