KUALA LUMPUR, April 12 — The hearing of a lawsuit filed by 1Malaysia Development Berhad (1MDB) and three of its subsidiaries against Riza Shahriz Abdul Aziz, the stepson of...
KUALA LUMPUR, April 12 — The hearing of a lawsuit filed by 1Malaysia Development Berhad and three of its subsidiaries against Riza Shahriz Abdul Aziz, the stepson of former prime minister Datuk Seri Najib Razak, for alleged misappropriation of funds amounting to US$250 million for film production and purchase of the real estate, will begin on October 16 next year at the High Court here.
Lawyer Desmond Low Zhi Jie, representing Riza Shahriz and his two companies, Red Granite Pictures Incorporated and Red Granite Capital Limited, said the trial had been set for Octobeer 16 to 18, 21 to 25, October 28 to November 1 and November 4, 2024. The plaintiffs are seeking a declaration that Riza Shahriz is responsible for the misappropriated funds and demand repayment.
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