Global Royalty moves to trace Rosmah’s assets to recover RM67.46m jewellery judgment
A LEBANESE jewellery company is identifying and tracing assets belonging to Datin Seri Rosmah Mansor to enforce a court judgment ordering her to pay RM67.46 million over the loss of 43 pieces of jewellery. Lawyer Datuk David Gurupatham, representing ...
KUALA LUMPUR — Datin Seri Rosmah Mansor has declared that any attempt by Lebanese jewellery company Global Royalty Trading SAL to enforce a RM67.5 million judgment against her is premature, as her appeal is yet to be heard. Her legal team, Messrs Reza Rahim & Rajivan, explained that the Court of Appeal has scheduled a hearing for her appeal against the High Court’s decision on 25 March next year.
According to the statement from their lawyers, Rosmah's client has consistently maintained that the claim made by Global Royalty against her is unsubstantiated and lacks any factual or legal basis. This comment follows Global Royalty's decision to proceed with enforcement, after Rosmah missed the deadline to deposit RM67,461,027.37 into a stakeholder account.
The Court of Appeal dismissed Rosmah's application for an unconditional stay of execution on September 23, but granted a conditional stay, mandating the deposit of the judgment amount within one month.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
