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On June 28, QAF abruptly parted company with the men, including managing director T.
CNN: Intelligence: Echoes in Brunei
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Bruneians immediately began withdrawing their money from the Baiduri Bank, which has close ties to QAF.
CNN: Intelligence: Echoes in Brunei
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QAF's deputy chairman, Prince Qawi (Mohamed's son), said the seven top officials had not been sacked but had left to make way for restructuring.
CNN: Intelligence: Echoes in Brunei
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Brunei depositors made a run for their money when they learned that seven top officials at the conglomerate QAF Group were leaving their jobs.
CNN: Intelligence: Echoes in Brunei
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The fear is that QAF (the company is named after the initials of Mohamed's children) could be caught up in the same syndrome of wasted money, bad management and general royal misconduct which finally brought down another brother, Prince Jefri, last year.
CNN: Intelligence: Echoes in Brunei