What is the core dispute in the RM30 million investment debt suit?

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The core dispute centres on Datuk Seri Aliff Syukri Kamaruzaman's claim of an unreturned RM30 million investment.

The central disagreement in the RM30 million investment debt lawsuit pertains to Datuk Seri Aliff Syukri Kamaruzaman's assertion that he invested RM30 million as part of a joint venture agreement, and that this sum has not been returned. This claim forms the basis of his defence in the legal proceedings initiated by Tan Sri Abdul Kadir Sheikh Fadzir.
Aliff Syukri's Investment Claim

Aliff Syukri has stated that he invested RM30 million under a joint venture agreement dated November 26, 2018. This agreement involved both parties and two companies. He contends that the invested sum was never repaid to him.
Allegations of Defamation

The legal action was initially brought by Tan Sri Abdul Kadir Sheikh Fadzir, who alleged that Aliff Syukri made defamatory statements against him on social media platforms. These statements, posted on Instagram and Facebook on July 2, 2023, implied that Abdul Kadir owed Aliff Syukri millions. Abdul Kadir, an 86-year-old veteran politician, felt these posts attracted negative comments and damaged his reputation.
Court Rulings and Appeals

On April 29, the High Court ordered Aliff Syukri to pay RM250,000 to Abdul Kadir, allowing the suit filed by the latter. The court also prohibited Aliff Syukri from publishing further defamatory statements and mandated the removal of existing defamatory social media posts within seven days. Furthermore, Aliff Syukri was ordered to pay RM50,000 in costs. However, on August 17, the High Court allowed Aliff Syukri's application to defer his apology and expungement of orders pending a Court of Appeal hearing. The court also ordered that RM250,000 be deposited with Abdul Kadir’s lawyer as a stakeholder. Aliff Syukri's application to stay the order preventing him from publishing further defamatory statements was, however, rejected.

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What is the core dispute in the RM30 million investment debt suit?

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