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Ex-Melaka CM Rahims suit for return of RM3mil investment dismissed
['V Anbalagan']
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Rahim Thamby Chik filed the suit against The Rain Maker Management Sdn Bhd and MY Premier Trustee Bhd after failing to receive the final return of his investment, amounting to RM37,500.
Two years ago, Rahim, 75, filed the suit against The Rain Maker Management Sdn Bhd and MY Premier.
Rain Maker has since been wound up and was not represented in court.
Under the terms of the agreement, he transferred the funds to MY Premier, which held the money in trust for Asia Cornerstone.
Rahim obtained the Mareva injunction against both defendants but could not proceed against Rain Maker due to the company being wound up.