1MDB suit: Arul Kanda files RM56.7mil counterclaim over wrongful termination

KUALA LUMPUR: Former president and chief executive officer of 1Malaysia Development Berhad (1MDB), Arul Kanda Kandasamy (pic), has filed a counterclaim of RM56.7mil for alleged wrongful termination of his contract. Arul Kanda, as the first defendant in a lawsuit brought by 1MDB, filed the counterclaim in the High Court here on Nov 17 through Messrs Sanjay Mohan. Based...