Carpet dealer Deepak seeks to stop Sabbaruddin’s book from distribution


(The Malaysian Insider) – Carpet dealer Deepak Jaikishan has resurfaced to sue Tan Sri Sabbaruddin Chik for RM1.1 billion over the former Bank Rakyat chairman’s book about the bank’s loan to the businessman who once claimed to act for the prime minister’s wife.

Deepak has also filed an injunction to stop the distribution of Sabbaruddin’s book, “Exposing the Bank Rakyat and Deepak Loan Scandal”, which was launched in Kuala Lumpur last week.

“I am filing a RM1.1 billion suit on them and the statement of claim has been filed today,” the businessman said in a statement to The Malaysian Insider tonight.

According to documents made available to The Malaysian Insider, Deepak has served the writ of summons to Sabbaruddin on Monday.

In his ex-parte injunction filed on March 6, Deepak named Sabbaruddin and the book’s author, Shahbudin Husin, as the defendants. The injunction was filed by the legal firm of Leela A. Sanghrajka and Associates.

The carpet dealer had sought the injunction to stop the two from further printing, publishing, producing or distributing the book that provides Sabbaruddin’s version of events leading to him losing the bank chairman’s job last May.

His tenure was not renewed by Domestic Trade, Cooperative and Consumerism Datuk Seri Hasan Malek after he refused to approve Deepak’s loan repayment plan with 120 cheques postdated across 10 years.

Sabbarudin had said Bank Rakyat would have lost RM14.6 million – in the form of future income and late payment fees – if it had agreed to Deepak’s proposal to repay his loan through postdated cheques.

Deepak’s name hit the headlines in 2009, when he was linked to the 2006 murder of Mongolian interpreter Altantuya Shaariibuu by the late private investigator P. Balasubramiam.