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10-03-2025, 08:59 AM
Najib’s stepson gets 1MDB money again
Kuala Lumpur High Court has ordered 1MDB to pay RM225,000 to Najib Abdul Razak's stepson Riza Abdul Aziz and his two companies. This is for costs after 1MDB withdrew its US$248 million civil suit against Riza. Riza is accused of having received the sum misappropriated from 1MDB, which among others, was used to finance the film “The Wolf of Wall Street". In 2020, criminal trial against him was halted after he committed to return US$107.3 million to the Msian govt. This is on top of US$57 million that was forfeited by Riza's film company Red Granite Pictures.
In the civil suit, a senior MACC officer testified that Najib's stepson was working towards a global settlement on the total sum alleged to have been misappropriated.
Kuala Lumpur High Court has ordered 1MDB to pay RM225,000 to Najib Abdul Razak's stepson Riza Abdul Aziz and his two companies. This is for costs after 1MDB withdrew its US$248 million civil suit against Riza. Riza is accused of having received the sum misappropriated from 1MDB, which among others, was used to finance the film “The Wolf of Wall Street". In 2020, criminal trial against him was halted after he committed to return US$107.3 million to the Msian govt. This is on top of US$57 million that was forfeited by Riza's film company Red Granite Pictures.
In the civil suit, a senior MACC officer testified that Najib's stepson was working towards a global settlement on the total sum alleged to have been misappropriated.
