18 Aug '11, 9am

An extravagant party held by a Malaysian bank for its ageing founder has sparked ridicule online

KUALA LUMPUR (AFP) - An extravagant party held by a Malaysian bank for its ageing founder has sparked ridicule online, with some comparing it to the type of event held in North Korea to praise leader Kim Jong Il. The party was held on July 23 to mark Public Bank Bhd's 45th anniversary and honour its 81-year-old chairman, Teh Hong Piow, but a video of the lavish celebration only began circulating online on YouTube and elsewhere this week. The video shows hundreds of bank staff, singers, and dancers waving small flags in a banquet hall to welcome Teh's arrival. The bank chief - who was ranked Malaysia's third-wealthiest person by Forbes magazine this year - was brought in like a head of state, standing in the bed of a pickup truck flanked by motorcycle outriders dressed as policemen.

Full article: http://www.straitstimes.com/BreakingNews/SEAsia/Story/STI...

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