Friday September 21, 2012
Court: Get your papers in order
By M. MAGESWARI
KUALA LUMPUR: National Feedlot Corporation (NFCorp) and Public Bank Bhd have been asked to sort out their court papers over a suit by the cattle-rearing company against the bank over alleged breach of the Banking and Financial Institutions Act 1989 (Bafia).
High Court judge Justice John Louis O'Hara has set Oct 17 for case management so that the parties can adhere to the court directive.
NFCorp lawyer Wan Shahrizal Wan Ladin said the judge had instructed the parties to file a new bundle of documents.
NFCorp, its related companies and its chairman had, on May 22, filed a lawsuit against the bank stating that its business reputation and credibility had suffered irreparable loss and damage as a result of a breach of Bafia by the bank.
The breach, NFCorp stressed, had allowed PKR strategic director Rafizi Ramli to dramatise and sow the seeds of distortions and misrepresentations to defame and damage the reputation and credibility of the corporation, its related companies and its chairman with the Government and the public as well as with the business and financial communities.
In its suit, NFCorp stated that its private and confidential banking information, its related companies and its chairman had been exposed to the world at large, and the lives of the directors and family of the plaintiffs had also been exposed to danger.