Terengganu royal family member sues two banks over RM1.99mil loss
Tengku Ismail Tengku Ibrahim, a businessman, is seeking the recovery of the full amount from both banks.
Terengganu royal family member Tengku Ismail Tengku Ibrahim filed a civil lawsuit against two banks, alleging negligence that led to a RM1.99 million loss from his savings accounts. The 65-year-old businessman is seeking full compensation from both institutions. His legal team, Alif Danial Ahmad Shahrulnizam and Hazwan Hamidun, stated that the lawsuit is due to alleged scam activity and negligence by the banks in handling the disputed transactions.
The claim also seeks general damages for emotional distress, legal costs, and other relevant relief. The statement accompanying the writ revealed that Tengku Ismail, who never used online banking, only discovered the missing funds in January. Upon visiting the bank branches, he found the balances had dropped to RM73 and RM99. Further investigation showed suspicious withdrawals occurred between September and December of the previous year.
Tengku Ismail lodged a police report on January 15, claiming he never authorized any third party to access his accounts or approve the suspicious transactions. The lawsuit seeks to hold the banks accountable for the alleged losses and to recover the disputed funds along with damages and other relief.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Terengganu royal family member sues two banks over RM1.99mil loss freemalaysiatoday.com
