Court defers bid to block release of RM1.5b in alleged 1MDB funds in the UK | Malay Mail

Friday, 28 Aug 2020 11:33 AM MYTEarlier, Tarek’s lawyer Datuk Mohd Yusof Zainal Abiden and PetroSaudi Venezuela representative Alex Tan Chie Sian argued they received several lengthy affidavits just days prior and needed sufficient time to examine these. ― Picture by Shafwan Zaidon

Judge Mohd Nazlan Mohd Ghazali postponed the hearing to September 15, with written submissions due one day prior. The Malaysian Anti-Corruption Commission and British investigators filed for the injunction last month to prevent Tarek and PSI from withdrawing the funds held in escrow by the Clyde & Co LLP firm in the UK.

The lawyer said all the funds were still in escrow and would remain there for the duration of this matter.

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