May 28 2025, 09:39 AM
QUOTE(g5sim @ May 28 2025, 12:49 AM)
Public Bank got sued by Lembu Kondo and four others claimed the bank breached confidentiality by allowing details of their banking transactions to be revealed by the then PKR vice-president Rafizi Ramli (now Economy Minister).
They also claimed their business reputation and credibility suffered irreparable loss and damage as a result of the breach under the Banking and Financial Institutions Act.
Kondo lembu is said to be seeking RM60 million in general damages and RM250 million each in aggravated and exemplary damages.
and Najib mouth piece LSS in a FB post said that Public Bank may sue staffs who provided transactions information Rafizi and Rafizi to illegally obtained the information from PB
https://www.malaymail.com/news/malaysia/202...idiaries/178241
Public Bank loses final appeal in data leak case involving NFCorp, subsidiaries
PUTRAJAYA, May 26 — The Federal Court here today upheld the decision of the Court of Appeal which found Public Bank Berhad liable for breach of confidentiality in the case involving National Feedlot Corporation (NFCorp) and four others.
A three-member bench led by Chief Judge of Malaya Datuk Seri Hasnah Mohammed Hashim, in a unanimous decision today, dismissed the bank’s appeal to overturn the appellate court’s Aug 2023 ruling.
However, the Court of Appeal held that since NFCorp and the four others succeeded in proving liability, but failed to prove damages, the court decided to award a sum of RM10,000 in nominal damages.
In the suit, NFCorp and four others claimed the bank breached confidentiality by allowing details of their banking transactions to be revealed by the then PKR vice-president Rafizi Ramli (now Economy Minister).
They also claimed their business reputation and credibility suffered irreparable loss and damage as a result of the breach under the Banking and Financial Institutions Act.
In today’s proceeding, lawyer Chan Kok Keong, representing the bank, argued that only nominal damages should be awarded to NFCorp and four others as there was no credible evidence to prove the losses and damages suffered by them (NFCorp and four others). — Bernama
LSS FB post
Dulu, NFCorp diserang habis-habisan. Dituduh salah guna dana, dikaitkan dengan kondominium mewah, ternak lembu dalam kondo dan dijadikan simbol kegagalan dan rasuah - semua semata-mata untuk menjatuhkan kerajaan BN masa Najib.
Tapi sekarang, apa yang berlaku?
- Mahkamah Tinggi telah melepaskan dan membebaskan pemilik NFC, Datuk Seri Mohamad Salleh dan tiga anaknya daripada semua tuntutan sivil kerajaan.
the details of the case and the narrative presented are completely different.They also claimed their business reputation and credibility suffered irreparable loss and damage as a result of the breach under the Banking and Financial Institutions Act.
Kondo lembu is said to be seeking RM60 million in general damages and RM250 million each in aggravated and exemplary damages.
and Najib mouth piece LSS in a FB post said that Public Bank may sue staffs who provided transactions information Rafizi and Rafizi to illegally obtained the information from PB
https://www.malaymail.com/news/malaysia/202...idiaries/178241
Public Bank loses final appeal in data leak case involving NFCorp, subsidiaries
PUTRAJAYA, May 26 — The Federal Court here today upheld the decision of the Court of Appeal which found Public Bank Berhad liable for breach of confidentiality in the case involving National Feedlot Corporation (NFCorp) and four others.
A three-member bench led by Chief Judge of Malaya Datuk Seri Hasnah Mohammed Hashim, in a unanimous decision today, dismissed the bank’s appeal to overturn the appellate court’s Aug 2023 ruling.
» Click to show Spoiler - click again to hide... «
However, the Court of Appeal held that since NFCorp and the four others succeeded in proving liability, but failed to prove damages, the court decided to award a sum of RM10,000 in nominal damages.
In the suit, NFCorp and four others claimed the bank breached confidentiality by allowing details of their banking transactions to be revealed by the then PKR vice-president Rafizi Ramli (now Economy Minister).
They also claimed their business reputation and credibility suffered irreparable loss and damage as a result of the breach under the Banking and Financial Institutions Act.
In today’s proceeding, lawyer Chan Kok Keong, representing the bank, argued that only nominal damages should be awarded to NFCorp and four others as there was no credible evidence to prove the losses and damages suffered by them (NFCorp and four others). — Bernama
LSS FB post
Dulu, NFCorp diserang habis-habisan. Dituduh salah guna dana, dikaitkan dengan kondominium mewah, ternak lembu dalam kondo dan dijadikan simbol kegagalan dan rasuah - semua semata-mata untuk menjatuhkan kerajaan BN masa Najib.
Tapi sekarang, apa yang berlaku?
- Mahkamah Tinggi telah melepaskan dan membebaskan pemilik NFC, Datuk Seri Mohamad Salleh dan tiga anaknya daripada semua tuntutan sivil kerajaan.
» Click to show Spoiler - click again to hide... «
the court agreed that public bank is liable for the information breach but not for the losses so in the end, they only need to pay rm10k.
most likely, they are not liable for the losses because NFC's reputation hit wasnt due to the leak in transaction information but due instead because of their own pecah amanah dan penyelewengan which became evident due to the leak in information.
only bodoh people would look at this news and think rafizi is getting sued for lying and nfc did nothing wrong.
rafizi is guilty of obtaining factual records of NFC penyelewengan.
the fact that the bank is getting sued for leaking the transaction information proves beyond doubt that NFC was guilty of penyelewengan.
i cannot brain how somebody would be fuking stupid enough to look at this news and think NFC tak bersalah.
This post has been edited by homicidal85: May 28 2025, 09:40 AM
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