MACC sues 2 law firms for disclosure over 1MDB’s US$6.5bil bond settlement

📆 10/16/2023 6:06 AM
📰 DailyExpress_MY

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PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) has filed lawsuits in the High Court to compel lawyers Rosli Dahlan and Chetan Jethwani and their legal firms to hand over several documents in an investigation into a settlement entered between Goldman Sachs and the government on the 1MDB US$6.5 billion bond issue.

The anti-corruption agency filed two separate motions against the lawyers and their firms, accompanied by certificates of urgency, last week.MACC said both lawyers refused to allow its officers to conduct a search and seizure of the documents under section 31 of the MAAC Act when visits were made on Oct 6.

The cause papers were served on the lawyers and the law firms, Rosli Dahlan Saravana Partnership, and Chetan & Co, last Friday.MACC’s application against Chetan’s firm has been fixed for mention before Justice Jamil Hussin this morning.In separate affidavits affirmed to support each application, MACC officer Sabri Latif said the agency’s investigations are linked to a settlement entered between the government and Goldman Sachs on the 1MDB issue.

On Friday, Malaysian Bar president Karen Cheah issued a statement saying MACC and the Inland Revenue Board are not empowered by law to go on a “fishing expedition” when raiding law firms.

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MACC sues 2 law firms for disclosure over 1MDB’s US$6.5bil bond settlementThe anti-corruption agency has filed separate motions against Rosli Dahlan Saravana Partnership and Chetan Jethwani & Co for the production of documents relating to the deal.
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MACC sues 2 law firms for disclosure over 1MDB’s US$6.5bil bond settlementFree Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs. Since 2009, we have been presenting news and analyses round the clock, staying true to objectivity – the missing dimension in today’s news scene.
Source: fmtoday - 🏆 5. / 72 Read more »