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Businessman Tan Sri Halim Saad lost his appeal to reinstate a lawsuit against the Malaysian government, former Prime Minister Tun Dr Mahathir Mohamad, and former finance minister Tan Sri Nor Mohamed Yakcop. The lawsuit concerned alleged losses from the government's 2001 acquisition of Renong Bhd and UEM shares. The court dismissed the appeal due to time limitations based on the Limitation Act 1953 and Public Authorities Protection Act 1948. Halim was also ordered to pay RM20,000 in legal costs. This follows a similar dismissed lawsuit from 2013 with the same claims.
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