1MDB gets go-ahead to pursue Abu Dhabi's Ipic, Aabar in UK court

1MDB gets go-ahead to pursue Abu Dhabi's Ipic, Aabar in UK court

1Mdb, London Court

5/11/2021 3:21:00 AM

1MDB gets go-ahead to pursue Abu Dhabi 's Ipic, Aabar in UK court

NEW YORK (Bloomberg): Malaysia was given the go-ahead by a London judge to continue its pursuit against Abu Dhabi ’s sovereign wealth fund for its role in the multi billion-dollar 1MDB scandal.

Judge Andrew Baker on Thursday (Nov 4) granted an extension of time for the claim to be properly served to bring this"unusual” case to a full trial."That is no doubt an exceptional length of extension to grant, but this is an exceptional case,” he said.

Such Unluckly Moment Has Never Been Seen! The Scariest Sports Accidents

1Malaysia Development Berhad was an investment fund originally intended to develop the South-East Asian nation’s economy. Instead, much of the money was allegedly embezzled by people connected to Najib and diverted for bribes.The London case is one of a series of legal and regulatory probes around the world, including the US and Malaysia, surrounding 1MDB.

Both sides are embroiled in the London legal fight in London’s courts with claims that IPIC and Aabar were complicit in the 1MDB fraud, according to court filings. If Malaysia is successful at trial, it will be able to pursue these claims further in court. headtopics.com

"This result will finally allow the commercial court to fully scrutinize important aspects of the 1MDB fraud as part of an open and transparent process,” Richard Little, a lawyer at Eversheds Sutherland who represents 1MDB and Malaysia’s finance minister, said.

RFID: Plus needs to find solution to congestion at toll plazas

Lawyers for IPIC and Aabar Investments at Clifford Chance declined to comment. - Bloomberg

Read more: The Star »

Covid-19: Transition to endemic phase to be announced within two to three weeks, says Hisham

KUALA LUMPUR: The transition from the pandemic to endemic phase of Covid-19 in Malaysia might be announced within the next two to three weeks, says Datuk Seri Hishammuddin Hussein.

Despite harassment, Rewcastle-Brown has no regret exposing 1MDB scandal‘The harassment is a sign that I’m doing the right stories.’ You are a hero... But no matter what u do all come to a naught the criminal is still on the loose and will be going to Singapore to enjoy White devil.. hahaha She is a national treasure both in Msia and UK Msians wud nvr gotten a cent bk if not for brave reporters like her 1MDB ruined Msia sarawak_report radiosarawak

In-form Pakistan seal semi-final spot with Namibia scalp | New Straits TimesNSTsports Pakistan became the first team to reach the Twenty20 WorldCup semi-finals after beating Namibia by 45 runs, with brilliant half centuries from MohammadRizwan and skipper BabarAzam in AbuDhabi. cricket T20WorldCup

Budget 2022 has neglected non-Malays and non-Muslims, Guan Eng says | The Malaysian InsightThe Bagan MP chides government for pursuing racist, extremist religious agenda. Non Malays & Non Muslims in Malaysia don’t usually fuzz about not getting their share in typical pro Malay Muslims Federal Spending Budget but Covid has hurt their finances badly. They expect some meaningful help from Government after paying most taxes over the last 7 decades. Look at penang first.. How you treated the Muslims there.. This racist lge keep playin racial agenda as usual

In Deepavali message, Guan Eng urges Malaysians to unite against those pursuing racist and extremist agenda | Malay MailKUALA LUMPUR, Nov 4 ― Malaysians must unite against those pushing racism and an extremist religious agenda, DAP secretary-general Lim Guan Eng said today. In his Deepavali message, Lim said Malaysia continues to be distracted by those in government who play up racial and religious sentiments, as... Unite against LiesFake Manifesto again. Malaysian was Scam by DAP n PH last GE. Abolished Toll etc. Most indians dont care for politicians all same.. Maggots.. Regardsless who it is.. Distrurb and c... What happens.. And geun leng.. Go tell this the extremist I..racst to the relevent race not us indian okay... Says the very person that's playing racist & extremist sentiments by pitting the non Malays, non Muslims against Malays & Muslims. His Deepavali message here is prime example.

Despite harassment, Rewcastle-Brown has no regret exposing 1MDB scandal‘The harassment is a sign that I’m doing the right stories.’ You are a hero... But no matter what u do all come to a naught the criminal is still on the loose and will be going to Singapore to enjoy White devil.. hahaha She is a national treasure both in Msia and UK Msians wud nvr gotten a cent bk if not for brave reporters like her 1MDB ruined Msia sarawak_report radiosarawak

Lawyer: Contempt of court if federal govt only implements Undi18 next yearHigh Court previously found delayed implementation 'illogical'. Sebilangan sarjana Muslim dari Malaysia & Indonesia mendakwa bahawa mereka menjumpai Imam Al-Mahdi yg ditunggu-tunggu. Mereka mengatakan bahawa Mahdi adalah Muhammad Qasim, yg terkenal di media sosial mengenai mimpinya tentang Kebangkitan Islam & Pakistan.