Federal Court upholds ruling against Public Bank over NFCorp...

PUTRAJAYA, May 26 -- The Federal Court here today upheld the decision of the Court of Appeal which found Public Bank Berhad liable for breach of confidentiality in the case involving National Feedlot Corporation (NFCorp) and four others. A three-member bench led by Chief Judge of Malaya Datuk Seri Hasnah Mohammed Hashim, in a unanimous decision today, dismissed the bank's appeal to overturn the appellate court's Aug 2023 ruling. Sitting with her were Chief Judge of Sabah and Sarawak Tan Sri Abdul Rahman Sebli and Federal Court judge Datuk Abu Bakar Jais. The panel also ordered Public Bank to pay RM300,000 in legal costs. Meanwhile, the court allowed a cross-appeal by NFCorp, its chairman Datuk Mohamad Salleh Ismail, and three subsidiary companies - National Meat and Livestock Corporation Sdn Bhd, Agroscience Industries Sdn Bhd, and Real Food Company Sdn Bhd - to overturn the appellat...