Negri ruler Tuanku Ja’afar ordered to pay bank US$1m (updated)


PUTRAJAYA: A special court here has ordered Yang Di-Pertuan Besar of Negri Sembilan Tuanku Ja’afar Tuanku Abdul Rahman to pay nearly US$1mil (RM3.5mil) to Standard Chartered Bank Malaysia Bhd to honour his commitment in a letter of credit over a business deal.

Chief Justice Abdul Hamid Mohamad, who sat with Chief Judge of Malaya Justice Alauddin Mohd Sheriff, Chief Judge of Sabah and Sarawak Justice Richard Malanjum and Federal Court judges Justices Ariffin Zakaria and Zulkefli Ahmad Makinudin, unanimously allowed the bank’s suit against the former King.

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