IT has been pointed out that the Sunday Star’s focus report on Sept 6 on ministers’ and elected representatives’ salaries had not updated the remuneration for CIMB chief executive Datuk Mohamed Nazir Tun Razak.
His office pointed out that the figure produced in our graphic on CEO annual salaries was outdated and Nazir had taken a “pay cut.”
“This reduction is in line with the variable compensation paradigm of global banks which CIMB practises. His salary package went from RM9.35mil in 2007 to RM5.13mil in 2008,” his office stated.
Masalah dalam negara ini ialah agihan ekonomi........