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COMMENT | Why did Anwar withdraw US$248m suit against Riza?
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COMMENT | Yes, I know it was 1MDB which withdrew the civil suit of US$248 million (RM1.09 billion) against Najib Abdul Razak’s stepson Riza Aziz, but such an instruction could have only come from Finance Minister (and Prime Minister) Anwar Ibrahim.

This is because the memorandum and articles of association of 1MDB under Article 117 require that all major decisions at the so-called strategic development company must have the written approval of the prime minister.

Even if this clause no longer applies or has been changed, the only shareholder of 1MDB is the Minister of Finance Incorporated, a corporate body that operates under and reports to the finance minister.

That means such an important decision involving over RM1 billion must involve the finance minister, in this case, Anwar. 


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