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.
In a case that originated on May 9, 2024, 1MDB and ten other firms have filed a lawsuit against Rosmah Mansor and Singaporean designer Natasha Mirpuri, seeking to freeze Rosmah's assets and declare ownership of luxury items. The suit alleges that the items were purchased using misappropriated 1MDB funds. The High Court in Malaysia will decide in January 2025 on the application to impose a Mareva injunction, which would prevent Rosmah from disposing of or dealing with her assets while the legal proceedings continue.
Rosmah's legal counsel is Sheena Stephanie Sebastian, while 1MDB is represented by Henna Nikita Sanghvi. The plaintiffs, which include 1MDB and five of its subsidiaries, as well as five other companies, are seeking an order for Rosmah to pay US$346,010,489 or an appropriate amount for the luxury items, and a declaration that they are the rightful owners of the items currently in her possession.
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- Court to rule Jan 7 on 1MDB bid to freeze Rosmah’s US$346 million assets thevibes.com
- Rosmah faces Mareva injunction bid, 1MDB seeks to freeze US$346m luxury assets malaymail.com
- Court to decide next year on freezing Rosmah’s assets freemalaysiatoday.com
