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.

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

Next In Nation

Bersatu appoints new task force to restructure divisions, wings
Madani govt component parties must strengthen cohesion to realise people's mandate, says Zaliha
US tariff ruling lifts market sentiment, positive for M'sian markets, say economists
Amanah looks at contesting 20 seats in Johor polls, subject to talks within PH, says state party chief
Fire razes 10 houses in Kota Belud, families moved to relief centre
DAP members, leaders must respect outcome of special congress, says Chow
Ramanan lauds SJKT Ladang Kinrara's success at international youth STEM event
Man nabbed while trying to steal railway cables between Kempas Baru, Kulai
Tengku Panglima Perang Pahang visits family of late Trooper Indiran
Govt has improved Armed Forces procurement procedures, says Defence Minister

Others Also Read