Court of Appeal revives 1MDB bid to challenge US$3.7b judgment against Jho Low and father

The Court of Appeal in Malaysia has granted 1Malaysia Development Berhad (1MDB) and its subsidiaries another opportunity to contest a High Court decision that required fugitive financier Jho Low and his father to pay over US$3.7 billion.

The appellate court has ordered a fresh hearing before a different High Court judge, with case management set for October 26.

This appeal follows the Kuala Lumpur High Court's earlier refusal to set aside a judgment in default, initially granted due to the defendants' breach of a Mareva injunction.

Neither Jho Low nor his father appeared in court for the proceedings.

PETALING JAYA, Oct 19 — The Court of Appeal today gave 1Malaysia Development Berhad (1MDB) and four of its subsidiaries another chance to challenge a High Court ruling that ordered fugitive financier Low Taek Jho, better known as Jho Low, and his father, Larry Low Hock Peng, to pay more than US$3.7 billion.

According to Free Malaysia Today (FMT), the three member bench, chaired by Justice Azhahari Kamal Ramli, directed that the application be heard afresh before a different High Court judge. Case management has been fixed for October 26.

Justice Azhahari, sitting with Justices Ahmad Kamal Shahid and Alice Loke, made no order as to costs.

The appeal stemmed from the Kuala Lumpur High Court’s refusal last year to set aside a judgment in default obtained by the five companies in 2022.

That judgment was entered after the defendants’ defences were struck out for breaching a Mareva injunction, which prohibits parties from dissipating assets.

The five companies had asked for the judgment to be set aside so the case could proceed to a full trial and allow them to seek wider remedies against Jho Low and his father.

However, the High Court dismissed the application on the ground that it was filed out of time.

Lawyer Lee Shih, assisted by Priyadana Annadurai, appeared for 1MDB and its subsidiaries. Neither Jho Low nor his father was present or represented in court.

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马来西亚上诉法院给予一马发展有限公司（1MDB）及其子公司另一次机会，对高等法院要求逃亡金融家刘特佐及其父亲支付超过37亿美元的裁决提出异议。

上诉法院已下令由另一位高等法院法官重新审理此案，案件管理听证会定于 10 月 26 日举行。

此前，吉隆坡高等法院拒绝撤销缺席判决，该判决最初是由于被告违反了马瑞瓦禁令而作出的。此次上诉正是针对这一拒绝。

刘特佐及其父亲均未出庭参加庭审。

八打灵再也，10 月 19 日讯——上诉法院今天给予一马发展有限公司（1MDB）及其四家子公司再次挑战高等法院裁决的机会。该裁决命令逃亡金融家刘特佐（又名 Jho Low）及其父亲刘福平支付超过 37 亿美元的赔偿金。

据《今日自由马来西亚》（FMT）报道，由阿扎哈里·卡迈勒·拉姆利法官担任主席的三人法官小组指示，该申请应由另一位高等法院法官重新审理。案件管理听证会定于10月26日举行。

阿扎哈里法官与艾哈迈德·卡迈勒·沙希德法官和艾丽斯·洛克法官一起审理此案，未就诉讼费用作出任何裁决。

此次上诉源于吉隆坡高等法院去年拒绝撤销五家公司在 2022 年获得的缺席判决。

该判决是在被告的辩护因违反马雷瓦禁令而被驳回后作出的，该禁令禁止当事人转移资产。

这五家公司要求撤销判决，以便案件能够进行全面审判，并允许他们寻求对刘特佐及其父亲更广泛的补救措施。

然而，高等法院以申请逾期为由驳回了该申请。

律师李石（Lee Shih）及其助手普里亚达纳·安纳杜莱（Priyadana Annadurai）代表1MDB及其子公司出庭。刘特佐及其父亲均未出庭，也未委托律师代表。

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