KUALA LUMPUR: Tarek Obaid, a director of PetroSaudi International Ltd (PSI), has been prohibited from selling his 2.5 million shares in Palantir Technologies, which are allegedly connected to 1Malaysia Development Berhad (1MDB).
High Court judge Justice Datuk Azhar Abdul Hamid issued the order on Friday (Oct 3) after allowing an application under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001 by deputy public prosecutor Nurul Izzati Sapifee.
