KUALA LUMPUR: Former prime minister Tun Dr Mahathir Mohamad and two others have successfully struck out a lawsuit by business tycoon Tan Sri Halim Saad over losses allegedly suffered during the government’s takeover of Renong Bhd and United Engineers Malaysia Bhd in 2001.
JC Suzana noted that Halim had another lawsuit in 2013 that was disposed of and whatever issues raised then were bound by the principle of res judicata and limitation of time. Halim had filed a similar lawsuit on April 17, 2013, against Khazanah Nasional, Nor Mohamed and the government to claim for damages of more than RM1.8bil for selling his interests in Renong.
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Source: staronline - 🏆 4. / 75 Read more »