New judge for 1MDB-linked US$340m suit against Petrosaudi
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Title : New judge for 1MDB-linked US$340m suit against Petrosaudi
Category : Malaysians
A new judge is presiding over the government's 1MDB-linked US$340 million (RM1.4 billion) lawsuit against Petrosaudi International Limited and four others.Kuala Lumpur High Court judge Ahmad Shahrir Mohd Salleh is set to hear the legal action on Sept 6 and 7.The government is seeking a prohibitory order over the funds being held in trust by law firm Clyde & Co LLP in the United Kingdom.Besides Petrosaudi International, the other respondents in the legal action are Petrosaudi International's director Tarek Obaid, PetroSaudi Oil Services (Venezuela) Limited (POSL), Clyde & Co LLP, and Temple Fiduciary Services Limited (TFSL). Previously, High Court judge Mohd Nazlan Mohd Ghazali presided over the matter last year.However, the criminal court judge has since been transferred back to the civil court's jurisdiction effective March 1.Kuala Lumpur High Court judge A…
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