How much must Najib pay in costs to 1MDB and its subsidiaries?

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Najib Ordered to Pay RM30,000 in Costs to 1MDB and Subsidiaries

The Federal Court has ordered former prime minister Datuk Seri Najib Razak to pay RM30,000 in costs to 1Malaysia Development Berhad (1MDB) and its four subsidiaries. This decision follows the dismissal of Najib's application for leave to appeal a previous ruling that denied him the right to attend proceedings related to the 1MDB civil lawsuit. The court found no compelling reason to grant leave for the appeal.
Federal Court Denies Leave to Appeal

A three-member Federal Court bench, comprising Chief Judge of Sabah and Sarawak Tan Sri Abdul Rahman Sebli, and Federal Court judges Datuk Rhodzariah Bujang and Datuk Hanipah Farikullah, unanimously dismissed Najib's application. Chief Judge Abdul Rahman stated that the court was not persuaded that the case warranted the exercise of its discretion to grant leave under Section 96 of the Courts of Judicature Act 1964, deeming the matter academic.
Background of the Legal Proceedings

Najib had sought to attend the proceedings concerning a Mareva Injunction obtained by 1MDB and its four subsidiaries, 1MDB Energy Holdings Limited, 1MDB Energy Limited, 1MDB Energy (Langat) Limited, and Global Diversified Investment Company Limited. The High Court initially dismissed Najib's application to be present in these proceedings on November 10, 2022. His subsequent appeal to the Court of Appeal was also dismissed on November 24, 2023.
Purpose of the Mareva Injunction

The Mareva injunction, granted by the High Court on February 8, 2022, and upheld on an inter partes basis on September 27 last year, aims to freeze Najib's assets pending the determination of the civil suit. This order restricts Najib to withdrawing a maximum of RM100,000 per month for living and legal expenses, requiring written permission from 1MDB and Global Diversified's lawyers for any larger withdrawals. A Mareva injunction is a legal mechanism designed to prevent a party from disposing of their property before a legal action concludes.

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How much must Najib pay in costs to 1MDB and its subsidiaries?

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