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Wednesday, February 20, 2013

Documents show Deepak deal includes gag order



Boustead Holdings Bhd's acquisition of Deepak Jaikishan's Astacanggih Sdn Bhd included a clause prohibiting Deepak from speaking about the deal without Boustead's permission.

This was divulged by PKR strategy director Rafizi Ramli today, after he scrutinised several of Boustead's documents that he viewed as a minority shareholder in the company.

"The agreement specifies that Deepak cannot make any statement without the (permission) of Boustead, which verifies my claim that the deal was to shut Deepak up," Rafizi told a press conference.
Malaysiakini is attempting to reach Boustead for its comments. 

[More to follow]

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