Khamis, 2 Jun 2011

念群与沙登人民同在 | Nie Ching for Serdang

念群与沙登人民同在 | Nie Ching for Serdang

[Free Malaysia Today] TNB chiefs see surge in salary

Posted: 02 Jun 2011 05:35 AM PDT

~ By Patrick Lee

The national power company's bosses have taken home more money this year than they have in previous years, its Annual Report says.

PETALING JAYA: Wages have increased dramatically for national power company Tenaga Nasional Bhd’s (TNB) bosses, according to  its 2010 Annual Report.

By August 2010, its executive director Che Khalib Mohamad Noh received an annual basic salary of RM1.2 million, double the amount he was given in 2009.

Throw in EPF contributions, a RM302,500 bonus and other allowances, his 2010 wage would come to RM1,806,664.

The report said: “During financial year 2009/2010, Che Khalib also received RM400,000 and RM600,000 in respect of arrears for new salary and special ex-gratia, approved by MoF (the Ministry of Finance) and TNB’s board of directors.”

TNB’s second executive director Azwan Mohd, who was appointed on April 15, 2010, received a total remuneration of RM755,320.22, including a basic salary of RM457,440.

The power company also saw slight wage increases for many of its non-executive directors.

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