Two former board members of 1MDB, Datuk Kamal Mohd Ali and Datuk Seri Norazman Ayob, will remain as third parties in the 1MDB US$6.59 billion lawsuit. The Federal Court dismissed their appeal against being included in the suit against former 1MDB chairman Tan Sri Mohd Irwan Serigar Abdullah and former 1MDB chief executive officer Arul Kanda Kandasamy.
Two former board members of 1 Malaysia Development Berhad ( 1MDB ) will remain as third parties in the 1MDB US$6.59 billion lawsuit. This follows the decision by the Federal Court ’s three-man panel to dismiss the leave to appeal applications brought by the former board members Datuk Kamal Mohd Ali and Datuk Seri Norazman Ayob. The duo had sought leave to appeal the appellate court’s decision that had ordered for their inclusion as third parties in the 1MDB suit.
The Federal Court panel presiding today comprised Chief Judge of Sabah and Sarawak Tan Sri Abdul Rahman Sebli and Federal Court judges Datuk Nordin Hassan and Datuk Abdul Karim Abdul Jalil. Delivering the court’s unanimous decision, Justice Abdul Rahman said it is not a fit and proper case for the court to exercise its discretion to grant leave under Section 96 of the Courts of Judicature Act 1964. He ordered the duo to pay RM30,000 in legal costs. On Nov 6 last year, the Court of Appeal allowed Mohd Irwan’s appeal to include three individuals, including Kamal and Norazman, as third parties in the suit. This led Kamal and Norazman to apply for leave to appeal in the Federal Court. Former 1MDB chief financial officer Azmi Tahir was also brought in as a third party in the 1MDB suit but he did not apply for leave to appeal at the Federal Court. This means he would also remain as a third party in the suit. On May 30 last year, Mohd Irwan filed an ex-parte application against six individuals, seeking indemnity or contribution in the event he is found liable for the lawsuit filed by 1MDB against him and Arul Kanda. On Sept 6 last year, Judicial Commissioner Datuk Raja Ahmad Mohzanuddin Shah Raja Mohzan granted the application of the six individuals, including Kamal, Norazman Ayob and Azmi, to strike out the third-party notice filed by Mohd Irwa
1MDB Lawsuit Former Board Members Federal Court Malaysia
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Police To Investigate Cop Who Allegedly Made Lewd Gestures At WomanKuala Lumpur police chief Datuk Rusdi Mohd Isa said the officer involved has already been identified.
Read more »
Johor Civil Service Undergoes ReshuffleNine top Johor civil servants, including two mayors, have been reassigned to new roles following a statewide reshuffle. Former Johor Baru City Council mayor, Datuk Mohd Noorazam Osman, takes over as the new chief executive officer of the Iskandar Regional Development Authority. Other appointments include Datuk Mohd Haffiz Ahmad as the new Johor Baru City Council mayor and Ahmad Nazir Mohd Nasir as the new Iskandar Puteri City Council mayor.
Read more »
Auction of Datuk Seri Vida's possessions postponed(Reuters) - American content creators on TikTok asked followers to subscribe to their channels on rival platforms like Meta-owned Instagram and Alphabet's YouTube after a federal appeals court ruled that the social media app could be banned if it is not sold to a U.S.-based company by Jan. 19.
Read more »
Agencies promoting 'Thai Marriage Trip' may face legal action, says Mohd Na'imTotal foreign tourist arrivals exceed 32 million in first 11 months of 2024 with revenue reaching 1.5 trillion baht.
Read more »
PM Anwar says he discussed Najib’s pardon with King during Johor visitKUALA LUMPUR, Dec 10 — Prime Minister Datuk Seri Anwar Ibrahim said today Datuk Seri Mohd Najib Razak’s pardon was among the issues that were discussed with His Majesty Sultan...
Read more »
Another Datuk nabbed over RM250m project corruptionThe MACC has arrested three individuals so far in relation to the case
Read more »