KUALA LUMPUR: The court proceedings for the US$8 billion civil suit by 1Malaysia Development Berhad (1MDB) and its four subsidiaries against Datuk Seri Najib Tun Razak and seven others has been put on hold until the former prime minister's criminal case related to 1MDB is concluded.
Najib's counsel Tan Sri Muhammad Shafee Abdullah, told reporters that this was after all the parties involved reached a mutual agreement to stay the proceedings.
"As such, Datuk Seri Najib's application for a stay of proceedings in the civil suit is withdrawn," he told reporters after attending Najib's application to stay proceedings before High Court Judicial Commissioner in chambers today.
The matter was confirmed by lawyer Datuk DP Naban representing 1MDB and its subsidiaries - 1MDB Energy Holdings Limited, 1MDB Energy Limited, 1MDB Energy (Langat) Limited and Global Diversified Investment Company Limited, formerly known as 1MDB Global Investments Limited, as the plaintiffs.
All the companies filed the civil suit on May 7, 2021, and named Najib; former 1MDB finance director Terrence Geh Choh Heng; former counsel Jasmine Loo Ai Swan; former executive director Casey Tang Keng Chee; former chief investment officer Vincent Beng Huat Koh; former chief operating officer Radhi Mohamad; former investment director Kelvin Tan Kay Jim; and former SRC International Sdn Bhd chief executive officer Nik Faisal Ariff Kamil, as defendants.
This was one of the 22 civil suits filed to claim over US$23 billion on behalf of 1MDB and its former subsidiary SRC International Sdn Bhd against several individuals allegedly involved in the financial scandal.
In the writ of summons, all plaintiffs among others claimed that the defendants had committed a breach of trust, breach of statutory duty, abuse of power, and conspired and misappropriated 1MDB funds.
Najib, 68, who is Pekan Member of Parliament, faces four charges of abusing his position to corruptly obtain RM2.3 billion from 1MDB and 21 money laundering charges involving the same funds.
Najib is also being tried with former 1MDB chief executive officer Arul Kanda Kandasamy for alleged tampering of the 1MDB final audit report.
-- BERNAMA
Bernama
Fri Feb 11 2022
Najib faces four charges of abusing his position to corruptly obtain RM2.3 billion from 1MDB and 21 money laundering charges involving the same funds. - Astro AWANI
Ramsay reveals hundreds of lucky cat statues stolen from new restaurant
Gordon Ramsay says about 477 Japanese cat models called maneki-neko were stolen from his Lucky Cat 22 Bishopsgate restaurant.
Zayn Rayyan case: Two child witnesses complete testimony today
So far, 20 prosecution witnesses, including the two children, have been called for this trial, according to the Deputy Public Prosecutor.
Macron says he will tell Trump not to be weak with Putin in Washington visit
Emmanuel Macron says showing any weakness to Russia's Vladimir Putin would make it harder to deal with China and Iran.
Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas
Netanyahu accuse Hamas of acting "in an unspeakably cynical manner" by placing body of a Gaza woman in the coffin instead of Shiri Bibas.
Trump pulls US out of key global climate assessment, sources say
The US is a co-chair along with Malaysia of a working group on climate mitigation, or ways to reduce greenhouse gas emissions.
Japan to court Tesla on Nissan investment, FT reports
The group hopes Tesla will invest strategically, believing it's interested in acquiring Nissan's US plants, the report says.
185 children linked to GISB handed over to families - Exco
The children have been handed over to their families on bond with conditions by the court.
IRS fires 6,000 employees as Trump slashes US government
The move will eliminate roughly 6% of the agency's workforce in the midst of the busy tax-filing season.
Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei
This is the chainsaw for bureaucracy, says Elon Musk.
![[OPINION] For never again the world must know more about the Khojaly genocide](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-02/41740112820_KhazarUniversity.jpg "[OPINION] For never again the world must know more about the Khojaly genocide")
[OPINION] For never again the world must know more about the Khojaly genocide
For Azerbaijanis, the Khojaly genocide is more than a historical event - it is a collective trauma that shapes their identity and worldview.
Israeli military says body released by Hamas is not of a hostage
Two bodies were identified as infants, but a third, believed to be their mother, Shiri, didn't match any hostage and remains unidentified.
Key takeaways from Trump-Putin talks: Ukraine, energy, NATO, sanctions
Here's what is known so far about what was discussed.
![[COLUMNIST] Whose rights? Islam, eurocentrism and the limits of human rights](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-09/41726025526_UnitedNations.jpg "[COLUMNIST] Whose rights? Islam, eurocentrism and the limits of human rights")
[COLUMNIST] Whose rights? Islam, eurocentrism and the limits of human rights
For as long as rights are understood on Occidental terms, problems would inevitably remain. What is needed is an appreciation of diversity.
Argentina court clears 3 accused in singer Liam Payne's death
The court upheld the pre-trial detention of a hotel employee and a restaurant waiter held since last month.
Spanish ex-soccer boss Rubiales sentenced to pay fine over kiss without consent
Court also acquits Luis Rubiales' three co-defendants accused of attempting to coerce Jenni Hermoso into saying the kiss was consensual.
King’s health significantly improved after treatment - PM
Datuk Seri Anwar Ibrahim says he had the opportunity to seek an audience with the King twice during his official visit to Bahrain.
Why Trump wants the US Department of Education shut down
The vast majority of US children attend the country's free public schools, which are a big employer and economic engine.
How did a jet flip upside down on a Toronto runway and everyone survive?
Here is what we know about this accident and similar crashes.
TIMELINE - Trump's remarks on plan to take over Gaza, displace Palestinians
The plan has been condemned globally, with Palestinians, Arab nations and rights experts saying it was tantamount to "ethnic cleansing."
'No to drugs' signboards mooted as condition for concert permit
Datuk Hussein Omar Khan says it was part of their recommendations as efforts to curb drug taking at entertainment events.