Court to decide next year on freezing Rosmah’s assets
High Court will hear and decide on Jan 7 an application for a Mareva injunction filed by 1MDB and 10 other firms against the former prime minister’s wife.
The High Court in Malaysia will decide in January of next year whether to freeze the assets of Rosmah Mansor, according to a suit filed by 1MDB and 10 other companies. The plaintiffs are seeking an order for Rosmah to pay a sum of US$346,010,489 or any amount the court deems appropriate for the purchase of luxury items allegedly funded by misappropriated 1MDB funds.
Judicial Commissioner Adam @ Edward Abdullah has scheduled January 7th for the hearing and decision of the plaintiffs' Mareva injunction application, which would prevent Rosmah from disposing of or dealing with her assets while the legal proceedings continue. Rosmah's legal team is represented by counsel Sheena Stephanie Sebastian, while 1MDB is represented by Henna Nikita Sanghvi.
The suit was filed by 1MDB and five of its subsidiaries, as well as five other companies. Initially, Rosmah and Singaporean designer Shabnam were named as defendants in May 2024, but the claim against Shabnam was withdrawn in April of the previous year. The plaintiffs claim ownership of the luxury items in question and are seeking declarations that they are the rightful owners.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Court to rule Jan 7 on 1MDB bid to freeze Rosmah’s US$346 million assets thevibes.com
- Court to decide next year on freezing Rosmah’s assets freemalaysiatoday.com
- Rosmah faces Mareva injunction bid, 1MDB seeks to freeze US$346m luxury assets malaymail.com
