News by Hafiz Yatim

The former premier's lead counsel Tan Sri Muhammad Shafee Abdullah alleged that the businessman, better known as Jho Low, pulled this move to impress the Terengganu government.

Security costs could be imposed by the court when the plaintiff or the party filing the suit is a foreigner and the defendent is concerned that the company is not able to pay costs, should it lose the suit.

Shafee further read that the formation of TIA was to ensure that the state continues to receive some form of revenue should its oil well dry up.

Naza Quest's lawyer Md Yunos said he wants consent judgment to be recorded with criminal or civil liability on the company following its agreement to hand over the amount of RM269,662.

Terms of the consent judgments were not disclosed to the public or media, as Yayasan Rahah and Ibrahim wanted the details to be confidential.

Hariharan said following that, he applied to court for a short mention date and Ahmad Shahrir agreed to fix Oct 4 for mention.

Amhari, who was a special aide to Najib handling economic affairs, gave insights into the inner workings of 1MDB.

Amhari disclosed that he was sent to China (along with Jho Low) on a “secret mission” in 2016 by Najib to convince the country to help pay 1MDB’s debts, in return for which Beijing’s state-owned enterprises would be awarded several infrastructure projects.

This follows a decision by a three-member Federal Court bench led by Chief Judge of Sabah and Sarawak Datuk Seri David Wong Dak Wah to deny permission for the government's appeal to be heard on its full merits.

This is the third successful forfeiture made by the MACC.