High Court sets Jan 7 to hear 1MDB's Mareva injunction application against Rosmah


KUALA LUMPUR: The High Court has fixed Jan 7 next year to hear the Mareva injunction application filed by 1Malaysia Development Berhad (1MDB) and 10 other companies against Datin Seri Rosmah Mansor.

Judicial Commissioner Muhammad Adam @ Edward Abdullah fixed the date during case management here on Monday (Sept 28).

The court would also deliver the decision on the application on the same day.

A Mareva injunction is a temporary court order that stops a defendant from moving or selling their assets before a legal case finishes.

Lawyers Sheena Stephanie Sebastian appeared for Rosmah, and Henna Nikita Sanghvi appeared for 1MDB during the proceedings.

The application is part of a lawsuit involving luxury goods worth more than USD$346mil (RM1.41bil), allegedly using misappropriated funds from 1MDB.

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.

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.

 

 

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

Next In Nation

Health Ministry ready to help develop mental health guidelines for civil servants, says Dr Dzul
High expectations for budget 2027 despite limited resources, says Anwar
RM2,000 minimum wage decision rests with Budget 2027, says Akmal
Asean needs common standards for fast-growing space sector, says Science Minister
Sarawak Governor, Hajiji pay tribute to Tun Dr Siti Hasmah
Jobless man gets seven years' jail, three strokes of cane for axe robbery at watch shop
Tun Dr Siti Hasmah accorded state funeral ceremony, to be laid to rest at Makam Pahlawan
Five things to know about Tun Dr Siti Hasmah
Health Ministry launches two new initiatives to boost national suicide prevention, says Dzulkefly
Tun Dr Siti Hasmah's contributions to healthcare will be remembered, says Armizan

Others Also Read