MAS Vs Tajuddin Ramli Trial to begin in March, 2012

February 23, 2012

www.themalaysianinsider,com

MAS Vs Tajuddin Ramli Trial to begin in March, 2012

by The Malaysian Insider

Former Malaysia Airlines System Bhd (MAS) chief Tan Sri Tajuddin Ramli unsuccessful currently in his bid to retard a inhabitant conduit as well as a dual subsidies from suing him for crack of fiduciary duty.

High Court decider Rosilah Yop ordered a hearing to begin from Mar 12. The preference was done in chambers, state news agency Bernama reported. The decider also fixed next Monday to hear a government's application to cancel Tajuddin's RM500 million retaliation opposite MAS as well as a federal government.

The 65-year-old had served as a airline's senior manager authority from 1994 to 2001 as well as was a poster child of former financial apportion Tun Daim Zainuddin's now-discredited process of nurturing a category of Malay corporate captains on supervision philanthropy during a Mahathir administration.

The main suit filed in 2006 by MAS as well as a dual subsidiaries, MAS Golden Holidays Sdn Bhd dan MAS Hotels & Boutiques Sdn Bhd, charged that Tajudin as well as his 4 companies Naluri Corporation Bhd, Promet (Langkawi) Resorts Sdn Bhd, Kauthar Venture Capital Sdn Bhd as well as Pakatan Permai Sdn Bhd had purposely breached his obligations as well as certitude to win certain contracts that benefited him, using MAS.

Tajuddin has denied a charge, saying a MAS suit contained unclothed allegations, with no facts or circumstances cited to ! behind t hem as well as was an abuse of a justice system.

The Kedah-born office worker claimed that MAS had acted with malice as well as in bad faith in taking authorised action opposite him to embarrass as well as taint his reputation.He combined a airline's inform with a Malaysian Anti-Corruption Commission (MACC) opposite him was defamatory.

Tajuddin was represented by counsel Lim Kian Leong; SM Shanmugam stood for MAS as well as Lailawati Ali acted for Putrajaya.

Earlier this month, Tajuddin settled out-of-court his debt due to Pengurusan Danaharta Bhd (Danaharta) as well as several other government-linked companies (GLCs) for an undisclosed sum of money, despite a High Court preference in December 2009 ordering a ex-MAS chief to compensate a state asset management manager RM589.14 million and dual per cent interest per year, backdated to Jan 1, 2006.

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