KUALA LUMPUR (October 13): Law firm Messrs Valen, Oh & Partners has requested to discharge representation of Puan Sri Goh Gaik Ewe, the mother of fugitive businessman Low Taek Jho, in the lawsuit brought by 1Malaysia Development Bhd (1MDB) and its four subsidiaries.
The company filed the request on Monday (October 10). Messrs Valen, Oh & Partners had previously represented Low, better known as Jho Low, and his father Tan Sri Larry Low Hock Peng, before handing over representation of the duo earlier this year, but that was after a Mareva injunction was imposed on the father. and son.
While handling the case last Thursday (October 6), the firm advised Principal Deputy High Court Registrar Haslinda A Raof that her engagement with Goh would end, leading the firm to file the application for discharge Monday.
Haslinda then set Thursday, Oct. 13 to Oct. 27, to continue handling the case of the law firm’s request to discharge and possibly set a trial date.
She also set October 20 for the handling of the case of the elimination of the incarceration proceedings against Jho Low and Hock Peng, and the replacement service to Jho Low’s accomplice, Eric Tan Kim Loong.
The committal proceedings against Jho Low and Hock Peng are scheduled for a hearing next Monday (October 17) before High Court Judge Hayatul Akmal Abdul Aziz.
However, Jho Low and Hock Peng are not represented, while 1MDB and its four subsidiaries – 1MDB Energy Holdings Ltd, 1MDB Energy (Langat) Ltd, 1MDB Energy Ltd and Global Diversified Investment Company Ltd – are represented by Messrs. Skrine led by Kumar Kanagasabai.
On March 15, Hayatul Akmal granted the ex-parte Mareva injunction against Jho Low and Hock Peng to freeze their assets, which amounted to US$1.43 billion, and for them both to list those assets. and give their current address to MM. Skrine.
The injunction was upheld by the judge at another hearing on May 15 – after considering submissions from 1MDB and Global Diversified Investment Company, as well as Jho Low and Hock Peng, who were then represented by Messrs. Valen, Oh & Partners.
However, Messrs. Valen, Oh & Partners were released last July, after obtaining authorization from the court. It came after his previous bid not to act for the duo was barred by the court until proper court documents were served, which he did at US law firm Kobre & Kim.
The $1.43 billion in funds or assets sought in the Mareva injunction are part of the $3.78 billion claim that 1MDB is seeking from Jho Low and his father, as well as Goh, the brother of Jho Low, Taek Szen, his sister May Lin and Tan, who were named defendants in the lawsuit filed in May last year.
From Goh, the companies are seeking her to return either $1.695 million worth of jewelry or a return of that amount.
In addition to restitution of funds or assets, 1MDB and its affiliates are also seeking damages to be assessed by the court.
Court sets October 17 to start committal proceedings against Jho Low and his father
Court allows 1MDB writ against Jho Low and five others to be amended again