Attorney General Tan Sri Tommy Thomas said that the Court of Appeal in London overturned a decision of the High Court of England, which had stopped a court application by 1MDB and Mofi to set aside a consent award entered by former premier Datuk Seri Najib Razak's administration with the Abu Dhabi entities – International Petroleum Investment Company and Aabar Investments PJS.
Both 1MDB and Mofi had filed an application in the Commercial Court in London in October last year to challenge a consent award that the two Malaysian parties had recorded under Najib's administration in May 2017 with Ipic and Aabar. Thomas said the October 2018 challenge was filed on grounds that the settlement deeds and the consent award were engineered by Najib as part of a conspiracy to defraud, and that Ipic and Aabar knew that Najib was acting contrary to the interests of Mofi and 1MDB.
He added that bringing the perpetrators in the 1MDB case to justice is a complex and challenging task as the transactions have been carried out over several jurisdictions and involve many persons and entities.
Good news indeed. And if the court take all aspects of the case im sure the result would be in favour of malaysia. This is a clear cut a scam. An elaborate scam of the highest order .
Great news
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