According to NST...
KUALA LUMPUR: Maybank Bhd, one of the two banks which had introduced a regulation requiring Bumiputera legal firms’ involvement before any business may be conducted with it, will review its decision.How blatant can this racist shit get?
Maybank, stating that it has always adopted a flexible approach, explained that it did not intend to call on existing solicitors to restructure their equity ownership.
It was reported that the new regulations would require law firms to have a minimum of three partners, of whom one must be Bumiputera with a minimum 50 per cent stake in the firm.
The letter was sent to all legal firms last month.
When Maybank solicits your business and takes your money, everybody's abang-adik. But when you want their business, you get all this racist rubbish. I know it's nothing new and Maybank's a GLC, but shit like this still riles me up.
I reckon all non-bumi account customers of Maybank should simply STOP doing business with Maybank until Maybank can change it's shareholding, managers and board of directors to at least 50% non-bumiputra. Quit pro quo. Let's boycott the bastards.
Update 10 May 2007 - coverage in today's Today newspaper.