Najib's application to lift injunction linked to 1MDB's frozen assets set for May 26

KUALA LUMPUR: Datuk Seri Najib Razak’s application to set aside the mareva injunction obtained by 1Malaysia Development Berhad (1MDB) and one of its subsidiaries to stop the former prime minister from disposing of or dissipating its assets in Malaysia worth US$681mil will be heard on May 26 at the High Court here.

On Feb 8 last year, the court allowed the ex-parte application for a mareva injunction by 1MDB and Global Diversified Investment Company Limited (formerly known as 1MDB Global Investments Limited), both as first and second plaintiffs, in the 1MDB lawsuit against Najib and several other individuals.