PETALING JAYA: A protem committee representing more than 900,000 members and shareholders of Bank Rakyat have filed a judicial review application to take over the management of the bank from the government, as accorded under Act 202.
They were seeking judicial review against a decision made by Bank Kerjasama Rakyat Malaysia Bhd's board of directors and the Entrepreneur and Cooperative Development Minister in a move to obtain an order to cease the enforcement of Act 202.
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