Deepak to sue Rosmah, government for RM3b over business losses

(TMI) – Carpet dealer Deepak Jaikishan will file a RM3 billion lawsuit against Datin Seri Rosmah Mansor and the federal government next week in a bid to reclaim losses suffered from a series of business projects that have soured.

Deepak (picture) revealed his legal action plan in an interview with a news portal that was also uploaded to YouTube yesterday, a move that could hurt Prime Minister Datuk Seri Najib Razak and his ruling Barisan Nasional (BN) coalition’s chances in Election 2013.

He told The Malaysian Insider today that his lawyer, Sivarasa Rasiah, would provide more details on Monday.

“We are launching a legal case against Datin Seri and the government of Malaysia,” he said in the nine-minute clip, referring to Rosmah.

The businessman was recently tangled in another court suit with Senator Datuk Raja Ropiaah Abdullah’s firm, Awan Megah (M) Sdn Bhd, which he had accused of cheating him out of millions of ringgit in a land deal.

Deepak’s Astacanggih Sdn Bhd had agreed to buy three parcels of land in 2007 for RM13 million and a RM72 million bank guarantee for a land bond from Raja Ropiaah, who was awarded a RM100 million privatisation deal for the development of the defence research centre called Pusat Pengajian Pertahanan Nasional (Puspahanas).

The land was supposed to be placed in a special purpose company called Cebur Megah as government rules does not allow land in privatised projects to be sold by the winning party. The land is still in government hands as the defence project has yet to take off.

The Selangor Wanita Umno chief had allegedly sold one parcel for RM2 million in cash and a RM16 million overdraft facility in a “joint venture” with Guppyunip Sdn Bhd, a company specialising in plasticware, prompting the carpet dealer to put a caveat on the land in Bukit Raja and lodge a police report last July.