Court to hear claim by JJ’s mum on RM1.3b estate on Aug 13

TheEdge Tue, Apr 23, 2019 10:54am - 4 years View Original


KUALA LUMPUR: Aminah Abdullah, the mother of the late second finance minister, Datuk Seri Jamaludin Jarjis, will have her day in court from Aug 13 to 17, and Sept 10 to 12, to stake her claim on RM1.3 billion of his estate in the form of company shares.

Aminah, 84, who is wheelchair-bound, had filed her claim last January, following discovery that her two grandchildren owned shares in three companies, namely Rantai Wawasan Sdn Bhd, Alpime Motion Sdn Bhd and Ivory Insights Sdn Bhd, said to be worth the huge amount.

The date was fixed by High Court judge Justice Datuk Mohd Firuz Jaffril when the case came up for case management yesterday.

Justice Firuz also fixed May 3 to hear an application by the two grandchildren Nur Anis Jamaludin and Ikwan Hafiz Jamaluddin for permission to amend their statement of defence regarding the claim.

Nur Anis and Ikwan Hafiz’s lawyers, Chew Chang Min and Frank Wong, told the court that they intend to amend their clients’ defence.

The matter was disclosed by Aminah’s lawyer Pawancheek Merican to The Edge Financial Daily yesterday.

Aminah is asking the court to declare that she is Jamaluddin’s lawful mother, and hence a beneficiary of his estate and has an interest in the shares namely:

•  three million Rantai Wawasan shares worth RM1.044 billion;

•  six million Alpine Motion shares worth RM233 million; and,

•  two Ivory Insights shares worth RM80 million.

She is claiming one sixth of the value of the shares from the estate according to the Islamic faraid system of estate distribution.

In her statement of claim in the civil proceedings, Aminah said Rantai Wawasan is a management consultancy company which was formed in 1982, where in the 1990s, it was part of a three-member consortium to privatise Lembaga Kemajuan Tenggara.

The second company, Alpine Motion, is listed as an investment holding company formed in 2013, while Ivory Insights is another investment holding company.

Aminah in her statement of claim alleged that her late son was engaged in business when he set up an engineering consultancy firm J and A Associates and sometime in 1986, her son had taken ownership of EPE Power Sdn Bhd, which manufactures electrical and power equipment switch gears.

She further claimed that her two grandchildren had obtained letters of administration from Jamaluddin’s estate two years ago.

 Apart from the action in the civil court, Aminah filed a separate faraid claim last year at the Syariah High Court to get one sixth of her portion of her son’s RM2.1 billion estate. Besides the shares mentioned above, Jamaluddin is said to own properties in Mecca, US,  Klang Valley and Pahang.

Jamaluddin, formerly science, technology and innovation minister and ambassador to the US,  died in a helicopter crash along with former premier Datuk Seri Najib Razak’s principal private secretary in April 2015.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

IVORY 0.070

Comments

Login to comment.