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Public Bank loses final appeal in NFCORP breach case
Public Bank loses final appeal in NFCORP breach case

The Sun

time26-05-2025

  • Business
  • The Sun

Public Bank loses final appeal in NFCORP breach case

PUTRAJAYA: The Federal Court here today upheld the decision of the Court of Appeal which found Public Bank Berhad liable for breach of confidentiality in the case involving National Feedlot Corporation (NFCorp) and four others. A three-member bench led by Chief Judge of Malaya Datuk Seri Hasnah Mohammed Hashim, in a unanimous decision today, dismissed the bank's appeal to overturn the appellate court's Aug 2023 ruling. Sitting with her were Chief Judge of Sabah and Sarawak Tan Sri Abdul Rahman Sebli and Federal Court judge Datuk Abu Bakar Jais. The panel also ordered Public Bank to pay RM300,000 in legal costs. However, Justice Hasnah fixed this June 18 to deliver the court's decision on the quantum of damages, saying the court requires time to consider relevant documents. In today's proceeding, lawyer Tan Sri Muhammad Shafee Abdullah, representing NFCorp and four others, submitted that his clients were seeking RM60 million in general damages and RM250 million each in aggravated and exemplary damages. In dismissing the bank's appeal, Justice Hasnah ruled that common law did not apply in this case. NFCorp and four others sued the bank in 2012 over the leakage of their banking details. The High Court dismissed the lawsuit in 2019, but the appellate court reversed the decision after allowing their (NFCorp and four others) appeals. However, the Court of Appeal held that since NFCorp and the four others succeeded in proving liability, but failed to prove damages, the court decided to award a sum of RM10,000 in nominal damages. In the suit, NFCorp and four others claimed the bank breached confidentiality by allowing details of their banking transactions to be revealed by the then PKR vice-president Rafizi Ramli. They also claimed their business reputation and credibility suffered irreparable loss and damage as a result of the breach under the Banking and Financial Institutions Act. In today's proceeding, lawyer Chan Kok Keong, representing the bank, argued that only nominal damages should be awarded to NFCorp and four others as there was no credible evidence to prove the losses and damages suffered by them (NFCorp and four others).

Public Bank loses final appeal over breach of confidentiality in NFCORP case
Public Bank loses final appeal over breach of confidentiality in NFCORP case

The Sun

time26-05-2025

  • Business
  • The Sun

Public Bank loses final appeal over breach of confidentiality in NFCORP case

PUTRAJAYA: The Federal Court here today upheld the decision of the Court of Appeal which found Public Bank Berhad liable for breach of confidentiality in the case involving National Feedlot Corporation (NFCorp) and four others. A three-member bench led by Chief Judge of Malaya Datuk Seri Hasnah Mohammed Hashim, in a unanimous decision today, dismissed the bank's appeal to overturn the appellate court's Aug 2023 ruling. Sitting with her were Chief Judge of Sabah and Sarawak Tan Sri Abdul Rahman Sebli and Federal Court judge Datuk Abu Bakar Jais. The panel also ordered Public Bank to pay RM300,000 in legal costs. However, Justice Hasnah fixed this June 18 to deliver the court's decision on the quantum of damages, saying the court requires time to consider relevant documents. In today's proceeding, lawyer Tan Sri Muhammad Shafee Abdullah, representing NFCorp and four others, submitted that his clients were seeking RM60 million in general damages and RM250 million each in aggravated and exemplary damages. In dismissing the bank's appeal, Justice Hasnah ruled that common law did not apply in this case. NFCorp and four others sued the bank in 2012 over the leakage of their banking details. The High Court dismissed the lawsuit in 2019, but the appellate court reversed the decision after allowing their (NFCorp and four others) appeals. However, the Court of Appeal held that since NFCorp and the four others succeeded in proving liability, but failed to prove damages, the court decided to award a sum of RM10,000 in nominal damages. In the suit, NFCorp and four others claimed the bank breached confidentiality by allowing details of their banking transactions to be revealed by the then PKR vice-president Rafizi Ramli. They also claimed their business reputation and credibility suffered irreparable loss and damage as a result of the breach under the Banking and Financial Institutions Act. In today's proceeding, lawyer Chan Kok Keong, representing the bank, argued that only nominal damages should be awarded to NFCorp and four others as there was no credible evidence to prove the losses and damages suffered by them (NFCorp and four others).

Public Bank loses final bid to dismiss RM560mil NFCorp lawsuit
Public Bank loses final bid to dismiss RM560mil NFCorp lawsuit

New Straits Times

time26-05-2025

  • Business
  • New Straits Times

Public Bank loses final bid to dismiss RM560mil NFCorp lawsuit

PUTRAJAYA: Public Bank Bhd has failed in its final attempt to set aside a RM560 million lawsuit filed by the National Feedlot Corporation (NFCorp) over an alleged breach of contract involving the protection of confidential bank account information. The Federal Court three-member bench led by Chief Judge of Malaya Datuk Seri Hasnah Mohammed Hashim in a unanimous decision today dismissed the bank's appeal to overturn the Court of Appeal's decision in allowing the suit in August 2023. The apex court also allowed NFC's cross-appeal, granting it the right to pursue exemplary and aggravated damages in its claim against the bank. On May 22, 2012, NFCorp, its chairman Datuk Mohamad Salleh Ismail, and the three subsidiary companies filed the suit against Public Bank over breach of contract to protect their bank account confidentiality. The appellants claimed that the leaked bank account information was used by the then PKR vice president Rafizi Ramli to bolster allegations that the plaintiffs leveraged a government loan to purchase eight KL Eco City properties.

AG Gets Leave To Appeal Over Najib's Additional Document
AG Gets Leave To Appeal Over Najib's Additional Document

Barnama

time28-04-2025

  • Politics
  • Barnama

AG Gets Leave To Appeal Over Najib's Additional Document

PUTRAJAYA, April 28 (Bernama) -- The Federal Court here today granted leave to the Attorney-General (AG) to appeal against the existence of an additional document in the case involving former Prime Minister Datuk Seri Najib Tun Razak. A three-judge panel led by Chief Judge of Malaya Datuk Seri Hasnah Mohammed Hashim, in a unanimous decision, said the proposed questions raised by the AG had met the threshold requirements for leave to be granted under Section 96 Courts of Judicature Act (CJA) 1964. The Apex Court set July 1 and 2 to hear the appeal.

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