Forfeiture suit hearing against PetroSaudi postponed to Nov 10

The Kuala Lumpur High Court has postponed the hearing of the government’s US$340 million 1MDB-linked forfeiture suit against PetroSaudi International Limited and four others from Oct 5 to Nov 10.

Judge Mohd Nazlan Mohd Ghazali today allowed the postponement due to "new development where parties need to review their respective position and take instruction”...