On Nov 24, 2017, the Sessions Court here convicted Thai and former remisier Tiong Kiong Choon of insider trading offences, according to the SC’s statement then.
Last December, it was reported that Meeriam, 60, filed a suit at the High Court there to declare that she has been in a quasi-spousal union with the former works minister and engaged in an ala-matrimonial relationship since Aug 23, 1981.
Datuk Wong Rhen Yen, counsel for creditor Mastijaya Sdn Bhd, told the court that since Jepak is based in Bintulu, the issue of whether this matter should be heard in the High Court of Malaya or the High Court of Sabah and Sarawak has to be determined first.
During cross-examination today, defence counsel Datuk N Sivananthan, who is representing 1MDB's former president Arul Kanda Kandasamy, asserted that although there were suggestions and requests to drop certain parts of the audit report, the ultimate decision on removing and/or tampering with the report was still the onus of Ambrin.
However, Ambrin defended that since the order came from the government, he felt the pressure to comply with the requests.
Hearing of PSOSL’s bid to vary interim order blocking movement of 1MDB-linked funds adjourned to Aug 19
PSOSL’s lawyer Alex Tan told the court that there were some new developments in the UK and for this reason, it was seeking a short adjournment to the hearing of its application.
Mohd Haniff Khatri Abdulla: It (the fine) should not have been stayed completely. But [the court] should at least order him to pay 10% of it by way of instalments.
Lodin resigned from Boustead and its related subsidiaries on Nov 30, 2018, while the others left the company last year.
High Court rejects application to include Najib, Rosmah, six others in suit by family of late PI Bala
Judicial Commissioner Quay Chew Soon ruled that businessman Deepak Jaikishan had failed to show there was a prima facie case. Balasubramaniam was also known as PI Bala.
It was reported that Rosmah, who is former prime minister Datuk Seri Najib Razak's wife, is accused of soliciting RM187.5 million from Jepak Holdings Bhd to help the firm secure a RM1.25 billion project to supply solar hybrid power to 369 schools in Sarawak.