KUALA LUMPUR: The government is seeking to prohibit PetroSaudi International (PSI) Ltd and its director Tarek Obaid from using the more than US$340mil (RM1.45bil) linked to 1Malaysia Development Bhd (1MDB) and stashed in a client’s account at a United Kingdom law firm.
In the notice of motion which was filed on July 10, the government said the money was related to an offence under Section 4(1) of the Anti-Money Laundering,
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