Govt secures order barring Obaid, two others access to 1MDB-linked jewellery
The Kuala Lumpur High Court has allowed the government’s application for a restraining order against PetroSaudi International Ltd director Tarek Obaid and two companies from accessing over 40 pieces of 1MDB-linked jewellery.
Judge K Muniandy issued the restraining order following deputy public prosecutor Mahadi Abdul Jumaat’s application under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
