KUALA LUMPUR, April 11 — Sapura Resources Bhd and its subsidiaries have reportedly filed a civil suit against former managing director Datuk Shahriman Shamsuddin, alleging...
Umno seeks court order to claim Seri Pacific Hotel land held in trust by Dr Mahathir, Daim and two others
Tunku Ismail attends PSG match with Tim Cahill and Sonny Bill Williams, crosses paths with Aston Villa fan Prince WilliamSapura Resources Bhd has reportedly filed a civil suit against former managing director Datuk Shahriman Shamsuddin, alleging fiduciary and contractual breaches, with three others also named as defendants..
This follows an internal investigation involving Shahriman, completed in March, which prompted Sapura Resources to file a police report and a complaint with the Companies Commission of Malaysia over possible breaches of the Companies Act 2016, including conflict of interest. The group is reportedly seeking RM3.2 million in relation to consultancy fees, mutual separation payments, travel expenses, deposits paid to Malaysia Airports Holdings Bhd, and related legal costs.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Govt injects RM1.1 billion into Sapura Energy for debt restructuring, ensuring no perks for ex-management or shareholders.‘RM1.1b capital injection into Sapura Energy not bailout’
Read more »
Sapura Energy under scrutiny: MACC opens two investigation papersThe 34-year-old reveals that she hasn't spoken to her stepmother since the latter's marriage.
Read more »
Sapura Energy gets RM1bil capital injectionPETALING JAYA: Graft investigators have opened two investigation papers on Sapura Energy Bhd following allegations of corruption and misappropriation of funds, says the Malaysian Anti-Corruption Commission (MACC).
Read more »
MACC opens two probes into alleged bribery and fund misappropriation involving Sapura EnergyKUALA LUMPUR, March 15 — The Malaysian Anti-Corruption Commission (MACC) has opened two investigation papers on the alleged bribery and misappropriation of funds involving Sapura...
Read more »
Govt’s investment injection in Sapura Energy ‘a beacon of hope’ for vendorsKUALA LUMPUR: The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow c...
Read more »
Govt's RM1.1bil investment injection into Sapura Energy a 'beacon of hope', say vendorsUS Secretary of State Marco Rubio announced sanctions on Friday against officials from Thailand, a US ally, for their role in deporting at least 40 Uyghurs to China, where Washington says the members of the Muslim group will face persecution.
Read more »