Tajudin Ramli, Danaharta in process of finalising settlement

PUTRAJAYA: Former Malaysia Airlines (MAS) executive chairman Tan Sri Tajudin Ramli is in the process of finalising an out-of-court settlement with Pengurusan Danaharta Nasional Bhd and two of its subsidiaries concerning a civil suit involving debts of RM589mil.

His lawyer Lim Kian Leong told a three-man panel of the Court of Appeal here Monday that his client and Danaharta, however, required time to resolve a "last minute hiccup" on procedural matters regarding the implementation of the settlement.