New judge to hear bid to restrain PetroSaudi from using alleged 1MDB funds

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The government claims that the US$340 million kept in a UK law firm is derived from unlawful activities. FMTNews 1MDB

High Court Judge Ahmad Shahrir Mohd Salleh has fixed Sept 6 and 7 to hear the government’s application to prohibit parties from using US$340 million alleged to be 1MDB funds.

Deputy public prosecutor Budiman Lutfi Mohamed told reporters today that Judge Ahmad Shahrir Mohd Salleh has fixed Sept 6 and 7 to hear the prohibition application during case management this morning. According to the provision, the public prosecutor is allowed to make such a move if he is satisfied that the money was gained from unlawful activities.

 

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