KUALA LUMPUR: The High Court has allowed an application by PetroSaudi Oil Services (Venezuela) Ltd (PSOS-VZ) to access US$1.357mil (RM5.67mil) out of US$340.26mil (RM1.42bil) in its application to amend an interim order that prohibited it from moving the millions to other entities.
The funds are currently in an escrow account held by law firm Clyde & Co LLP in the United Kingdom.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
