1MDB, Najib agree to temporary hold on US$8b lawsuit

Hidir Reduan Abdul RashidPublished: Feb 11, 2022 4:08 AM | Updated: Feb 11, 2022 4:12 AM

Sovereign wealth fund 1MDB's US$8 billion (RM33.5 billion) civil action hearing against Najib Abdul Razak and several others will not proceed until the disposal of the former prime minister's related criminal case.

This was the mutual agreement reached between 1MDB and Najib, who was the former chairperson of the fund's board of advisors, during case management before the Kuala Lumpur High Court this morning.

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