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

No settlement, says Khazanah

Posted on 19 July 2013

Khazanah Nasional Bhd has denied that an out-of-court settlement has been struck in the legal suit between tycoon Tan Sri Halim Saad against the government, Khazanah Nasional and Tan Sri Nor Mohamed Yakcop.
“With regard to Halim’s legal suit against Nor Mohamed, the government and Khazanah Nasional, the respective defendants would like to state that contrary to the said article, there is neither a settlement being proposed nor are they aware of any discussion in respect of the same,” the state-owned investment arm said………………………………………..Full Article: Source


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