Pincer Movement To Seize PetroSaudi’s Frozen Assets

Pincer Movement To Seize PetroSaudi’s Frozen Assets

23 May 2024
1MDB has made its move to recover the $1.83 billion lost in the 1MDB joint venture with PetroSaudi. Success would appear to rely on a civil action that includes the white shoe law firm White & Case as defendants in the case. However, there is competition afoot from an continuing case in the United States to recover the bulk of the PetroSaudi assets made from Venezuela …..

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Why Are Sarawakians’ Rights To Local Democracy Being Hijacked?

Why Are Sarawakians’ Rights To Local Democracy Being Hijacked?

11 May 2024

Once again this week, the online Radio Free Sarawak has had reason to cover abuses of what ought to be the democratic appointment of village headmen in rural Sarawak. The pattern has become increasingly familiar in recent months, if complaints…

Power Of Engaging

Power Of Engaging

10 May 2024

The NGO Engage joined forces with press and freedom groups on Thursday to re-launch a fund to protect journalists and civil society campaigners from abusive and oppressive law suits designed to stifle public debate in Malaysia. Thomas Fann, the chairperson…

UK House of Lords Committee Hears Evidence On Terengganu’s Jail Sentence Against SR Editor

UK House of Lords Committee Hears Evidence On Terengganu’s Jail Sentence Against SR Editor

7 May 2024

On Tuesday afternoon in the UK, after a judge directed the editor of this website, Clare Rewcastle Brown, to personally attend her appeal against a two year jail sentence passed against her in absentia in Terengganu, the matter came up at…

Going ‘Green’ Requires Governance

Going ‘Green’ Requires Governance

26 Apr 2024

The GPS state government is plainly seeking to jump onto the carbon credit bandwagon, proclaiming alleged green policies. At the same time it is maximising the opportunities provided by a weak federal government by trumpeting its demand for total autonomy…

“The King now knows its me …. so I have to go back and eat shit”!

“The King now knows its me …. so I have to go back and eat shit”!

19 Apr 2024

The sensational PetroSaudi fraud trial, which has at times had the Swiss Federal Court sitting late into the night, finished neatly at the close of day on Friday. Summing up, the lawyers for the two defendants Tarek Obaid and Patrick…

PetroSaudi Prosecutors Demand A Decade In Jail For 1MDB JV Alleged Fraudsters!

PetroSaudi Prosecutors Demand A Decade In Jail For 1MDB JV Alleged Fraudsters!

17 Apr 2024

After a fractious two and a half weeks in the Swiss Federal Court in Bellinzona the prosecutors who have alleged serious fraud and aggravated money laundering charges against the two PetroSaudi directors, Tarek Obaid and Patrick Mahony, have finished their…

Tarek’s Royal Trump Cards

Tarek’s Royal Trump Cards

15 Apr 2024

The final day of questioning for the PetroSaudi defendant Tarek Obaid, charged in Switzerland with the theft of nearly two billion dollars from 1MDB, saw his lawyers once again name-dropping royal contacts. In their ongoing attempt to portray their client…

Tagged As A ‘Flight Risk’! – Obaid Is Slapped With Electronic Cuff

Tagged As A ‘Flight Risk’! – Obaid Is Slapped With Electronic Cuff

13 Apr 2024

The PetroSaudi boss and alleged mega-fraudster, Tarek Obaid, spent last week arguing in the Swiss Court that he needs secrecy and protection from Saudi Arabia. However a court order released on Friday has undermined those claims, indicating his earlier actions…

Speak Out And I Am Dead! – The Drama Continues In The Swiss PetroSaudi Trial

Speak Out And I Am Dead! – The Drama Continues In The Swiss PetroSaudi Trial

11 Apr 2024

It would appear that the alleged Saudi fraudster and money launderer, Tarek Obaid, was in fact some sort of Gulf version of 007: a secret agent acting on the direct instructions of the former King of Saudi Arabia. He cannot,…

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