Free Malaysia Today·3 min read·medium
Ex-Mara Corp CEO fails to set aside RM3.4mil order
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FMT Reporters
✦AI Summary
The Malaysian Court of Appeal has upheld a ruling requiring former Mara Corporation CEO Badlisyah Abdul Ghani to pay RM3.4 million for breach of duty. The court found that he exceeded his authority by hiring staff and appointing firms without board approval.
Badlisyah Abdul Ghani was appointed Mara Corporation CEO on Sept 8, 2020 but was suspended just two months later on Nov 19 before his contract was terminated on Jan 12, 2021. (Facebook pic)
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