It has been reported in the press today that Sime Darby has filed civil suit against its former CEO Datuk Seri Ahmad Zubir Murshid and 4 others for RM338 million. It seems from the press reports that Sime Darby did not seek relief for a Mareva Injunction whereby all the movable and immovable assets (i.e. properties, shares, money in the bank accounts and etc) of all the Defendants will be frozen in order to preserve all the assets of the defendants pending the disposal of the said civil suit.
Bukit Kiara
Sime Darby paid RM40 millions or only RM4 millions to DBKL for the royalty payment for the Bukit Kiara Land?
(To be updated later) How about Kuala Lumpur Golf and Country Club (KLGCC) which was occupying a piece of land in Bukit Kiara of about 60 acres which belonging to DBKL for many years?