KUALA LUMPUR: The High Court has granted Datin Seri Rosmah Mansor a conditional stay on a RM67.5mil payment she needed to make to Lebanese-based jeweller Global Royalty Trading SAL over 43 pieces of jewellery that were not returned to them.
Judicial Commissioner Marianne Antoinette Ghani, in her decision, ordered Rosmah to pay the judgment sum into a joint stakeholders account between solicitors for the parties within a month from today.
The JC said a conditional stay balances the rights of parties involved, ensuring that the plaintiff was assured of the fruits of its successful litigation while ensuring the defendant's (Rosmah) rights of appeal not be rendered nugatory in the event her appeal was allowed.
"In the circumstances, the court orders that a conditional stay of execution be granted to the defendant pending her appeal to the Court of Appeal," JC Marianne said here on Wednesday (Aug 12).
On June 10, the High Court ordered Rosmah to pay RM67,461,027.37 to the jeweller within a month's time after the court found her to be liable for the missing pieces said to be within her custody.
The wife to former prime minister Datuk Seri Najib Razak then filed a stay application on the judgment sum.
More to come
