On May 9, the High Court allowed the applications by Dr Mahathir Mohamad, former finance minister II Tan Sri Nor Mohamed Yakcop, and the government to strike out the lawsuit filed by the 71-year-old business tycoon. — Picture by Miera ZulyanaPUTRAJAYA, June 18 — Businessman Tan Sri Halim Saad has appealed the High Court’s decision last month to dismiss his lawsuit against the government, former Prime Minister Tun Dr Mahathir Mohamad, and former Finance Minister Tan Sri Nor Mohamed Yakcop.
On May 9, the High Court allowed the applications by Dr Mahathir Mohamad, former finance minister II Tan Sri Nor Mohamed Yakcop, and the government to strike out the lawsuit filed by the 71-year-old business tycoon. In 2014, Halim lost his appeal in the Court of Appeal. He then failed to reinstate the lawsuit following the Federal Court’s dismissal of his application to obtain leave to commence his appeal in the Federal Court in 2015.
Halim alleged that he was instructed to relinquish his positions as shareholder and director of UEM and Renong, as well as their subsidiaries, requiring him to hand over control of Renong and UEM to the government and sell his Renong shares at a loss.