Sapura will furnish documents on ex-CEO’s salary, says lawyer

Sapura will furnish documents on ex-CEO’s salary, says lawyer

This follows a consent order recorded in the High Court by lawyers representing Sapura Energy Bhd and economy minister Rafizi Ramli.

Shahril Shamsuddin (left) is suing economy minister Rafizi Ramli for defamation in statements made concerning the quantum of remuneration the former Sapura Energy CEO drew from the company.
KUALA LUMPUR:
Sapura Energy Bhd has agreed to furnish Rafizi Ramli with certain documents pertaining to former CEO Shahril Shamsuddin’s salary and allowances in connection with a lawsuit brought by Shahril against the economy minister.

This follows a consent order recorded by the legal teams of both Sapura Energy and Rafizi before Justice Nik Hasmat Nik Mohamad in the High Court here today.

“Sapura has reached a consensus with Rafizi to furnish certain documents as agreed between both parties,” Rafizi’s lawyer, Navpreet Singh, told reporters following court proceedings conducted online this morning.

Nik Hasmat was presiding over a case management of Sapura Energy’s appeal from an order made by the sessions court in April allowing Rafizi’s application for the production of documents relating to the salary and allowances paid to Shahril.

The lower court had held that the documents sought by Rafizi were relevant to the issues for determination in the defamation case brought by Shahril.

Following today’s consent order, Nik Hasmat vacated the Aug 5 hearing date previously fixed to hear the appeal.

The lawsuit is fixed for case management in the sessions court on Aug 19.

Shahril filed the suit in May 2022 claiming that Rafizi had libelled him in statements made concerning Shahril’s remuneration.

Rafizi had claimed 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 alleged that the majority shareholders had received triple the sum of RM440 million which the company paid out to its remaining shareholders in dividends.

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

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