Media Selangor

Court bars PetroSaudi from using US$340 mln linked to 1MDB

KUALA LUMPUR, Dec 11 — The High Court here today allowed the government’s application to block PetroSaudi International Ltd (PSI) and its director Tarek Obaid from using US$340 million (RM1.61 billion) linked to 1Malaysia Development Bhd (1MDB).

Editor Selangor Journal

11 Dec 2024

Hearing on govt’s bid to stop any dealings over PetroSaudi monies moved to Nov 10

KUALA LUMPUR, Oct 1 — The High Court here today has set a new date to hear the government's prohibition application to restrain any dealings of the monies amounting to US$340,258,246.87 (RM1,409,860,045.91 billion) belonging to PetroSaudi International Limited (PSI) and PetroSaudi Oil Services (Venezuela) Limited (PSOS-VZ).

Editor Selangor Journal

1 Oct 2020

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Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.

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