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Court sets Dec 11 for govt's bid to prevent PSI from using 1MDB funds
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The Kuala Lumpur High Court today fixed Dec 11 to decide on the government’s application to block PetroSaudi International Ltd (PSI) and its director Tarek Obaid from using US$340 million (RM1.61 billion) linked to 1MDB held in a client’s account at a law firm in the United Kingdom.

Judge Ahmad Shahrir Mohd Salleh set the date during a proceeding, which was attended by deputy public prosecutor Norinna Bahadun, PSI’s lawyer Alex Tan and Obaid’s counsel Mohd Yusof Zainal Abiden.


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