KUALA LUMPUR: Former MALAYSIAN AIRLINE SYSTEM BHD [ ] (MAS) chairman Tan Sri Tajudin Ramli has been ordered by the High Court here to settle a total of RM589.14 million plus interest to Pengurusan Danaharta Nasional Bhd (Danaharta) in a civil case that began in 2006.
Kuala Lumpur : Mahkamah Tinggi di sini semalam, membuat perhakiman memihak kepada pengurusan Danaharta Nasional Bhd (Danaharta) dan dua anak syarikatnya terhadap Tan Sei Tajuddin Ramli.
KUALA LUMPUR: Former Malaysia Airlines chairman Tan Sri Tajuddin Ramli has been ordered to pay RM589mil he owed to Pengurusan Danaharta Nasional Bhd and two of its subsidiaries. The amount was the balance of a RM1.79bil loan given to him by a group of lenders to finance the purchase of a 32% stake in MAS in 1994. High Court Judicial Commissioner Anantham Kasinather ordered Tajuddin to pay Danaharta Nasional, Danaharta Urus Sdn Bhd and Danaharta Managers Sdn Bhd the principal sum owed at Dec 31, 2005, of RM589,143,205.57 plus interest at 2% above the Malayan Banking Bhd base lending rate from Jan 1, 2006, until realisation.
KUALA LUMPUR, 7 Dis (Bernama) -- Mahkamah Tinggi di sini Isnin membuat penghakiman yang memihak kepada pengurusan Danaharta Nasional Bhd (Danaharta) dan dua anak syarikatnya terhadap Tan Sri Tajuddin Ramli.
While Pengurusan Danaharta Nasional Bhd officially put up the shutters at the end of 2005, its work was far from over. Ministry of Finance Inc-owned Prokhas Sdn Bhd picked up where Danaharta left off, taking charge of the remaining RM2.88 billion worth of residual assets. This is all that is left of the assets that backed some RM50 billion worth of non-performing loans, which almost dealt the country’s banking system a death blow in 1997.
KUALA LUMPUR: Prokhas Sdn Bhd, a company wholly owned by Minister of Finance Inc, yesterday denied a newspaper report that said Prokhas was seeking RM5bil EPF loan. Managing director Fazlur Rahman Ebrahim said that there had been no deal or “talks” between Prokhas and the Employees’ Provident Fund (EPF) on any loan issues.