00:00A multi-million dollar civil suit by 1MDB and 10 other entities against Rosmah Mansour
00:07appears to have stalled, with no trial dates in sight due to a vacancy on the bench.
00:12Filed in May 2024, the suit seeks to recover luxury goods allegedly purchased with misappropriated funds
00:20along with monetary compensation.
00:24Rosmah, wife of former Prime Minister Najib Razak, is accused of taking possession of thousands of luxury items
00:31funded by assets belonging to 1MDB and its subsidiaries.
00:36Investigators claim the goods were bought using funds channeled through offshore entities
00:41controlled by Najib's proxies, including fugitive financier Joe Lowe.
00:47The plaintiffs say the money trail uncovered exceeds US$346 million.
00:54Four years ago, the prosecution failed in its bid to forfeit the items after a judge ruled
01:00that they could not be directly linked to any offence committed by Rosmah.
01:04The goods were returned to a then, but 1MDB now claims that they were bought with misappropriated funds.
01:11The suit is set to come up for case management next week.
01:15Adrienne Fernandez, FMT
Comments