PUTRAJAYA: Former Pahang menteri besar Tan Sri Adnan Yaakob failed in his appeal on Thursday (July 31) to overturn a summary judgement requiring him to pay an RM84,000 penalty to the Securities Commission (SC) for breaching provisions under the Capital Market and Services Act 2007 (CMSA).
A three-man bench led by Justice Datuk Azimah Omar held that Adnan should have filed a judicial review to challenge the penalty, adding that on that ground alone, the appeal was bound to fail.
