PETALING JAYA: Sapura Energy Bhd has filed an appeal to the high court over the sessions court’s decision last month allowing economy minister Rafizi Ramli to obtain documents related to the salary and allowances paid to former Sapura Energy CEO Shahril Shamsuddin.



The appeal came up for case management before High Court senior assistant registrar Idamasliza Maarof today, according to The Edge.

Shahril had filed a defamation suit against Rafizi over statements he allegedly made that were published in three articles via his social media accounts.

In the lawsuit filed in May 2022, Shahril claimed Rafizi had made libellous statements concerning his remuneration.


Sapura Energy filed the notice of appeal, dated April 25, against the decision by the sessions court to allow the third-party discovery application by Rafizi, who is also PKR deputy president and MP for Pandan.

The company took the legal action after the sessions court judge fixed May 15 for parties to update the court on their adherence to its decision.

Rafizi’s statements were made in reaction to former prime minister Najib Razak asking the government to save Sapura Energy by injecting more funds into the ailing oil and gas group.

Shahril had taken offence to a claim by Rafizi that Sapura Energy’s majority shareholders, led by Shahril, had taken out a total of RM1.33 billion, made up of RM1.1 billion in salaries and the remainder in other payments and dividends.

Rafizi had claimed this was triple the sum of RM440 million which the company paid out to the remaining shareholders in dividends.

Shahril had denied the allegations, with his lawyers stating that it was publicly known that his total remuneration between 2013 and 2021 was RM486.25 million.

In his defence, Rafizi claimed he was justified in raising the matter, and that Shahril’s remuneration when he served as the CEO did not commensurate with the company’s financial performance.

SOS

Salary rezeki saya, jgn persoal

If nothing to hide, why file the appeal?

Sapura?

PUIK, USELESS COMPANY

Cos got many things to hide?

Why cannot reveal? No fishy?

Company not performing well, CEO took billions.

Something not right somewhere, I think

Mahathir gold midas company.
Let it rot

Sapura. The most filfty rich CEO pocketed so much salary + dividend but most underperformed company in Malaysia.

tak pe, tak da revenue? cut cost cut employment, tapi tambah salary aku!!!!!!!!!!!!!

Sapura and SerbaDK. Rubbish bumiputera companies.

serbuk D is actually owned by chinese mualaf.

Will they blame shoplot auditor if revealed shit happened?

Same like the other list company?
And SE don't have people like Cecile Jaclyn Thai to protest?

When it was started it was bumi based. Then only this mualaf enter. Generally still a bumi company. Useless.

lol......Tun M proxy....kalau tak songlap bukan M..lol

Employee turnover rate are high, even those already senior will jump when get a chance some where else

The company with Thanos campur tangan u know la

CEO's sa;lary should commensurate with company's performance. Only in bumi companies are they paid blindly just to sit there.

Mahathir cronies all Mamak faces