Decision to freeze assets on Jan 7

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Kritik
29 Sep 2026
26
SubCategory | Government Policies

By NURBAITI HAMDAN

KUALA LUMPUR: The High Court will hear and decide on Jan 7 an application by 1Malaysia Development Bhd (1MDB) and 10 other companies for a temporary order to freeze the assets of Datin Seri Rosmah Mansor.

Judicial Commissioner Muhammad Adam @ Edward Abdullah fixed the date during case management here yesterday.

The application for the Mareva injunction is part of a suit involving luxury goods worth more than US$346mil, allegedly using misappropriated funds from 1MDB.

A Mareva injunction is a temporary court order that stops a defendant from moving or selling their assets before a legal case finishes.

The suit was filed by 1MDB and the 10 companies, including five of its subsidiaries – 1MDB Energy Holdings Limited, 1MDB Energy Limited, 1MDB Energy (Langat) Limited, Global Diversified Investment Company Limited and SRC International Sdn Bhd – on May 9, 2024.

The other plaintiffs are Affinity Equity International Partners Limited, Alsen Chance Holdings Limited, Blackrock Commodities (Global) Limited, Blackstone Asia Real Estate Partners Limited and Brightstone Jewellery Limited.

Lawyers Sheena Stephanie Sebastian appeared for Rosmah and Henna Nikita Sanghvi appeared for 1MDB during the proceedings.

In the suit, the plaintiffs are seeking an order requiring Rosmah to pay US$346mil or any other amount deemed appropriate by the court.

They are also seeking a declaration that the first to sixth plaintiffs are the lawful owners of the luxury goods allegedly in Rosmah’s possession.

The suit was originally filed against Rosmah as the first defendant and Singapore national Shabnam Naraindas Daswani as the second defendant.

However, in April last year, the plaintiffs withdrew the suit against Shabnam.

Source: https://www.thestar.com.my/news/nation/2026/09/29/decision-to-freeze-assets-on-jan-7

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