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flag Rafizi Ramli drops bankruptcy case against NFCorp’s director after amicable settlement over unpaid defamation costs.

flag Former economy minister Rafizi Ramli has dropped his legal bid to bankrupt NFCorp director Mohamad Salleh Ismail and wind up the company, following an amicable resolution before a scheduled High Court hearing. flag The case, seeking enforcement of unpaid court-ordered costs from a 2016 defamation suit, was formally discontinued on March 3 with the court striking out the proceedings. flag Though Rafizi acknowledged receiving RM300,000 in payments in December 2022, the full amount owed was not disclosed. flag The dispute stemmed from a reversed 2019 Court of Appeal ruling that awarded Rafizi additional costs, later upheld by the Federal Court in 2022. flag The settlement avoids further litigation.

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