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Tycoon Halim Saad fails in suit against Dr Mahathir, two others

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Former prime minister Tun Dr Mahathir Mohamad and two others succeeded in their bid to strike out tycoon Tan Sri Halim Saad's suit against them over losses he allegedly suffered after the acquisition of Renong Bhd and United Engineers Malaysia Bhd (UEM) shares by the government 23 years ago.

High Court judicial commissioner (JC) Dr Suzana Muhamad Said allowed the application of Dr Mahathir, former finance minister II Tan Sri Nor Mohamed Yakcop and the government, ruling that there was a basis of limitation of time.

Halim, former executive chairman and director of Renong, filed the suit against the trio on Aug 2 last year.

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