1MDB, subsidiary obtain injunction against Najib, including RM100,000 cap on monthly bank withdrawals


KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) and a subsidiary have obtained an ex-parte injunction from the High Court against Datuk Seri Najib Razak to effectively freeze his assets, including limiting his monthly bank withdrawals to RM100,000.

According to the court order sighted by The Star, should the former prime minister require more than RM100,000 for his ordinary living expenses and legal expenses, he has to obtain written consent from the solicitors of the first plaintiff, 1MDB, and the fifth plaintiff, Global Diversified Investment Company Ltd (formerly known as 1MDB Global Investments Ltd/1MDB-GIL).

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