PetroSaudi, Tarek Obaid apply to amend interim order obtained by govt to block 1MDB-linked funds worth RM1.44bil


KUALA LUMPUR (Bernama): PetroSaudi International Ltd (PSI) and its director, Tarek Obaid, are seeking to amend an interim order obtained by the government to prohibit them from moving over US$340mil (RM1.44bil), that is linked to 1Malaysia Development Berhad (1MDB) and kept in a client’s account at a UK law firm, to other entities.

PSI and Tarek filed the application to amend the interim order on July 24.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Relief for passengers as flights resume in Sarawak
Cops beef up KLIA security with GOF personnel
Ornamental fish industry worth over RM450mil and growing
Banks and telemarketers must innovate to avoid being mistaken for scammers, says CCID director
Local airlines resuming flights from Sabah, Sarawak following volcanic eruption
Upswing in SMS scams, says Bukit Aman
Muar has good feng shui too, so give us allocations, Syed Saddiq tells Nga
Opaque EIA process can harm Sabah's biodiversity, says WWF-Malaysia
Malaysia dismayed by veto of Palestine's bid for UN membership
Health, Higher Education ministries to jointly address issues with parallel pathway programme

Others Also Read