KUALA LUMPUR (May 20): The High Court has ordered former Mara Corp chief executive officer (CEO) Datuk Badlisyah Abdul Ghani to pay the firm RM3.4 million after finding him guilty for breach of duty during his three-month term with the company, which is the investment and commercial arm of Majlis Amanah Rakyat.

High Court Judge Datuk Mohd Arief Emran Arifin also ordered Badlisyah to indemnify Mara Corp for all expenses incurred and to be incurred if any liability is imposed on Mara Corp from a lawsuit filed by 10 former employees of the company for unlawful termination.

The judge also awarded costs of RM80,000 to the company, to be paid by Badlisyah.

Mara Corp filed the suit in May 2021 against Badlisyah for alleged breaches of duty during his three-month tenure.

Badlisyah, who is also the former deputy CEO of Lembaga Tabung Haji, was appointed as Mara Corp CEO in September 2020 but put on garden leave two months later, before being dismissed in January 2021.

Mara Corp claimed that Badlisyah had committed several breaches of duties, all without approval from the board of directors, including appointing new employees whose employment was later terminated by the company. Those dismissed subsequently filed the unlawful termination lawsuit against Mara Corp.

Mara Corp was represented by Hoi Jack S'ng, Chng Keng Lung, Teo Kah Min and Shaleni R Anpualagan, while Badlisyah was represented by Sharanya Visualingam and Aida Liyana.

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