JUDGMENT

Balia Yusof Wahi J:-

[1] In this suit, the plaintiff is claiming for the reliefs mentioned hereunder against the third defendant only. The plaintiff's claims against the rest of the defendants named in the suit have been disposed off and judgments have been obtained. The plaintiff brings the suit in his capacity as the public officer of the Malaysian Association of Travel and Tour Agents (MATTA), a society duly formed under s. 7 of the Societies Act 1966. The third defendant is a firm of public accountants. The reliefs sought by the plaintiff against the third defendant are as follows:-

(i) judgment for the sum of RM2,952,415.61;

(ii) further or in the alternative; damages to be assessed;

(iii) interest thereon at the rate 8% per annum from the date of judgment to the date of full settlement;

(iv) costs on a solicitor-client basis;

(v) such other or further orders as this Honourable Court thinks fit.

The Evidence

[2] The claim of the plaintiff against the third defendant is premised on the negligence of the third defendant in carrying out the audit of the society's account for the year ending 31 December 1997. The plaintiff called its only witness who was the Pres