SRC International settles suit with Putrade Property Management
This is the second settlement recorded by SRC International and its subsidiaries this month, out of 16 suits filed by them.
This is the second settlement recorded by SRC International and its subsidiaries this month, out of 16 suits filed by them.
"We wish to emphasise that Tan Sri Lim did not benefit in any way, whether personally or with regard to business," said a statement issued on his behalf.
This is the first settlement out of 16 suits filed by SRC International, a former subsidiary of 1Malaysia Development Bhd (1MDB), along with two other SRC's subsidiaries Gandingan Mentari Sdn Bhd and Jendela Pinggiran Sdn Bhd.
PUTRAJAYA (Nov 11) : A week from now (Nov 18), it would be exactly six months the Court of Appeal has yet to deliver its decision over former premier Datuk Seri Najib Razak's appeal over his conviction and 12 years jail and RM210 million fine with regards to SRC International Sdn Bhd.
KUALA LUMPUR (Nov 1): A judgment in default has been entered against SRC International Sdn Bhd's former CEO Nik Faisal Ariff Kamil, who is reported to be at large, in the company's US$1.
KUALA LUMPUR (Oct 11): The High Court will hear SRC International Sdn Bhd’s application to amend the writ in its RM16 million suit against Umno on Nov 10, the same day it will hear the party’s application to strike out the suit.
KUALA LUMPUR (Sept 23): Trial dates for ex-prime minister Datuk Seri Najib Razak’s three money laundering charges involving RM27 million in SRC International Sdn Bhd will be decided after a decision is made on his conviction and sentencing appeal involving the same company.
KUALA LUMPUR (Sept 2): Umno, which is seeking to quash a civil suit by SRC International Sdn Bhd, claims there is no cause of reasonable action against the political party.
KUALA LUMPUR (Aug 16): 1Malaysia Development Bhd (1MDB) and its four subsidiaries have dropped seven of the 15 defendants in their US$8 billion lawsuit against former office bearers of these companies.
KUALA LUMPUR (Aug 3): The High Court has today instructed former prime minister Datuk Seri Najib Razak (pictured) and two former SRC International Sdn Bhd directors Datuk Mohammed Azhar Osman Khairuddin and Datuk Che Abdullah @ Rashidi Che Omar to file their defence to the US$1.