Umno, Selangor Umno given more time to settle SRC’s RM19.5mil suit


KUALA LUMPUR: The High Court here has given a one-week extension to Umno and Selangor Umno to update the court on the settlement of a lawsuit filed by SRC International Sdn Bhd and two of its subsidiaries over the allegation that the parties had received RM19.5mil from the companies in 2015.

Judge Datuk Raja Ahmad Mohzanuddin Shah Raja Mohzan allowed the request made by lawyers Mohamed Shahrul Fazli Kamarulzaman, who acted for Umno and Datuk Hasnal Rezua Merican, who appeared for Selangor Umno.

Lawyer Razlan Hadri Zulkifli, who appeared for the plaintiffs (SRC, Gandingan Mentari Sdn Bhd, and Jendela Pinggiran Sdn Bhd), did not object to the matter.

"As we indicated to My Lord, the settlement talks are progressing, and we are seeking a few more days until Nov 27,” said Razlan.

The court then fixed Nov 27 for the parties to update on the settlement.

The plaintiffs filed two suits in May 2021, the first of which was to recover RM16mil allegedly transferred to Umno.

The companies claimed that Umno knew, or ought to have known, that the money belonged to SRC and that Umno had no basis to receive the funds.

The second suit seeks to recover RM3.5mil from Selangor Umno, a sum they claimed the party had wrongfully received. – Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Asean condemns Myanmar hospital airstrike, urges halt to violence
Communication, trust key to helping students speak out, forum told
Penang Bomba finalising report on deadly Butterworth house fire
Any proposals to recognise UEC must align with the Constitution, says J-Kom DG
Internal investigation to be conducted following deadly incident at Tanjung Bin Complex, Pontian
Bahasa Melayu, English both crucial in AI, digital era, says Anwar
1MDB asset recovery: 12 artworks worth over US$30mil on way back to Malaysia
Malaysians rescued from Myanmar job scam syndicates have arrived home safely, says the foreign ministry
Fisherman found drowned after boat hit by strong waves off Pulau Bruit
Malaysia among world's most peaceful countries, says Anwar

Others Also Read