The High Court on Thursday fixed Oct 15 to hear 1Malaysia Development Bhd's (1MDB) application to use substituted service to serve legal papers to PetroSaudi International Ltd, its chief executive officer (CEO) Tarek Obaid and its chief investment officer Patrick Mahony.
Report: 1MDB drops US$1b lawsuit against law firm Wong & Partners, lawyer | Malaysia malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
Every year, an estimated $88.6bn leaves Africa in illicit capital flight, but as the example of Malaysia shows, it is possible to bring those involved to book and recover stolen national assets.
Legal firm Wong & Partners said it is "very disappointed" by the decision of 1Malaysia Development Bhd to file a civil suit against the firm for what it claimed is advisory work in relation to 1MDB.
Wednesday, 12 May 2021 06:09 PM MYT
BY IDA LIM
File picture shows Senior Deputy Public Prosecutor Datuk Seri Gopal Sri Ram leaving the Kuala Lumpur High Court Complex February 18, 2021. Picture by Yusof Mat Isa
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KUALA LUMPUR, May 12 Former judge-turned-lawyer Datuk Seri Gopal Sri Ram has reportedly said that there is no conflict of interest when it comes to him acting for law firm Wong & Partners and its partner Brian Chia Hock Gee in defending them against a civil lawsuit where 1Malaysia Development Berhad (1MDB) is claiming US$1 billion.