Irwan fails in bid to involve six individuals as third parties in 1MDB suit

KUALA LUMPUR: Former 1Malaysia Development Bhd (1MDB) chairman Tan Sri Mohd Irwan Serigar Abdullah has failed in his bid to include six other individuals as third parties in the US$6.59bil (RM28.5bil) lawsuit filed against him by 1MDB. High Court Commissioner Raja Ahmad Mohzanuddin Shah Raja Mohzan granted the application of the six individuals to dismiss the...

Arul Kanda, Mohd Irwan cannot be liable for 1MDB’s losses, court hears

KUALA LUMPUR: The High Court here on Monday (July 23) was told that former 1Malaysia Development Berhad (1MDB) chief executive officer Arul Kanda Kandasamy and its former chairman Tan Sri Mohd Irwan Serigar Abdullah cannot be liable for losses incurred by the company due to irregularities committed by others. Arul Kanda's counsel, Sanjay Mohan, submitted that...