1MDB and four subsidiaries secured an ex parte Mareva injunction against ex-prime minister Datuk Seri Najib Razak over the US$681 million (RM2.85 billion) they were seeking to reclaim from him
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) and a subsidiary have obtained an ex-parte injunction from the High Court against Datuk Seri Najib Razak to effectively freeze his assets, including limiting his monthly bank withdrawals to RM100,000.
KUALA LUMPUR: Datuk Seri Najib Razak can only withdraw up to RM100,000 from his bank accounts monthly, this after 1Malaysia Development Bhd (1MDB) and a subsidiary obtained an ex parte injunction from the High Court.
KUALA LUMPUR, Feb 8 1MDB and four subsidiaries secured an ex parte Mareva injunction against ex-prime minister Datuk Seri Najib Razak over the US$681 million (RM2.85 billion) they were seeking to reclaim from him. According to The Edge Markets, the asset freezing also limited Najib to.
The PIA aircraft, that was impounded in Kuala Lumpur, returns to Islamabad on January 29 | Hassaan Ali Khan
It seemed like a routine flight for Captain Athar Haroon and his crew as PK894 descended into Kuala Lumpur. He was flying one of the 12 Boeing 777s Pakistan International Airlines (PIA) has in its fleet. But this was not just any other aircraft. This particular plane was one of the two Boeing 777s that PIA has leased from a Dublin-based aircraft lessor. And PIA was also fighting a British court case over the jet’s lease.
While the plane was taxiing to the designated gate at Kuala Lumpur International Airport (KLIA), the captain and his crew were unaware of the flurry of activity happening behind the scenes at the airport. Inside the air traffic control tower, the controllers were instructed not to clear the flight back to Islamabad, which was supposed to fly within a few hours. The aircraft had landed in Kuala Lumpur on schedule, but it was not leaving on one.