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Najib fails to lift Mareva injunction in 1MDB’s suit

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Justice Atan Mustaffa Yussof Ahmad ruled that the injunction against Najib Razak should be retained until the end of 1MDB’s suit.

The High Court has barred Najib Razak from dissipating his assets to a value below US$681 million pending the disposal of 1MDB’s suit lawsuit against him.

Justice Atan Mustaffa Yussof Ahmad ruled that the injunction should be retained until the end of 1MDB’s suit. The court order, however, allowed Najib to withdraw RM100,000 every month for daily expenses and legal fees.

 

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