The High Court here Tuesday was told that it was not possible for Petrosaudi Oil Services (Venezuela) Limited (PSOS-VZ) to pursue an oil exploration project with the Venezuelan government without the transfer authorisation of US$185 million from 1Malaysia Development Berhad (1MDB) funds by its parent company, Petrosaudi International Ltd (PSI)
KUALA LUMPUR: The High Court here was told that it was not possible for Petrosaudi Oil Services (Venezuela) Limited (PSOS-VZ) to pursue an oil exploration project with the Venezuelan government without the transfer authorisation of US$185mil from 1Malaysia Development Berhad (1MDB) funds by its parent company, Petrosaudi International Ltd (PSI).
KUALA LUMPUR, Sept 20 The High Court here today was told that it was not possible for Petrosaudi Oil Services (Venezuela) Limited (PSOS-VZ) to pursue an oil exploration project.
KUALA LUMPUR, Dec 6 The High Court was today told that Petrosaudi International Ltd (PSI) director Tarek Obaid had absolute control over the company’s accounts and had purportedly caused some US$120 million from 1Malaysia Development Berhad (1MDB) and PSI joint venture company to be.
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