Suit against MSWG struck out

  • Business
  • Saturday, 24 Apr 2010

PETALING JAYA: The Minority Shareholder Watchdog Group (MSWG) has succeeded in getting the Kuala Lumpur High Court to strike out the defamation suit brought against it by Datuk Ramesh Rajaratnam, the former executive director of Malaysian Merchant Marine Bhd (MMM).

MSWG said in a statement that High Court Judge Datin Zabariah Mohd Yusof, at the April 14 hearing, had allowed MSWG’s application to strike out Ramesh’s defamation suit against MSWG with costs.

To recap, Ramesh had on May 22, 2009, filed a defamation suit against MSWG alleging MSWG had defamed him in relation to two letters written by MSWG which were addressed to the boards of directors of MMM and M3nergy Bhd via their respective company secretaries.

The defamation case involved the sale of MMM shares between M3nergy and Core Attributes (M) Sdn Bhd.

Ramesh alleged that the words contained in the said letters in their natural and ordinary meaning were defamatory to him.

He claimed for general damages of RM5mil and aggravated damages of RM10mil.

Represented by its counsel Ben Chan, MSWG had in its defence “relied on qualified privilege and fair comment”, it added.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

Households to drive loan growth
Pressure on ringgit
Lenders hiring to chase South Asia’s US$93bil tech deals
Edra wins bid to build power plant in Bangladesh
ACO Group zooms into green mobility sector
Nova Wellness expansion to continue
CIDB: Provide technology incentives
Bank Negara to improve process for motor claims
How will global tax reforms impact Malaysia?
Myanmar, with US$6b in foreign reserves, is doing utmost to stabilise currency

Others Also Read