Sime Darby loss-making ventures were public knowledge to even top government leaders

Sime’s ex-CEO’s case to open a can of worms

March 14, 2011

KUALA LUMPUR, March 14 — Sime Darby Bhd’s RM338 million lawsuit against its disgraced chief executive Datuk Seri Ahmad Zubir Murshid and four others is expected to be a major exercise of washing dirty linen, with top government officials called to testify about their knowledge of the conglomerate’s operations.
The Malaysian Insider understands that the defendants are going to call Prime Minister Datuk Seri Najib Razak and his two predecessors, Tun Abdullah Ahmad Badawi and Tun Dr Mahathir Mohamad over the suit filed last December.
The suit over RM2.1 billion losses incurred by Sime had named Zubir and four others, Datuk Mohamad Shukri Baharom, the former executive vice-president of the energy and utilities division; the division’s chief financial officer Abdul Rahim Ismail; the division’s oil and gas unit chief Abdul Kadir Alias; and Mohd Zaki Othman, from Sime Engineering.
The defendants are expected to claim that the conglomerate’s loss-making ventures in Bakun and Qatar were public knowledge to even top government leaders.

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