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Tuesday, August 13, 2019

JJ’s mother rejects grandkids’ settlement bid over transfer of company shares

Aminah Abdullah, the mother of late minister Jamaludin Jarjis, in court on an earlier date.
KUALA LUMPUR: The mother of late minister and Malaysian ambassador to the US, Jamaludin Jarjis, today failed to settle her suit against her two grandchildren over the transfer of nine million shares worth about RM1.4 billion in three companies to the joint administrators of her son’s estate.
Lawyer Kamar Ainiah Kamaruzaman, representing Aminah Abdullah, said they rejected the attempt at a settlement by her grandchildren Ikhwan Hafiz Jamaludin and Nur Anis Jamaludin.
“We told High Court judge Mohd Firuz Jaffril that we reject the defendants’ proposal. We find it unreasonable,” she said.
Kamar said Ikhwan and Anis had offered money in relation to the “faraid” or wealth distribution certificate application filed at the Shariah High Court.
“We said there is no proposal on the companies’ shares that we are asking for at this civil court,” she added.
According to Kamar, the full hearing for Aminah’s lawsuit will proceed on Thursday.
“We have 12 witnesses in total. We will be calling three of them this Thursday.”
Aminah said in her lawsuit that if her grandchildren fail to transfer the companies’ shares, a court official should be authorised to execute the task in favour of the joint administrators.
The shares in question are in Rantai Wawasan Sdn Bhd, Alpine Motion Sdn Bhd and Ivory Insights Sdn Bhd.
Aminah is seeking for Ikhwan and Anis, who are joint administrators, to amend by way of court order the schedule of assets in the letters of administration, to include the shares as moveable properties.
She is also seeking for the grandchildren to account for all dividends, bonuses, rights issues, profit and losses arising from them holding the shares.
Kamar said the Shariah High Court had also set Sept 24 for a decision on whether to allow the bid by Jamaludin’s wife, Kalsom Ismail, and her grandchildren to object to Aminah’s application to obtain the faraid certificate.
Aminah had sued Kalsom and her grandchildren over the transfer of properties reportedly belonging to her son to his estate.
She claimed the moveable and immoveable properties, worth about RM2.1 billion, could then be distributed in accordance with Islamic law.
Under shariah law, the mother gets one-sixth of the estate’s assets, the wife gets one-eighth and the remainder is shared among the children.
Jamaluddin, better known as JJ, was a confidant of former prime minister Najib Razak. He died in a helicopter crash four years ago without leaving a will.
He was also an Umno Supreme Council member, and was MP for Rompin from 1990 until his death on April 4, 2015.

He was involved in business before entering politics, setting up engineering consultancy firm J&A Associates. - FMT

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