Shahrizat's hubby and Public Bank fail to reach settlement
Published on: Tuesday, August 23, 2016
Kuala Lumpur: Perbadanan Fidlot Nasional Sdn Bhd (NFCorp) and four others, including its executive chairman Datuk Seri Dr Mohamad Salleh Ismail, failed to reach a settlement over a suit they filed against Public Bank Berhad over leak of confidential account information.Lawyer Syed Ismat Syed Muhammad, representing NFCorp, said the proposed terms for a settlement offered by the company was not acceptable to Public Bank.Following which, he said the High Court set Oct 21 for Mohamad Salleh to testify in the hearing of the suit.
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He told reporters after meeting Judge Datuk John Louis O'Hara in chambers Monday with the presence of the bank's lawyer Yoong Sin Min, who confirmed that no settlement was reached.On May 22, 2012, NFCorp, its three subsidiaries — National Meat and Livestock Corporation Sdn Bhd, Agroscience Industries Sdn Bhd and Real Food Company Sdn Bhd — and also Mohamad Salleh had filed a suit against Public Bank over breach of contract to protect their bank accounts' confidentiality.Stay up-to-date by following Daily Express’s Telegram channel.
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