KUALA LUMPUR, Feb. 24 -- 1Malaysia Development Bhd (1MDB) has withdrawn its US$248 million civil suit against Riza Aziz - stepson of former prime minister Datuk Seri Najib Razak - and his Hollywood production company, Red Granite Pictures.
The withdrawal was made at the High Court here on Monday, though no reason was provided, according to a report published in The Edge today.
The case, which began on October 16 last year before judge Datuk Raja Ahmad Mohzanuddin Shah Raja Mohzan, had already entered the defendant's (Riza's) stage last week.
However, when proceedings were set to continue on Monday, 1MDB's lead counsel, Rabindra S Nathan of Messrs Shearn Delamore, informed the court that he had received instructions to drop the lawsuit.
...