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1MDB gets permission to serve writ of summons to six parties overseas

KUALA LUMPUR (Bernama): 1Malaysia Development Berhad (1MDB) has obtained permission from the High Court here to serve its writ of summons against six parties, including two overseas banking firms. ....

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Hearing of US$340mil 1MDB-linked suit postponed, prosecution awaits response from UK law firm

KUALA LUMPUR (Bernama): The hearing of the government’s application to block PetroSaudi International Ltd (PSI) and its director, Tarek Obaid, from using over US$340mil (RM1.42bil) linked to 1Malaysia Development Berhad (1MDB) which was kept in a client’s account at a UK law firm has been postponed. ....

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US DoJ serves warrant on London law firm to recover RM1.34bil of 1MDB money

10:28 AM MYT
PETALING JAYA: The US Department of Justice (DoJ) has served an arrest warrant on a law firm in London in an effort to recover RM1.34bil of 1Malaysia Development Berhad (1MDB) funds, reports the Guardian.
According to court records reviewed by the British news outlet, the UK’s National Crime Agency (NCA) served the warrant at the central London offices of the firm Clyde & Co on behalf of the DoJ.
The warrant, which was signed by a US federal judge, identified the “defendant” as the $330m (RM1.34bil) held by Clyde & Co in a bank account at a NatWest branch in the City. ....

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