KUALA LUMPUR: The High Court today set Aug 4 to deliver its decision on the application by 1Malaysia Development Berhad (1MDB) and three of its subsidiaries to obtain documents in the US$248 million suit against Hollywood film producer Riza Shahriz Abdul Aziz and two of his companies for allegely misusing the strategic investment company's funds.
Counsel Datuk Hariharan Tara Singh representing defendants Riza Shahriz, Red Granite Pictures Incorporated and Red Granite Capital Limited, said Judge Datuk Amarjeet Singh set the date after hearing arguments from both parties.
"The decision will be delivered via email," he said when met by reporters, while the plaintiffs' counsel Rabindra S. Nathan, confirmed the matter.
1MDB, and its subsidiaries, 1MDB Energy Holdings Limited, 1MDB Energy Limited and 1MDB Energy (Langat) Limited filed the application on Jan 28, seeking documents including correspondence between fugitive businessman Low Taek Jho or Jho Low and Riza Shahriz, and documents relating to the receipt and use of US$10,173,104 in funds by Red Granite Pictures and US$238 million by Red Granite Capital.
Based on supporting affidavits in the application, 1MDB director Mohd Hisyamuddin Awang Abu Bakar said the documents would assist the plaintiffs in proving their claim and enable them to obtain further information to support their claims in the suit.
According to an affidavit in reply, Riza Shahriz said he was advised by lawyers and firmly believed the documents sought by the plaintiffs were only fishing for further information.
On May 7 2021, 1MDB and its subsidiaries filed sued Riza and his two companies for allegedly receiving around US$248 million in funds that they misused for their personal gain, including financing a film and to purchase various properties.
They also claimed that since Riza Shahriz managed both companies, he would know that the money originating from 1MDB had been misappropriated for their gain.
The plaintiffs therefore are seeking a declaration that Riza Shahriz is responsible for the misappropriated funds and to demand repayment.
Riza in his defence claimed that the funds were obtained from a loan from the Saudi royal family or International Petroleum Investment Company and not from 1MDB funds, adding that it was hard for an unknown film producer to obtain loans from banks and that had compelled him to seek funds from individuals or companies.
-- BERNAMA
Bernama
Thu Jul 14 2022
![1MBD's bid to obtain documents in suit against Riza Shahriz to be known on Aug 4 1MBD's bid to obtain documents in suit against Riza Shahriz to be known on Aug 4](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-07/71657803305_RIZAAZIZ.jpg)
The High Court today set Aug 4 to deliver its decision on the application by 1MDB and three of its subsidiaries to obtain documents in the US$248 million suit against Riza Shahriz Abdul Aziz and two of his companies. - BERNAMA
![LHDN berjaya kutip RM512.6 juta melalui PKPS 2.0 - Amir Hamzah LHDN berjaya kutip RM512.6 juta melalui PKPS 2.0 - Amir Hamzah](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/61719994976_TBAMIRHAMZAHjpg.jpg)
LHDN berjaya kutip RM512.6 juta melalui PKPS 2.0 - Amir Hamzah
LHDN telah mengutip RM512.6 juta daripada keseluruhan taksiran cukai berjumlah RM1.29 billion sepanjang tempoh PKPS 2.0.
Positif COVID-19 tidak perlu kemaskini MySejahtera
Jika didapati positif Covid-19, para pesakit tidak lagi perlu untuk mengemaskini status kesihatan terkini di aplikasi Mysejahtera, kerana covid seharusnya dirawat sama seperti jangkitan saluran penafasan yang lain.
Kandungan video promosi Georgetown Festival diturunkan
Pasukan George Town Festival 2024 telah menurunkan semua siaran berkaitan video promosi sambutan 'George Town Festival 2024' atas dakwaan menyinggung perasaan budaya Melayu di Pulau Pinang yang seperti dilupai.
Ia berikutan tular penyiaran video promosi sambutan 'George Town Festival 2024' yang didakwa hanya mempromosikan kebudayaan kaum Cina dan India.
Ia berikutan tular penyiaran video promosi sambutan 'George Town Festival 2024' yang didakwa hanya mempromosikan kebudayaan kaum Cina dan India.
![KPM akan teliti sukarelawan dari Singapura, alu-alukan pesara guru Bahasa Inggeris di Malaysia KPM akan teliti sukarelawan dari Singapura, alu-alukan pesara guru Bahasa Inggeris di Malaysia](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/61717914416_TBfadhlinasidek.jpg)
KPM akan teliti sukarelawan dari Singapura, alu-alukan pesara guru Bahasa Inggeris di Malaysia
KPM sentiasa terbuka dan mengalu-alukan pesara guru bahasa Inggeris dalam negara untuk terlibat dalam PdP bagi meningkatkan penguasaan bahasa tersebut.
Pengajar Bahasa Inggeris dari Singapura, antara tumpuan
Penglibatan tenaga pengajar dari Singapura antara yang menjadi tumpuan di Dewan Rakyat pada Isnin.
Negara kekurangan tekong, beri kesan kekurangan ikan
Malaysia berhadapan kekurangan tekong tempatan berpengalaman yang ketara untuk kapal nelayan tempatan, terutama bagi perikanan laut dalam.
Menteri Pertanian dan Keterjaminan Makanan Datuk Seri Mohamad Sabu berkata lebih ramai tekong tempatan perlu dilahirkan, kerana pada ketika ini orang luar terpaksa digunakan dan diberi peluang untuk berkhidmat sebagai tekong kapal nelayan tempatan di negara ini.
Menteri Pertanian dan Keterjaminan Makanan Datuk Seri Mohamad Sabu berkata lebih ramai tekong tempatan perlu dilahirkan, kerana pada ketika ini orang luar terpaksa digunakan dan diberi peluang untuk berkhidmat sebagai tekong kapal nelayan tempatan di negara ini.
Jenayah: Polis sahkan suspek teman lelaki Nur Farah Kartini
Lelaki yang ditahan polis bagi membantu siasatan berhubung penemuan mayat Nur Farah Kartini Abdullah, adalah teman lelakinya.
Suspek kes kematian Nur Farah Kartini direman tujuh hari
Seorang penjawat awam yang dikaitkan dengan penemuan mayat Nur Farah Kartini Abdullah, direman selama tujuh hari bagi membantu siasatan kes tersebut.
[TERKINI] Pan Gon bakal umum letak jawatan hari ini?
Tidak ada maklumat lanjut berkaitan sidang media berkenaan walaupun desas desus mengatakan ia melibatkan kepimpinan tertinggi FAM atau barisan kejurulatihan skuad Harimau Malaya?
Bukan masa sesuai untuk perkenalkan semula GST - Amir Hamzah
Menteri Kewangan II, Datuk Seri Amir Hamzah Azizan berkata bukan masa sesuai untuk perkenal semula GST. Katanya, kerajaan hanya akan perkenalkan cukai yang tidak memberi kesan kepada golongan rentan.
#AWANInews #SisiTVParlimen
#AWANInews #SisiTVParlimen
![Bills to televise court proceedings tabled for first reading Bills to televise court proceedings tabled for first reading](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-08/71598271124_parlimentmalaysia.jpg)
Bills to televise court proceedings tabled for first reading
Subsection 69 (1) of the Act was also proposed to be amended to allow receiving statements via remote communication technology.