1MDB, SRC file lawsuits against alleged perpetrators who defrauded them
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Title : 1MDB, SRC file lawsuits against alleged perpetrators who defrauded them
Category : Malaysians
1MDB and its former subsidiary SRC International Sdn Bhd have filed a string of civil suits against various personalities who have been accused of defrauding the state-owned firms.They also took legal action against entities that may not have perpetrated the fraud but were involved in the process - knowingly or unknowingly.The suits were filed last Friday through three law firms, namely Rosli Dahlan Saravana Partnership (RDS), Skrine & Co, and Lim Chee Wee Partnership, according to The Edge Markets.The suit is seeking around US$23 billion (RM94.4 billion) from the respondents.Among those named included ex-prime minister Najib Abdul Razak, ex-1MDB chairperson Che Lodin Wok Kamaruddin, and ex-1MDB CEOs Shahrol Azral Ibrahim Halmi, Mohd Hazem Abdul Rahman, and Arul Kanda Kandasamy.Several family members of fugitive businessperson Low Taek Jho were also named, including his fa…
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