Lawyer says estate administrators did not enrich themselves
Pix Shahril Badri
The High Court in Malaysia heard that the administrators of late Genting heiress Lim Siew Kim's RM1.6 billion estate did not enrich themselves through legal fees paid from the estate. Lawyer B. Thangaraj, representing interim administrators Datuk S. Satharuban and Khoo Siew Kiat, explained that the payments were expenses incurred while carrying out their duties to preserve and protect the estate.
The court was told that the APLs had allegedly paid lawyers over RM2 million without approval, breaching a court order. However, Thangaraj dismissed these allegations and stated that the APLs had taken steps to protect the estate, including seeking financial documents and preventing fixed deposits from being uplifted. The matter is set to be decided on November 13.
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