New judge to hear Riza Aziz’s 1MDB money laundering case

This article first appeared in The Edge Financial Daily, on March 13, 2020.
New judge to hear Riza Aziz’s 1MDB money laundering case
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KUALA LUMPUR: Sessions Court judge Azman Ahmad will hear the money laundering case involving Datuk Seri Najib Razak’s stepson Riza Shahriz Abdul Aziz and 1Malaysia Development Bhd (1MDB) funds, replacing Sessions Court judge Rozina Ayob, who recused herself last month.

It was reported that Justice Rozina decided to recuse herself from hearing the case as her brother Datuk Norazman Ayob, who is a 1MDB director, is also a potential witness in the case.

At the Sessions Court, Justice Azman fixed April 6, 2020 for mention after Deputy Public Prosecutor Wan Shaharuddin Wan Ladin asked for a mention date to fix possible dates for the trial.

Riza is facing five money laundering charges involving US$248.17 million (RM1.18 billion) allegedly misappropriated from 1MDB.

He is charged under Malaysia’s Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

He is accused of receiving the 1MDB-linked funds through the bank accounts of Red Granite Productions Inc between April 12, 2011 and Nov 14, 2012.

The money was transferred into Red Granite’s bank accounts in the US and Singapore from the Switzerland bank accounts of Good Star Ltd, which is linked to fugitive businessman Low Taek Jho (Jho Low).