by former appeals court K Anantham on Taman Rimba Kiara on March 28, 2019, and would like to respond on behalf of Khalid Samad, the federal territories minister.
I am sure he did it in good faith. Quite unfortunately, the judge was not privy to the fact of this case. YWP is a foundation that generates and manages funds in order to be able to contribute and improve the living standards of the underprivileged citizens of the Federal Territory. The minister was clearly right to state that the estimated compensation to MPSB may add up to RM150 million as stated in the Writ of Summons filed in court, which is inclusive of consequential and other losses, which can only be determined by the court at the end of trial and no one can foresee the final sum.
FT ministry refer to AG for legal advice and their must be justification for lost on profit to claim. If the land acquired in illegal way then this can be challenged in courts. Arbitration clause defines clearly KhalidSamad