Barakah Petroleum Files Suit Against Petronas, Former And Current CEO

Barakah Petroleum had on 30 September 2022 filed a Writ of Summons and Statement of Claim against national oil giant Petronas and its directors Tan Sri Wan Zulkiflee Bin Wan Arifin, Datuk Tengku Muhammad Taufik Bin Tengku Kamadjaya Aziz, Tuan Haji Shamsudin Bin Miskon, Nasrin Bin Amir, Noor Mohamad Bin Taj, Freida Binti Amat, Liza Binti Mustapha, and Shaliza Binti Abdul Malik as Defendants.

In a filing with Bursa, the action it said is for misfeasance in public office and unlawful interference in trade or business by reason of the Defendants’ wrongful issue and maintenance of an indefinite Suspension Notice issued by the 1st Defendant Petronas on 8 July 2019 against the company’s wholly-owned subsidiary, PBJV Group Sdn Bhd.

Barakah has also taken a case against the directors as they are public officers carrying out duties and responsibilities in Petronas and have claimed it to be a statutory corporation and they authorised, directed, and endorsed the issuance and the continued maintenance of the Suspension Notice.

The company is seeking a mandatory injunction for the suspension Notice to be lifted, damages for misfeasance in public office, damages for unlawful interference in trade or business, together with interest, costs, and such other relief that the Honourable Court may grant.

Both Barakah and PBJV have when the Writ and Statement of Claim above were filed, withdrawn their Notice of Appeal in the Court of Appeal filed on 8 April 2022 against the dismissal of the claim which they had both previously filed in Kuala Lumpur High Court Civil Suit.

The Company said it will make further announcements on any material development in the above action as and when necessary.

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