Cousin of Mustafa Centre boss seeks one-third stake in business, says his father cried 'like a baby' after making will

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Cousin of Mustafa Centre boss seeks one-third stake in the business, says his father cried 'like a baby' after making will

SINGAPORE - A cousin of Mustafa Centre boss Mustaq Ahmad told the High Court on Wednesday that his father came home crying"like a baby" one day in 2004, after making a will stating that he held a 15.12 per cent stake in the company.

Mr Fayyaz and his brother Ansar are claiming a one-third share of the entire Mustafa business empire as well as assets owned by Mr Mustaq in Singapore, India, and various other countries. Mr Samsuddin was a cousin of Mr Mustaq's mother Momina. In the 1950s, he went into business with Mr Mustaq's father, Haji Mohamed Mustafa.

Mr Fayyaz and his brother have accused Mr Mustaq and the other defendants of diluting their father's interests through"wrongful" share allotments.

 

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Belgique Dernières Nouvelles, Belgique Actualités