Court was told that Khalid Ibrahim, who was former Selangor menteri besar, could override decisions made by the MBI board of directors.
“In Selangor, there is the MBI board of directors and it merely acts in an advisory role to the menteri besar, who can override them,” he said in his submission before a five-member bench, chaired by Rohana Yusuf. In 2017, the High Court held that the payments to all eight had been legally made. MBI then appealed.
He said Faekah had prepared three options for the MBI to choose from and Khalid went for the VSS, which the board approved.Bon said the claims against Faekeh and Rohani, being the executives of MBI, for conspiracy , breach of trust and fiduciary duty for not getting approval of the board, were misplaced.Bon said MBI should instead have filed a claim against Khalid and not the innocent employees.
Sri Ram said there was no provision for VSS under the terms of employment contract between MBI and the eight.
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