Monday 19 September 2016

MH370: MAS and 1MDB PM Najib’s federal govt in insurance and compensation settlement dilemma?


MH370: MAS and 1MDB PM Najib’s federal govt in insurance and compensation settlement dilemma?

The recovery of MH370’s Boeing 777-200’s wing flap has unearthed damning evidence that the aircraft plunged into a watery grave in a “death dive”.

Perhaps that was why the Malaysian government has been showing no interest in the debris recoveries until the wing flap surfaced.

The damning evidence just cannot be hidden anymore. (Read these for context: http://victorlim2016.blogspot.my/2016/09/mh370-flap-found-in-tanzania-confirmed.html and http://victorlim2016.blogspot.my/2016/09/mh370-liow-must-explain-to-families-of.html)

It brings to closure the families of the 239 passengers and crew on board MH370 - that they have perished in an air crash.

However, there is still the status of the settlement of compensation and insurance claims.

If the evidence and aviation investigations conclude that it was a pilot’s suicide “death dive”, then insurance companies will not pay the families of MH370 victims who perished.

The liability then falls on MAS and the federal government, the owners of the national airline.

Yes! It looks like 1Malaysia Development Berhad (1MDB) Prime Minister Najib Razak and MAS may have a financial headache looming.

Here’s online news portal Free Malaysia Today’s report on the damning evidence:
"


New evidence shows MH370 ended in ‘death dive’
Peter Foley, head of the Australian Transport Safety Bureau (ATSB)
KUALA LUMPUR: The UK-based International Business Times has cited new evidence that shows missing Malaysia Airlines Flight MH370 went to a watery grave in a “death dive.”

It said the evidence was derived from further analysis of the Boeing 777-200’s wing flap that turned up on a beach in Tanzania.

The analysis, it added, showed the wing flap was not deployed at the point of impact. It also ruled out any suggestion the ill-fated plane was in a controlled landing at the end.

Peter Foley, head of the Australian Transport Safety Bureau (ATSB), was quoted by the Australian Associated Press (AAP) as saying, “the rate of descent, combined with the position of the flap, will almost certainly rule out either a controlled ditch or glide.”

If the wing flap was not in a deployed state, he reiterated, it validated what the ATSB had been looking for in the analysis. “That has been the case.”

There has been analysis before, said the website, that the missing aircraft dropped from 35,000 ft at a speed of 20,000 ft per minute before presumably ending up at the bottom of the ocean. “That’s evident from the automated flight signals.”

There’s no evidence where MH370 lies despite debris, reportedly related to the aircraft, turning up in Reunion Island near Madagascar and Tanzania.

The ATSB is leading the search for the aircraft over 120,000 sq km in the 7th Arc in the Southern Indian Ocean, off southwestern Australia. Some 10,000 sq km remain to be scoured by Christmas.

Malaysia, Australia and China have so far spent USD135 million on the search.

The report quoted Malay Mail Online as saying that an Interim Report on the search would include comments by Faizah Hanun, the wife of MH370 Captain Zaharie Ahmad Shah.

More than 50 lawsuits have been filed against Malaysia Airlines Berhad (MAB), the owner of MH370, for compensation.

There were 239 passengers and crew on board MH370 that fateful day.
"

No comments:

Post a Comment