Array
(
    [_edit_lock] => Array
        (
            [0] => 1733997348:30
        )

    [tdc_dirty_content] => Array
        (
            [0] => 1
        )

    [tdc_icon_fonts] => Array
        (
            [0] => a:0:{}
        )

    [post_views_count] => Array
        (
            [0] => 141
        )

    [_thumbnail_id] => Array
        (
            [0] => 239691
        )

    [_edit_last] => Array
        (
            [0] => 30
        )

    [onesignal_meta_box_present] => Array
        (
            [0] => 
        )

    [onesignal_send_notification] => Array
        (
            [0] => 
        )

    [onesignal_modify_title_and_content] => Array
        (
            [0] => 
        )

    [onesignal_notification_custom_heading] => Array
        (
            [0] => 
        )

    [onesignal_notification_custom_content] => Array
        (
            [0] => 
        )

    [_post_language] => Array
        (
            [0] => English
        )

    [_molongui_author] => Array
        (
            [0] => guest-97695
        )

    [_molongui_main_author] => Array
        (
            [0] => guest-97695
        )

    [td_post_theme_settings] => Array
        (
            [0] => a:1:{s:11:"td_subtitle";s:56:"Order was issued to prevent PSI CEO from accessing funds";}
        )

    [_yoast_wpseo_primary_category] => Array
        (
            [0] => 599
        )

    [_yoast_wpseo_focuskw] => Array
        (
            [0] => MACC 1MDB
        )

    [_yoast_wpseo_linkdex] => Array
        (
            [0] => 40
        )

    [_yoast_wpseo_content_score] => Array
        (
            [0] => 60
        )

    [_yoast_wpseo_estimated-reading-time-minutes] => Array
        (
            [0] => 1
        )

    [_yoast_wpseo_wordproof_timestamp] => Array
        (
            [0] => 
        )

    [post_views_count_7_day_arr] => Array
        (
            [0] => a:7:{i:0;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:1;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:2;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:3;a:3:{s:4:"date";s:10:"1749731257";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:12;i:1;}}i:4;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:5;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:6;a:3:{s:4:"date";s:10:"1749351663";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:3;i:1;}}}
        )

    [post_view_7days_last_day] => Array
        (
            [0] => 3
        )

    [post_views_count_7_day_last_date] => Array
        (
            [0] => 1749731257
        )

    [post_views_count_7_day_total] => Array
        (
            [0] => 2
        )

    [post_views_last_24_hours] => Array
        (
            [0] => 1
        )

    [post_views_last_48_hours] => Array
        (
            [0] => 1
        )

)
MACC secures order to bar access to 1MDB assets in the UK worth RM1.5 bil | Scoop
The MACC has obtained a Prohibition Order from the Kuala Lumpur High Court to prevent CEO of Petrosaudi International Ltd (PSI), Tarek Obaid, from accessing assets linked to funds associated with 1MDB worth US$340 million (RM1.5 billion) in the UK. – File pic, December 12, 2024
News

MACC secures order to bar access to 1MDB assets in the UK worth RM1.5 bil

Order was issued to prevent PSI CEO from accessing funds

Scoop Reporters
Updated
5:55 PM MYT

 

KUALA LUMPUR – The Malaysian Anti-Corruption Commission (MACC) has successfully obtained a Prohibition Order from the Kuala Lumpur High Court to prevent certain parties from dealing with assets linked to funds associated with 1Malaysia Development Bhd (1MDB), amounting to US$340 million (RM1.5 billion) held abroad.   

In a statement, the MACC revealed that the assets are currently under the custody of the UK Court Funds Office in the United Kingdom.   

According to the MACC, the order was issued by high court judge Datuk Ahmad Shahrir Mohd Salleh on December 10 after the court was satisfied with evidence presented by the prosecution, which demonstrated that the funds were linked to money laundering activities.   

“This order also effectively prevents the CEO of Petrosaudi International Ltd (PSI), Tarek Obaid, from accessing the funds,” the statement read.   

The Prohibition Order was issued under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLTFPUAA 2001) following a prosecution application filed in 2020.   

Previously, on March 13, 2024, MACC also successfully obtained a Prohibition Order over 41 pieces of jewellery valued at GB£9,417,842.60 belonging to Tarek Obaid in Hong Kong. – December 12, 2024 

Topics

 

◉ Popular

From player to mentor: Wee Wern calls time on glittering squash career, takes on coaching challenge

A desire to impart her years of experience to the younger generation has seen former world number five squash player Low Wee Wern make the tough decision to hang up her racquet.

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

Has J-Kom ‘strayed’ from its true purpose of promoting govt programmes?

Has the Community Communications Department (J-Kom), an agency tasked with disseminating information on the benefits and development of government programmes to the people, “strayed” from its intended purpose?

◉ Related

Copyright © 2023. All rights reserved.