News by Izzul Ikram

The appellants, developer Memang Perkasa Sdn Bhd (a subsidiary of Malton Bhd), Kuala Lumpur City Hall (DBKL), Yayasan Wilayah Persekutuan (YWP), as well as Bukit Kiara longhouse residents, are appealing at the Federal Court to reinstate the proposed Taman Rimba Kiara project’s development order.

... on factors including rising fuel prices and discontinuation of electricity bill discounts by the government.

BNM announced that the action taken against the company and its affiliates had led to the freezing of 45 bank accounts in seven banks and the seizure of RM118.7 million in cash.

“This issue was never raised in the written submission and was only raised now."

The former legal adviser asserted that if she was given the opportunity to evaluate the agreement instead of the private law firm, she was certain that she would have seen the “big mistake” in the agreement.

The three-member CoA bench led by Justice Datuk Nor Bee Ariffin reserved its judgement on the appeal as more time was required to make a decision.

Datuk Seri Farizan Darus, 62, said that at the meeting, which was chaired by Lim, he had informed those present about the proposal to have the tunnel project.

"You better inform the court because you [have] already submitted it to the defence."

Representatives from Lebanese jewellery firm Global Royalty Trading SAL carried out the physical inspection of the seized items.

“The items forfeited were RM537,000, £2,700 and Sri Lankan Rupee 2.87 million.”