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Oct 15, 2008

Special court orders Negri ruler to pay US$1 million to bank

NST | The Special Court which was set up to hear cases involving royalty today ordered the Yang Dipertuan Besar of Negeri Sembilan, Tuanku Ja’afar Tuanku Abdul Rahman, to pay US$1 million to Standard Chartered Bank Malaysia Berhad (SCBMB) after ruling that Tuanku Ja’afar has to honour the terms in a letter of credit.
Chief Justice Tun Abdul Hamid Mohamad, who sat with Chief Judge of Malaya Tan Sri Alaudin Mohd Sheriff, Chief Judge of Sabah and Sarawak Tan Sri Richard Malanjum, and Federal Court judges Datuk Arifin Zakaria and Datuk Zulkefli Ahmad Makinudin, unanimously allowed the bank’s suit against the former king.... selanjutnya.


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