KUALA LUMPUR: A suit filed by Bintulu MP Datuk Seri Tiong King Sing against former MCA president Datuk Seri Ong Tee Keat over an alleged RM10mil "donation" to MCA has been settled.
Judicial Commissioner S. M. Komathy Suppiah recorded the consent settlement Monday in the presence of all parties.
"By consent, the claim is dismissed with costs," she said.
Earlier, Tiong's counsel Datuk K. Kumaraendran submitted that parties had come to a settlement by consent and he wished the terms to be recorded.
During the trial on Sept 23, Ong had denied that he received the alleged RM10mil from Tiong as a donation to the party.
Ong, 57, testified that MCA did not need any external financial assistance in 2008 as the party was stable.
The plaintiff had called six witnesses to testify while the defendant's one witness who was Ong himself.
In his statement of claim, Tiong had alleged that he had given RM10mil to MCA through Ong when the latter was party's vice-president.
Tiong is seeking that the money be refunded to him.
The court also fixed Oct 21 for case management for the suit RM500mil suit filed by Ong against Tiong.
When asked by reporters on the terms of settlement, Ong's counsel Chan Tse Yuen said parties are not allowed to disclose the terms.
Meanwhile, Ong said he was pleased with the judgement.He said after four years the suit had been settled and he felt vindicated.