Rosmah must secure RM67.5m or face enforcement, says Global Royalty
KUALA LUMPUR: Lebanese jewellery company Global Royalty Trading SAL says its RM67.5 million judgment against Datin Seri Rosmah Mansor remains protected whether she complies with the High Court's condition for a stay pending her appeal or not.
The Lebanese jewellery company Global Royalty Trading SAL has a RM67.5 million judgment against Datin Seri Rosmah Mansor, the wife of former prime minister Najib Razak. The High Court granted Rosmah a conditional stay of execution on the judgment, pending her appeal at the Court of Appeal. However, Global Royalty's lawyer, Datuk David Gurupatham, says Rosmah must deposit the full judgment sum into a joint stakeholder account within 30 days to maintain the stay.
If she fails to do so, Global Royalty can proceed with the enforcement of the judgment, including against assets identified in the documents Rosmah submitted in support of her stay application. The value of the assets Rosmah claimed to own was around RM666.739 million.
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