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

Court’s controversial ruling against Temasek

Posted on 07 October 2009

From Themalaysianinsider.com: An Indonesian district court, in a controversial ruling, has decided to allow the hearing of a class action suit by a group of nine people against Temasek Holdings and several telco companies.
Temasek’s lawyer pointed out that the ruling was flawed under the law because no mediation process had taken place between the litigants, a revelation the judge later acknowledged……………….Full Article: Source

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