Ambank founder’s son bids for estate admin order
The sole heir to the Ambank Group founder, who was gunned down last year, has filed an application for an order to be appointed the administrator of his father’s estate.
The sole heir to the Ambank Group founder, who was gunned down last year, has filed an application for an order to be appointed the administrator of his father’s estate.
Pascal Ahmad Najadi, 47, the chairperson and chief executive officer of a financial advisory firm, filed the originating summons at the High Court Registrar’s office in Kuala Lumpur on Dec 5 last year.
The media obtained a copy of the document yesterday when the case was mentioned before Judicial Commissioner Vazeer Alam Mydin Meera, with Pascal’s lawyer Dharmesh Singh Penesar in attendance.
The court set May 23 to hear the application.
Pascal filed the application on the grounds that there were no rights prior to or any minority rights which arose from his father’s intestate death.
On Oct 9 last year, Pascal inherited his father’s assets worth RM1.8 million after the Syariah High Court in Kuala Lumpur allowed his ‘faraid’ application for the same.
The properties included RM321,195.70 in cash as well as assets and shares in a Labuan company worth RM1.5 million.
- Bernama


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