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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Khazanah confirms receiving summons, claim from Halim’s lawyers

Posted on 10 June 2013

Khazanah Nasional Bhd has confirmed that Tan Sri Halim Saad was indeed suing it, confirming a StarBiz report earlier. In a short statement released yesterday, the sovereign wealth fund said it had received a Writ of Summons and Statement of Claim from the legal representatives of Halim.
“We believe that we have a strong defence to the claim, and shall be taking all measures necessary to vigorously defend it in order to protect our interest,” it said………………………………………..Full Article: Source


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