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The Asian Affairs > Latest News > Atan Mustaffa Yussof Ahmad

Tag Archives: Atan Mustaffa Yussof Ahmad

NajibRazak
Malaysia

Under Mareva order, Najib must reveal RM2.85 billion in assets to 1MDB

By Katherine S
February 11, 2022
in :  Malaysia

Malaysia – Former Prime Minister Datuk Seri Najib Razak has allegedly been ordered to reveal his assets to 1Malaysia Development Bhd (1MDB) and Global Diversified Investment Company Ltd. (GDICL), with an estimated worth of US$681 million (RM2.85 billion). This was one of the terms of the court-ordered Mareva injunction against Najib on Tuesday, according to The Edge Markets. The assets …

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NajibRazak
Malaysia

1MDB and its subsidiaries have won a court order freezing Najib’s assets

By Katherine S
February 9, 2022
in :  Malaysia

Malaysia – 1MDB along with four subsidiaries have obtained an ex parte Mareva injunction against former Prime Minister Datuk Seri Najib Razak in relation to the US$681 million (RM2.85 billion) they sought from him. According to The Edge Markets, Najib’s assets were frozen, and he was only allowed to take RM100,000 each month for living expenses and legal fees. A …

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