COMMENT | HRD Corp's defiance, denials cannot become truth

COMMENT | If it had been a commercial organisation, it would qualify to be listed on the stock exchange, especially with annual revenues of RM2 billion.

A set of directors made up of professionals in the industry would have head-hunted a professional to lead the organisation to greater heights.

Unfortunately, the boards of most government companies are filled with politicians and political appointees whose task would be to look after the interests of the respective ministers and not the stakeholders.

The HRD Corp is an example and is making headlines again after six years and for the wrong reasons.