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Thursday, January 27, 2022

Appeals court rejects Najib’s bid to reinstate account mismanagement suit

Najib Abdul Razak failed in his appeal to restore a lawsuit over a bank’s alleged sharing of his account information with wanted businessperson Low Taek Jho.

The Court of Appeal this morning unanimously dismissed the former prime minister’s appeal to reinstate the legal action against former banker Joanna Yu and AmBank.

The three-person bench, chaired by Yaacob Md Sam with members Hadhariah Syed Ismail and Ahmad Zaidi Ibrahim, had fixed today for decision on the appeal by the former finance minister.

On Dec 9, 2019, Najib (above) filed the writ of summons against Yu and the commercial bank for allegedly receiving instructions from and revealing his account information to Low (better known as Jho Low).

He is appealing against the Kuala Lumpur High Court decision on Sept 28, 2020, which allowed an application by Yu and the bank to strike out his lawsuit against them.

[More to follow] - Mkini

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