KUALA LUMPUR: Puncak Niaga Holdings Bhd has filed a suit against the Selangor government as well as the previous and current Menteri Besar, claiming up to RM3.91 billion for forcing a takeover of the state’s water industry.
Puncak Niaga also claimed damages, interest on damages and costs of loss of local and foreign business opportunities totalling RM13.49 billion.
In a filing to Bursa Malaysia yesterday, Puncak Niaga said it had served the sealed writ of summons against the state government, Tan Sri Abdul Khalid Ibrahim and Datuk Seri Mohamed Azmin Ali for abusing their powers in public office/misfeasance by threatening to cause and/or requesting or attempting to cause the federal government to invoke use of the Water Services Industry Act 2006 (WSIA) to force a take-over of the state’s water industry.
It said the matter is fixed for case management at the Shah Alam High Court on November 28, 2017.