Pivotal forfeiture verdict on PKFZ case on Wednesday at Federal Court
An outcome in the PKFZ decision would have a bearing on other related forfeiture cases, especially those linked with 1MDB.
An outcome in the PKFZ decision would have a bearing on other related forfeiture cases, especially those linked with 1MDB.
Judicial Commissioner Maidzura Mohammed granted a sanction order to the company, after being told that the scheme was approved by 96% of the total value of the creditors present and voting in person or by proxy at a creditors’ meeting on Dec 18.
Dr Mahathir was previously reported to have said the party's registration had not yet received approval from the RoS, although all conditions were met.
Justice Datuk Muhammad Jamil Hussin decided to maintain the dates after Najib's lead counsel Tan Sri Muhammad Shafee Abdullah confirmed that the dates were still suitable, but inquired whether the court still wanted to deliberate over whether it would hear the case or not as the 1MDB-Tanore trial is not expected to end by then.
The stay was granted by a three-member bench led by Justice Datuk Yaakob Md Sam, with the other two judges being Justices Datuk S Nantha Balan and Datuk M Gunalan.
The trial resumes after it was postponed on Oct 5 last year, after the former Umno president went into self-quarantine following his trip to Sabah where he was busy campaigning to ensure the newly-formed Perikatan Nasional won the state election. The trial was subsequently postponed again because of the conditional movement control order (CMCO).
“This is due to the voluminous notes of proceedings and exhibits which the defence find to be in error and need corrections and verification," Muhammad Shafee said.
The High Court trial involving Najib will resume from Tuesday (Jan 5) to Thursday (Jan 7).
Zuraida said this today in her High Court defence filing against PKR’s lawsuit.
This is ahead of Najib's appeal, which is scheduled to be heard in the Court of Appeal on Feb 15, 2021 for 14 days.