Full trial of 1MDB's US$346mil suit against Rosmah to start in June 2027, Mareva hearing on Sept 28


filepic

KUALA LUMPUR: The High Court has fixed June 28 next year to begin hearing the lawsuit filed by 1Malaysia Development Berhad (1MDB) and 10 other companies against Datin Seri Rosmah Mansor over the purchase of luxury goods worth over US$346mil (RM1.409bil), allegedly using misappropriated funds.

Rosmah’s counsel, Datuk Seri Rajan Navaratnam, said Judicial Commissioner Datuk Muhammad Adam @ Edward Abdullah scheduled the trial on Wednesday (July 8) during case management proceedings. 

The hearing will run from June 28 to July 2, July 5 to 9, and July 19 to 30 next year.

"The court also fixed Sept 28 to hear the plaintiffs' application to amend the writ of summons and also the application for a Mareva injunction," he said when contacted on Thursday (July 9).

ALSO READ: Rosmah amassed RM1.63bil worth of jewellery, designer goods with 1MDB funds, court told 

A Mareva injunction is an interim court order that would prevent the wife of former prime minister Datuk Seri Najib Razak from disposing of the assets, including cash, company shares, real estate and other assets, pending disposal of the suit.

The lawsuit was filed by 1MDB and the 10 companies, including five of its subsidiaries – 1MDB Energy Holdings Limited, 1MDB Energy Limited, 1MDB Energy (Langat) Limited, Global Diversified Investment Company Limited and SRC International Sdn Bhd – on May 9, 2024.

The other plaintiffs are Affinity Equity International Partners Limited, Alsen Chance Holdings Limited, Blackrock Commodities (Global) Limited, Blackstone Asia Real Estate Partners Limited and Brightstone Jewellery Limited.

ALSO READ: Appeals court sets April 6 to hear appeal by 1MDB, 10 others in Mareva injunction bid against Rosmah

The plaintiffs are seeking an order requiring Rosmah to pay US$346mil or any other amount deemed appropriate by the court.

They are also seeking a declaration that the first to sixth plaintiffs are the lawful owners of the luxury goods allegedly in Rosmah's possession.

The suit was originally filed against Rosmah as the first defendant and Singapore national Shabnam Naraindas Daswani as the second defendant.

However, in April last year, the plaintiffs withdrew the suit against Shabnam. – Bernama

 

 

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Cybersecurity is everyone's responsibility, from families to students, says Anwar
Negri polls: Pakatan to announce candidates list on July 14
Kelantan Fama activates plan to avert durian price slump
31 undocumented migrants held in Batu Pahat raids
Govt tables Bill giving rice DG powers to set prices, curb market manipulation
Johor polls: Onn Hafiz urges some 300,000 Malaysians in Singapore to come home and vote
Company linked to Muhyiddin won RM141mil gov contract, court heard
Johor polls: No nominated PAS assemblymen if BN returns to power, says Onn Hafiz
Cops bust World Cup betting ring during raid on KL office lot, 11 nabbed
Injured senior citizen rescued from locked Sungai Besi home

Others Also Read