As reported by Malay Mail, Former Prime Minister of Malaysia Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor were served with a suit courtesy of carpet dealer Deepak Jaikishan for RM676 million, as well as millions of RM in damages.
Jaikishan filed suit against both the couple and two companies for allegedly conspiring against him in a land sale of three parcels near Bukit Raja, Klang. The lawsuit was served to all involved on Oct 16.
Back in 2005, the land in question was offered to Astacanggih Sdn Bhd, a company where Jaikishan is a majority shareholder, for RM118.57 million. Two years later, an acquisition agreement was supposedly made.
However, Jaikishan claims in 2010 that seller Awan Megah attempted to sell the land to GuppyUnip Sdn Bhd. Jaikishan, at the time, sued Awan Megah but said authorities pressured him to drop his suit, which reportedly resulted in losses on his end.
The Former Prime Minister and his wife, according to Jaikishan, also went after Astacanggih Sdn Bhd. They allegedly did this through the subsidiary of Lembaga Tabung Angkatan Tentera (LTAT) Bakti Wira.
In total, Jaikishan is seeking the return of his shares of Astacanggih Sdn Bhd; RM600 million in general damages; RM50 million in exemplary damages; and RM26 million in aggravated damages.
This latest suit isn’t only just a small part of Razak’s and Mansor’s legal troubles but isn’t the only ongoing suit between the couple and Jaikishan. Rajesh Jaikishan, Deepak’s brother, and their company Radiant Splendour Sdn Bhd are suing Razak and Mansor for RM52.6 million.
The Jaikishans claim that after being forced to take out a RM198 million loan on behalf of Razak and Mansor from Bank Rakyat in 2008, they were then forced to settle with Bank Rakyat in 2013 for a failure to service the loan.
Additionally named in the suit is the Former Prime Minister’s brother Datuk Ahmad Johari Razak; former chairman of Tabung Haji, a pilgrims fund board, Datuk Seri Abdul Azeez Abdul Rahim; and chairman of Bank Rakyat Tan Sri Shukry Mohd Salleh.
This suit was filed on Sept 12 and seeks RM10 million from each of the defendants, as well as RM2.6 million in damages.