Late Malaysian billionaire Lim Goh Tong's grandson seeks to remove administrators in Genting family will dispute

In a dispute over the estate of the late Malaysian billionaire Lim Siew Kim, her grandson Marcus is seeking to remove the administrators overseeing her assets, according to court proceedings reported by The Edge Malaysia. The administrators, Satharuban Sivasubramaniam and Khoo Siew Kiat, are accused of paying lawyers over RM2 million without court approval, with RM1.4 million allegedly paid in 2024 despite a court order to have such payments scrutinized.

Marcus claims the administrators have breached court orders and mishandled the estate funds, including making individual disbursements instead of using the designated trust account. He also alleges they interfered in the management of companies tied to the estate and nearly caused it to pay RM4.73 million in assessments for a firm called Prominview, which he asserts should have been covered by a joint venture partner.

Marcus was awarded an ad interim injunction in January to halt the administrators' actions pending a resolution to his removal application. Siew Kim was the youngest daughter of Genting's founder, Goh Tong, who was Malaysia's third-richest man in 2007. She died of cancer in July 2022, leaving Marcus as the intended beneficiary of 30% of her estate, along with three other daughters.

The dispute also involves two of Siew Kim's daughters, who filed a lawsuit to have her will invalidated, citing discrepancies between it and earlier versions.