Saturday, 11 May 2024

1MDB goes after its Fat Mama who allegedly used RM1.6 billion to buy herself luxury goods

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No News Is Bad News

A Singapore Straits Times May 11 news report on the wife of disgraced and shameless former ptrimer minister Najib “1MDB” Razak.

1MDB goes after its Fat Mama who allegedly used RM1.6 billion to buy herself luxury goods

KUALA LUMPUR, May 11, 2024: Now it’s Rosmah Mansor, wife of digraced and shameless former prime minister Najib Razak, who is making international news headlines on the 1Malaysia Development Berhad (1MDB) financial scandal.

1MDB, SRC International Sdn Bhd and other subsidiaries have taken legal action against Rosmah for allegedly stealing more than US$350 million (RM1.6 billion) from them to buy luxury goods.

They are now going after their former Fat Mama who they once feared.

Imagine how RM1.6 billion could have been used to help rural Malays. But, unfortunately for the rural Malays and Umno, they have no idea what RM1.6 billion is? The number of zeros in RM1.6 billion is just too blinding for them to see.

No News Is Bad News reproduces below a news report on the legal action 1MDB has taken against Fat Mama:

MALAYSIA

1MDB, SRC take legal action against Rosmah over US$350 mil luxury goods

Rosmah, Shabnam Naraindas Daswani named as defendants

Updated 16 hours ago · Published on 10 May 2024 5:33PM

 

SEVERAL companies have taken legal action against Datin Seri Rosmah Mansor for allegedly obtaining luxury goods through misappropriated funds to the tune of US$350 million, The Edge reported.

The plaintiffs claim that jewellery, watches and handbags were obtained from funds from 1Malaysia Development Bhd (1MDB), SRC International Sdn Bhd and other subsidiaries.

According to court documents filed on May 9, Rosmah, along with Shabnam Naraindas Daswani (also known as Natasha Mirpuri), were named as defendants.

The plaintiffs claimed that Shabnam Naraindas had purchased or procured the luxury items on behalf of the wife of imprisoned former prime minister Datuk Seri Najib Razak.

The plaintiffs' lawyers from Messrs Lim Chee Wee Partnership in their pleadings filed that a total of 320 such payments totalling US$346,010,489 were made.

The plaintiffs want Rosmah to return any of these items in her possession and to pay a sum of US$346,010,489, or an amount to be assessed by the court.

They also want the second defendant to pay them a sum to be determined by the court.

Case management for the matter has been set for May 24.

Last year, a jeweller from Lebanon sued Rosmah demanding she pay US$14.6 million (RM67.5 million) for violating a contract for 43 pieces of jewellery sent to her five years ago.

Global Royalty Trading SAL, based in Beirut, in its statement of claim, said Rosmah, 71, had lied in her affidavit and statement of defence by saying the jewellery – including diamond necklaces, earrings, rings, bracelets and tiaras sent to her by the company’s agent – were seized by Malaysian authorities for offences under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.– May 10, 2024.

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