KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) on Wednesday (April 24) failed in its bid to transfer its suit against Riza Shahriz Abdul Aziz, the stepson of former Prime Minister Datuk Seri Najib Tun Razak, for alleged misappropriation of funds.
High Court Judicial Commissioner (JC) Datuk Raja Ahmad Mohzanuddin Shah Raja Mohzan dismissed the application and ordered the company to pay RM5,000 to Riza Shahriz and his two companies, Red Granite Pictures Incorporated and Red Granite Capital Limited.
