SHAH ALAM: The High Court has thrown out a RM14bil suit filed by Puncak Niaga Holdings Bhd (Puncak Niaga) against former Selangor Mentri Besar Tan Sri Abdul Khalid Ibrahim and two others over the restructuring of the state’s water industry.
Justice Akhtar Tahir struck out the suit on grounds that the statement of claims by Puncak Niaga was defective and ordered the company to pay costs of RM25,000 to each of the defendants.
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