What were the specific misrepresentations made to the BNRC regarding the four employees?

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Court of Appeal Upholds RM3.4 Million Payment Order Against Former MARA Corporation CEO

The Court of Appeal has affirmed a High Court decision requiring former MARA Corporation CEO Datuk Badlisyah Abdul Ghani to pay RM3.4 million to the company. This ruling stems from findings that Badlisyah breached his contractual, fiduciary, and statutory duties during his tenure. His appeal against the High Court's order was dismissed by a three-man bench, upholding the original judgment.
Breach of Duties Confirmed

The appellate court found no grounds to interfere with the High Court's evaluation of evidence, which supported MARA Corporation's claim. Justice Ahmad Kamal, delivering the grounds of judgment, stated that Badlisyah failed to act in the company's best interests. This failure was evidenced by his conduct, particularly concerning the hiring of 25 employees without Board of Directors (BOD) approval.
Suspect Hiring Practices

A significant point of contention was the rapid hiring of 25 employees within two weeks of Badlisyah's appointment on September 8, 2020. The court viewed the timing, haste, and secretive nature of these hires as raising serious concerns. These actions were deemed outside the reasonable scope of conducting MARA Corporation's business in good faith.
Financial Impact and Legal Costs

The High Court had previously ordered Badlisyah to pay RM2,728,673.82 and RM739,541.60 to MARA Corporation. Additionally, he was ordered to indemnify the company against expenses related to industrial relations actions involving former employees. The Court of Appeal also imposed RM50,000 in costs on Badlisyah for his failed appeal. Badlisyah's tenure as CEO was brief, from September 8, 2020, to his suspension on November 19, 2020.

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What were the specific misrepresentations made to the BNRC regarding the four employees?

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