News about suit

KUALA LUMPUR (June 30 ): Retiree Lee Cheong Chee, 55, is suing HSBC Bank Malaysia Bhd for negligence, saying the bank did not advise him against going ahead with transactions that “it could have deduced to be fraudulent”, the Malay Mail reported today.

KUALA LUMPUR (June 25): The High Court will be announcing its decision on the 1Malaysia Development Bhd (1MDB) forfeiture action against former land and cooperative development minister Tan Sri Kasitah Gaddam on July 24.

Sold for: RM690,000 (RM548 psf) Concluded by: Ashley Haw (REN 05137) (011-1289 3610) of Kith and Kin Realty Sdn Bhd When: December 2019  Noteworthy: ● Freehold ● Built-up: 1,259 sq ft ● 3 bedrooms; 2 bathrooms ● Fully furnished unit ● Facilities: tennis court, gym, mini market, sauna, swimming pool and BBQ area.

KUALA LUMPUR (June 22): The Kuala Lumpur High Court will reserve judgment until a later date over an application made by the Inland Revenue Board (IRB) for a summary judgment in the RM1.

KUALA LUMPUR (June 12): Goldman Sachs is trying to get federal prosecutors to ease up on the bank for its role in a scheme to loot billions of dollars from sovereign wealth fund 1Malaysia Development Bhd (1MDB), says the New York Times (NYT).

KUALA LUMPUR (May 21): Singapore-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific hotel brands, is banking on the future growth of tourism in Malaysia, despite the current uncertainties in the hospitality industry, The Edge reported today.

KUALA LUMPUR (April 28): Parkson Holdings Bhd's Cambodian unit has been ordered to pay US$144.

KUALA LUMPUR (April 22): The attorney general of the state of Missouri in the US, Eric Schmitt, filed a lawsuit against the Chinese government yesterday “claiming” that China’s denials and cover-ups led to the coronavirus spreading all over the globe and causing “trillions of dollars” in economic damage, reported the South China Morning Post (SCMP).

KUALA LUMPUR (April 14): The Employees Provident Fund (EPF) is suing a subsidiary of Ikhmas Jaya Group Bhd to recover RM2.

KUALA LUMPUR (April 1): The prosecution's oral submissions in the graft case involving former Felda chairman Tan Sri Mohd Isa Samad (pictured) has now been fixed for April 21, following the enforcement of the Movement Control Order.