Maybank Singapore withdraws lawsuit against NFC chairperson, children

Maybank Singapore Limited has withdrawn the lawsuit against National Feedlot Corporation (NFC) chairperson Mohamad Salleh Ismail and his two children for allegedly defaulting on two housing loan facilities amounting to S$2,534,203.41 (RM7,986,959.75) for properties in Singapore.

Mohamad Salleh (above) is the husband of former women, family and community development minister Shahrizat Abdul Jalil.

Lawyer Wan Mohammad Arfan Wan Othman, representing Mohamad Salleh and his two children, Wan Shahinur Izran and Wan Izzana Fatimah Zabedah, said both parties have reached a settlement...