High Court orders Isa Samad, Mohd Emir to pay FGV RM3.31mil over condo purchase

  • 📰 staronline
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 75%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

A German startup has developed a mobile application capable of guiding a delivery drone right up to your window or balcony to deliver food or other small items.

KUALA LUMPUR: The High Court here ordered FGV Holdings Bhd's former chairman Tan Sri Mohd Isa Abdul Samad and former chief executive officer Datuk Mohd Emir Mavani Abdullah to pay more than RM3.31mil to the company.

The judge held that the defendants wrongfully used and refurbished the units as it was not done in accordance with the company's procedures. "The second defendant also had breached his duties by abusing the carpool system and petrol card. So, the defendants should be liable for the damages,” he said.

He also said the acquisition of the Troika units did not incur any losses to FGV as they were still owned by the company.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

High Court orders Isa Samad, Mohd Emir to pay RM3.31m to FGV over condo purchaseKUALA LUMPUR, March 29 ― The High Court here today ordered FGV Holdings Berhad's former chairman Tan Sri Mohd Isa Abdul Samad and former group president and chief...
Source: malaymail - 🏆 1. / 86 Read more »

Daim's wife seeks High Court order for return of passportThe 42-year-old actress is now working in the United States, her latest film is the upcoming 'Godzilla X Kong: The New Empire'.
Source: staronline - 🏆 4. / 75 Read more »

Najib had absolute power in SRC, High Court hearsTHEY came and they conquered – but the invaders have now become the hunted.
Source: staronline - 🏆 4. / 75 Read more »

In abortion pill case, US high court may undermine drug regulatorWASHINGTON: If the US Supreme Court, which on Tuesday hears a sensitive case on the availability of abortion pills, ultimately decides to restrict the...
Source: theSundaily - 🏆 25. / 51 Read more »

14 claim trial at the High court for being gang membersKota Kinabalu: Fourteen individuals, including a Datuk, claimed trial at the High Court, here, Friday for being members of the organised crime group “Geng Upik”.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »