UK law firm gets 2 more weeks to reply to 1MDB-linked US$340m suit

UK law firm gets 2 more weeks to reply to 1MDB-linked US$340m suit - Hello loyal readers FeedGoogle, In the article you are reading this time with the title UK law firm gets 2 more weeks to reply to 1MDB-linked US$340m suit, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

United Kingdom-based law firm was given another two weeks to respond to the Malaysian government's 1MDB-linked US$340 million (RM1.4 billion) lawsuit.Judge Ahmad Shahrir Mohd Salleh allowed this application by the prosecution during today’s open-court proceedings on the suit at the Kuala Lumpur High Court.As a result, the scheduled hearing of the suit was vacated and a case management fixed on Oct 22, to give opportunity to the UK-based legal firm to respond to the suit by the Malaysian government against it and four other respondents.The other four respondents are Petrosaudi International Limited (PSI), Petrosaudi International's director Tarek Obaid, PetroSaudi Oil Services (Venezuela) Limited (POSL), and Temple Fiduciary Services Limited (TFSL).Via the lawsuit, the Malaysian government is seeking a prohibitory order over the 1MDB-linked funds being held in trust by …