HIGH COURT (KUALA LUMPUR)
ATAN MUSTAFFA YUSSOF AHMAD J
GUAMAN NO WA-22NCC-313-07/2018
26 December 2023
JUDGMENT
[1] When a RM400 million loan turned sour, what ensued was a complex web of litigation involving claims, counterclaims and impeachment actions between borrower and lender. Now, the borrower and guarantors seek respite from the bank’s recovery action by applying for a stay of execution of a judgment obtained against them. As allegations of fraud, deception and sabotage swirl, the court wades through the murky waters to determine if there exist “special circumstances” warranting such relief.