What risk does Lim face if he cannot pay the court order?

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Lim Faces Bankruptcy and MP Disqualification if Court Order is Not Met

Kepong MP Lim Lip Eng faces the risk of bankruptcy and disqualification as a Member of Parliament if he is unable to pay the court-ordered RM2.25 million. This significant sum was ordered by the High Court as compensation and legal costs in a defamation lawsuit brought against him by local company MonSpace (M) Sdn Bhd and its founder Datuk Seri Jessy Lai. Lim had initiated a crowdfunding effort to meet this financial obligation, announcing on March 20 that the target had been reached just over three days after the campaign began.
Court-Ordered Payment for Defamation Lawsuit

The High Court mandated Lim Lip Eng to pay RM2 million in compensation and RM250,000 in legal costs to MonSpace (M) Sdn Bhd and Datuk Seri Jessy Lai. This judgment stems from remarks Lim allegedly made to the media on May 23, 2017, during a visit to MonSpace's headquarters. Lai contended that these statements implied she was dishonest, operated an illegal business, and had defrauded investors. Lim, along with Sungai Pelek assemblyman Ronnie Liu Tian Khiew, had accompanied 19 Chinese nationals who claimed to be victims of the MonSpace investment scheme to the company's premises to seek refunds or explanations.
Crowdfunding Campaign Reaches RM2.25 Million Target

Lim Lip Eng launched a public fundraising campaign on Facebook last Friday to gather the RM2.25 million required for the defamation lawsuit settlement. He announced on March 20 that the donation goal had been successfully met, expressing gratitude to his supporters for their generosity. A licensed auditor is to be appointed to oversee the transparency and accountability of the collected donations. The funds were channelled to the client's account of the law firm representing Lim.
Appeal Filed Against High Court Decision

Despite the successful crowdfunding, Lim has filed an appeal against the High Court's decision. His lawyer, Guok Ngek Seong, confirmed that the appeal was lodged against the High Court's ruling, and preparations are underway to apply for a stay order. This stay order would suspend the High Court's judgment until the Court of Appeal makes a determination on the appeal. Lim had previously stated his intention to donate the entire sum to charitable and educational bodies should his appeal succeed and the funds be returned.

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What risk does Lim face if he cannot pay the court order?

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