Halim Saad fails bid to reinstate lawsuit against Dr M, two others


PUTRAJAYA: Businessman Tan Sri Halim Saad has lost his appeal to reinstate his lawsuit against the government, former prime minister Tun Dr Mahathir Mohamad and former finance minister II Tan Sri Nor Mohamed Yakcop over losses he allegedly incurred following the government's 2001 acquisition of Renong Bhd and United Engineers Malaysia Berhad (UEM) shares.

A three-man bench comprising Justices Datuk Supang Lian, Datuk Lim Chong Fong and Datuk Dr Alwi Abdul Wahab dismissed Halim's appeal and ordered him to pay RM20,000 in legal costs.

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