Tycoon Halim Saad sues Dr M, Nor Mohamed Yakcop for compensation over Renong, UEM

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KUALA LUMPUR, Aug 9 — Tycoon Tan Sri Halim Saad has filed a civil lawsuit against former prime minister Tun Dr Mahathir Mohamad and former minister Tan Sri Nor Mohamed Yakcop,...

KUALA LUMPUR, Aug 9 — Tycoon Tan Sri Halim Saad has filed a civil lawsuit against former prime minister Tun Dr Mahathir Mohamad and former minister Tan Sri Nor Mohamed Yakcop, seeking compensation for the financial losses he suffered in relation to the government’s takeover of United Engineers Malaysia Bhd and Renong Berhad.

In a public statement today, Halim claimed that the instructions given by Dr Mahathir and Nor Mohamed in the past in relation to UEM had resulted in his constitutional rights being breached.

 

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