The High Court in Kuala Lumpur today dismissed an application by Prime Minister Najib Abdul Razak, 1MDB and the government to strike out a suit filed by a group of Pakatan Harapan Youth leaders who are challenging the payment made to International Petroleum Investment Company (IPIC).
Justice Hue Siew Kheng said the youths from Gerakan Anak Muda Tolak Najib (GANT1) have the locus standi (legal standing) to initiate the suit as concerned citizens, based on Second Finance Minister Johari Abdul Ghani's statement on Aug 1, 2016, that Malaysia would contest IPIC's claim in the Court of International Arbitration.
Their lawyer Haniff Khatri Abdulla said in less than a year after the statement, 1MDB had agreed, after a mediation, to pay IPIC via two tranches...