KUALA LUMPUR: Fashion designer Datuk Jovian Mandagie has been declared bankrupt by the High Court here over his failure to settle a RM5mil friendly loan to a company.
Senior assistant registrar Muhammad Faisal Zulkifli issued the order against the former son-in-law of Datuk Seri Ismail Sabri Yaakob during a hearing of the creditor’s petition yesterday.
The creditors filed their petition on Nov 20, 2024.
According to documents obtained by the media, Cekap Air Sdn Bhd applied for the bankruptcy notice to be issued against Jovian, 39, after he failed to pay RM5,284,340.66, inclusive of interests, to the construction company.
The company’s lawyer, Siti Nur…