PetroSaudi, Tarek Obaid apply to amend interim order obtained by govt to block 1MDB-linked funds worth RM1.44bil


KUALA LUMPUR (Bernama): PetroSaudi International Ltd (PSI) and its director, Tarek Obaid, are seeking to amend an interim order obtained by the government to prohibit them from moving over US$340mil (RM1.44bil), that is linked to 1Malaysia Development Berhad (1MDB) and kept in a client’s account at a UK law firm, to other entities.

PSI and Tarek filed the application to amend the interim order on July 24.

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