High Court orders Rosmah to pay RM67.4m into stakeholder account pending appeal in missing jewellery suit

On August 12, the High Court in Kuala Lumpur ruled that Datin Seri Rosmah Mansor must deposit RM67.4 million into a shared stakeholder account within a month, pending her appeal in a case filed by Lebanese jeweller Global Royalty Trading SAL. The suit seeks to recover the value of 43 jewellery items that Global Royalty claims were delivered to Rosmah in 2018 for viewing under a consignment arrangement.

The items, valued at RM67,461,027.37 (US$14.57 million), were seized during a 2018 police raid at Pavilion Residences. Rosmah had initially sought to halt the execution of the June 10 High Court decision, but the court denied her request for a stay, stating that special circumstances must be proven to justify the request. Despite Rosmah's claim that her jewellery was seized during a third-party raid, the court ruled that her contention about the judgment sum being too large for an individual to pay was not sufficient grounds for a stay of execution.

The court granted a conditional stay of execution to Rosmah, ordering her to pay the judgment sum into a joint stakeholders account within one month. If she fails to comply, the plaintiff will be able to initiate execution proceedings, pending the outcome of her appeal to the Court of Appeal.