1mdb Fails To Have New Judge Hear Suit Against Arul Kanda Irwan Serigar

The Kuala Lumpur High Court this afternoon denied 1MDB’s application to have a new civil court judge preside over its US$1.83 billion (RM8.05 billion) suit against its former CEO and a former Treasury secretary-general.
High Court judicial commissioner Raja Ahmad Mohzanuddin Shah Raja Mohzan dismissed 1MDB's bid to have judge Atan Mustaffa Yusoff Ahmad hear the civil action involving alleged breach of trust and conspiracy.
According to court filings, 1MDB sought the transfer because Atan is also the presiding judge for its US$8 billion lawsuit against former prime minister Najib Abdul Razak.
However, the defendants - former 1MDB CEO Arul Kanda Kandasamy and former Treasury secretary-general Mohd Irwan Serigar Abdullah - opposed the transfer, contending that the suit against them does not involve the same issues as 1MDB’s action against Najib.
Irwan’s counsel Lavinia Kumaraendran confirmed the outcome of today’s proceedings in Ahmad’s chambers.
She told the media that Ahmad also ordered 1MDB to pay RM8,000 in costs to Arul Kanda (above, left) and Irwan.
The trial of 1MDB’s suit against the two is set for September this year.
Alleged breach of trust, conspiracy
In May 2021, 1MDB filed the suit against Arul Kanda and Irwan seeking compensation for its losses.
The loss was over its investment in the joint venture 1MDB-Petrosaudi Limited, which was converted into the purported Brazen Sky Limited investment that is claimed to be found in the Bridge Global Fund.
1MDB claimed that the duo committed a breach of trust and conspiracy by misappropriating funds amounting to US$3.5 billion (RM15.4 billion), which was allegedly paid to Aabar Investments and US$1.265 billion that was purportedly paid to International Petroleum Investment Company, on May 9, 2017.
Former finance minister Najib is serving a six-year jail sentence over a separate RM42 million corruption case linked to SRC International, a former subsidiary of 1MDB which later became fully owned by the Minister of Finance Incorporated (MOF Inc).
Lawyer Sanjay Mohan acted for Arul Kanda while plaintiff 1MDB was represented by counsel Brendan Navin Siva.
-Mkini

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2024/04/1mdb-fails-to-have-new-judge-hear-suit.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini

Ex Saleswoman Awarded Rm3 8mil In Negligence Suit Against Hospital

papar berkaitan - pada 13/4/2024 - jumlah : 69 hits
The Kuala Lumpur High Court was told that Shuhazani Shoib was not provided proper treatment when she experienced high blood pressure during pregnancy seven years ago KUALA LUMPUR The High Court here has awarded a former saleswoman RM3 8 mil...

Yeoh Hurtful To Hear Syed Saddiq S Words Against Us

papar berkaitan - pada 8/4/2024 - jumlah : 109 hits
INTERVIEW Youth and Sports Minister Hannah Yeoh has gotten accustomed to shifting political allegiances in the 16 years since she was first elected to office but admitted that it was very painful to hear harsh words from former allies She s...

Either You Are For The Working Class Or Against It Anwar You Can T Both Run With The Foxes And Hunt With The Hounds

papar berkaitan - pada 23/4/2024 - jumlah : 179 hits
If he was really a force for change he would have spoken to the elites and told them to prepare for change not spoken to the people and asked us to be wary of change Nehru Sathiamoorthy It is an open secret that most of the elites in the co...

Labour Department Opens 1 7k Probes Against Employers

papar berkaitan - pada 23/4/2024 - jumlah : 72 hits
The Peninsular Malaysia Labour Department opened 1 701 investigation papers against 444 employers inspected during the integrated operations conducted last year PMLD director general Kamal Pardi said this involved various offences under the...

Allegation Against Selangor Mb A Desperate Election Tactic Aide

papar berkaitan - pada 21/4/2024 - jumlah : 76 hits
The allegation against Selangor Menteri Besar Amirudin Shari purportedly approving land in Dengkil to his own company was described as a rerun episode of the accusations during the previous state election The menteri besar s political secre...

Chegubard S Report Against Amirudin Part Of Political Game Says Mb S Aide

papar berkaitan - pada 21/4/2024 - jumlah : 110 hits
Saifuddin Shafi said the Selangor menteri besar s office is ready to cooperate fully with the authorities in their investigation into the alleged allocation of land in Dengkil to Landasan Lumayan Berjaya Sdn Bhd PETALING JAYA Blogger Badrul...

Mcmc Lodges Police Report Against 3 Social Media Figures

papar berkaitan - pada 21/4/2024 - jumlah : 86 hits
The Malaysian Communications and Multimedia Commission has lodged a police report against Badrul Hisham Shaharin Mohamad Salim Iskandar and Wan Muhammad Azri Wan Deris In a statement today it accused the trio of making and circulating false...

Apex Court Sets May 17 To Hear Govt Ag S Appeal To Strike Out Lawsuits By Lawyers For Liberty

papar berkaitan - pada 13/4/2024 - jumlah : 80 hits
PUTRAJAYA The Federal Court has set May 17 to hear the appeals by the Malaysian government and the Attorney General to strike out two suits brought by Lawyers for Liberty against the Malaysian and Singapore governments Senior Federal Counse...

Appellate Court Sets Oct 23 24 To Hear Rosmah S Appeal Over Graft Conviction

papar berkaitan - pada 23/4/2024 - jumlah : 86 hits
The Court of Appeal has set Oct 23 and 24 to hear Rosmah Mansor s appeal to quash her conviction as well as a 10 year jail sentence and RM970 million fine over three corruption charges linked to the RM1 25 billion solar hybrid project The c...