Easy Money? But Where Will It Go And What About Abu Dhabi's Billions Owed? | Sarawak Report
Four law firms have filed a plethora of 22 civil suits to claim billions of US dollars on behalf of state-owned 1Malaysia Development Bhd (1MDB) and its former subsidiary SRC International Sdn Bhd.
The firms of Rosli Dahlan Saravana Partnership (RDS), Skrine & Co, Lim Chee Wee Partnership and Shearne Delamore filed the suits last Friday in the High Court in Kuala Lumpur and the Sessions Court in Shah Alam.
Various claims were made against individuals like former premier Datuk Seri Najib Razak, his stepson Riza Aziz, former 1MDB office bearers like Tan Sri Che Lodin Wok Kamaruddin, and former chief executive officers (CEOs) of 1MDB Datuk Shahrol Azral Ibrahim Halmi, Arul Kanda Kandasamy and Mohd Hazem Abdul Rahman.
Also named in the suits are fugitive businessman Low Taek Jho (Jho Low), his father Tan Sri Larry Low Hock Peng, sister Low May Lin and Jho Low’s close associate Eric Tan Kim Loong.
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