News by Hafiz Yatim

A former senior vice-president of Finance and Corporate Services of Consortium Zenith BUCG Sdn Bhd (CZBUCG) told the Sessions Court on Thursday (July 20) that former senior director Datuk Zarul Ahmad Mohd Zulkifli told him and another former director of the company that Zarul had bribed former Penang chief minister Lim Guan Eng in relation to the Penang undersea tunnel project.

The Court of Appeal on Wednesday (May 24) has allowed the appeals of 68-year-old landowner Tan Jiak Chye to subpoena four people to testify in his RM330 million suit against 1Malaysia Development Bhd (1MDB) and 1MDB’s counterclaim of RM6 million on him in relation to the Air Itam estate.

The High Court on Friday (May 12) granted an air conditioning subcontractor of the 8 Conlay project an injunction against Grand Dynamic Builders Sdn Bhd (GDBSB) to restrain the company or its directors or other officers from issuing a demand pursuant to a Standard Chartered Bank Malaysia Bhd letter of guarantee dated March 8, 2021, until the final disposal of its arbitral proceedings.

“The bench declines to answer the questions, and we unanimously dismiss the appeal,” Tengku Maimun said.

So far, this is the largest group of plaintiffs suing ACE Holdings.

The property in question in the long-standing dispute that started in the 1960s covers 263.72 acres. 

The federal government is disputing a valuer’s multibillion-ringgit estimates for mesne profit compensation in the Semantan Estate (1952) Sdn Bhd case involving land along Jalan Duta.

The Federal Court had on Friday (Jan 20) in a landmark decision ruled that for any hill top or hill slope development projects which are designated as environmentally sensitive in a development plan, approval has to be gained from the National Physical Planning Council (NPPC) as stipulated under Section 22(2A)(c) of the Town and Country Planning Act 2001 (TCPA).

A total of 135 Orang Asli Seletar families from two different villages on Thursday (Jan 12) agreed to record a consent order in the Court of Appeal with developers, the Johor government and the Federal Government, which would see them not only being compensated monetarily, but 85 of them being resettled on a 45-acre (18.21-hectare) alienated gazetted land.

In coming to the decision, the five-member apex court bench led by Chief Justice Tun Tengku Maimun Tuan Mat also held that Section 4C of the Income Tax Act 1967 (ITA), which was enforced in 2014, is rendered unconstitutional.