CEO denies he’s leaving due to JCorp’s debts


KUALA LUMPUR: Johor Corp (JCorp) president and CEO Tan Sri Muhammad Ali Hashim has denied allegations that his recent decision to step down is due to the company’s RM3.58bil debt.

“I am stepping down as stipulated in my terms of contract with JCorp. However, my decision will still have to be endorsed by the board, who will meet, discuss and reach a decision before the end of this month.

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