Global Royalty, to re-file a lawsuit against Rosmah for US$14.57 million worth of gems

Malaysia – Global Royalty Trading SAL, a Lebanese jewelry company, will re-file a lawsuit against Datin Seri Rosmah Mansor, suing for damages for 43 pieces of jewelry worth US$14.57 million (RM61 million) that are purportedly still in her possession.

When contacted after case management before High Court Judge Datuk Muhammad Jamil Hussin, Global Royalty’s attorney Datuk David Gurupatham confirmed the matter.

According to the lawyer, they have submitted an affidavit to affirm that during an investigation made by a Global Royalty official at the Bank Negara Malaysia (BNM) vault on October 25 to November 3, only one diamond bracelet belonging to Global Royalty was discovered from 44 pieces of jewelry claimed by Datin Seri Rosmah.

“Previously, we abandoned the civil complaint against her (Rosmah) in 2019 because we wanted to clarify whether or not the 44 jewelry items were at BNM. As a result, we’ll re-file the civil claim since we believe she still has 43 pieces of jewelry in her possession,” he explained.

According to the consignment agreement, if Rosmah did not return the jewelry to Global Royalty, she would be responsible for the whole cost of the jewelry.

Related Posts

The jewelry was one of several items confiscated by authorities in May 2018 from the premises of Obyu Holdings Sdn Bhd at Pavilion Residences, which were reportedly related to the 1Malaysia Development Berhad (1MDB) financial scandal.

Moreover, Gurupatham stated that the court has set a date for the hearing of claims for forfeiture of additional things found at the Obyu Holdings facilities, such as jewelry, watches, and purses, as well as spectacles, from May 23 to 27, 2022.

He also added that it includes a $220,000 diamond bracelet that belonged to Global Royalty as well and was discovered during the inspection at BNM.

Faten Hadni Khairuddin, Deputy Public Prosecutor, verified the date.

The prosecution filed a forfeiture action against Obyu Holdings in 2019 to confiscate different assets, including 11,991 pieces of jewelry, 401 watch bands and 16 watch accessories, 234 pairs of eyeglasses, and 306 handbags, as well as RM114,164,393.44 in cash in different denominations.

Katherine S

1/4 German, 3/4 Malaysian. I write, follow and monitor closely political news happening in Malaysia, and other happening news in the ASEAN region. Newswriter for the best ASEAN news website - The Asian Affairs.

Recent Posts

Vietnam International Defense Expo 2024

The 2024 Vietnam International Defense Expo was inaugurated by the Prime Minister Pham Minh Chinh on December 19, 2024 and…

December 22, 2024

Shooting concludes: Stranger Things 5 to release on Netflix in 2025

Created by the Duffer Brothers, Stranger Things is one of the most popular sci-fi horror series globally. It is set…

December 21, 2024

China’s Hypersonic Expansion in Asia Raises Alarms for India

According to the US Department of Defense, China has now produced the most sophisticated supply of hypersonic weapons in the…

December 21, 2024

Melaka International Halal Festival 2024

The Melaka International Halal Festival 2024 aims to turn the city as the prime center of the Halal products and…

December 21, 2024

Chunichi Dragons Renews the Contract of Hiroto Takahashi with Annual Salary of 120 million yen

On Saturday, the stalwart of Chunichi Dragons Pitcher, Hiroto Takahashi attended the negotiation for his contract renewal for the next…

December 21, 2024

Biden-Harris administration cancels another $4.28 billion in US student loans

US President Joe Biden has cancelled another $4.28 billion in student loans for nearly 55,000 people across the country, the…

December 20, 2024

This website uses cookies.

Read More