1MDB and 10 other companies suing Rosmah for luxury items worth USD346 mln

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1MDB and 10 other companies suing Rosmah for luxury items worth USD346 mln
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KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) and 10 other companies have filed a lawsuit against Datin Seri Rosmah Mansor over the purchase of lu...

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: 1Malaysia Development Berhad and 10 other companies have filed a lawsuit against Datin Seri Rosmah Mansor over the purchase of luxury items amounting to over US$346 million, alleged to have been obtained from misappropriated 1MDB funds.

The other five companies are Affinity Equity International Partners Limited; Alsen Chance Holdings Limited; Blackrock Commodities Limited; Blackstone Asia Real Estate Partners Limited; and Brightstone Jewellery Limited, listed as the seventh to eleventh plaintiffs. The plaintiffs are contending that the luxury items, such as jewelry, watches, and handbags, were acquired or obtained by Rosmah or the second defendant not with Rosmah’s personal funds, but rather with funds misappropriated from the first to sixth plaintiffs.

Therefore, among other claims, all the companies are demanding that Rosmah pay USD346,010,489 or such other amount as the court may deem appropriate.

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