KUALA LUMPUR: The suit filed by 1Malaysia Development Berhad (1MDB) against seven parties including two overseas banking firms will be heard by another judge.
A lawyer from Messrs. Rosli Dahlan Saravana Partnership when contacted by reporters confirmed that during today's online case management, High Court Judicial Commissioner (JC) Roz Mawar Rozain said she recused herself from hearing the case.
“The case will be transferred to another court and the date for case management will be fixed later,“ said the lawyer.
It is understood that Roz Mawar previously held the position of deputy director of prosecution and civil enforcement of the Securities Commission Malaysia, which is one of the agencies involved in the 1MDB investigation.
On May 7 last year, 1MDB as the plaintiff filed a suit worth US$1.83 billion against the seven defendants, for alleged breach of contract, negligence and criminal conspiracy for the misappropriation of 1MDB funds.
1MDB named Deutsche Bank (Malaysia) Bhd, Coutts & Co, J.P. Morgan (Switzerland), Petrosaudi International, Petrosaudi Holdings (Cayman), Tarik Obaid and Patrick Mahony as first to seventh defendants.
The plaintiff alleged that all the defendants conspired to defraud 1MDB, and provided dishonest assistance causing losses to the company as well as damaging 1MDB's reputation and good name.
Yesterday, Roz Mawar recused herself from hearing the 1MDB suit against former treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah and former 1MDB chief executive officer Arul Kanda Kandasamy.-Bernama