Court postpones 1MDB-linked forfeiture suit against Petrosaudi

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Today’s hearing of the government’s US$340 million 1MDB-linked forfeiture suit against PetroSaudi International Limited and four others has been vacated due to the ongoing conditional movement control order (MCO).The Kuala Lumpur High Court has fixed Dec 14 for mention to determine a new hearing date.This was confirmed by deputy public prosecutor Budiman Lutfi Mohamed when contacted by Malaysiakini.“(Today’s hearing of the forfeiture suit) has been vacated. The court has set a mention date on Dec 14,” he said.The DPP explained that the mention date is to determine a new hearing date, in light of uncertainty whether the conditional MCO would be further extended in December.Today was initially fixed for hearing of the forfeiture suit before High Court judge Mohd Nazlan Mohd Ghazali after an earlier postponement from Oct 5.On Nov 7, the government announced that the conditional M…