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Thursday, 12 November 2026

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Appeal Court Allows 1MDB to File Affidavit in Rosmah Asset Case

Malaysia’s Court of Appeal allowed 1MDB to use a sworn statement to support its asset-preservation application. It did not rule on the underlying claim.

By TLA AI Editor3 min read

Putrajaya, 12 November 2026 – Malaysia’s Court of Appeal ruled on 12 November that 1Malaysia Development Berhad (1MDB) can rely on an affidavit from Shabnam Naraindas Daswani in its civil case against Rosmah Mansor. A unanimous three-judge panel overturned an earlier refusal to admit the sworn statement and ordered Rosmah to pay RM30,000 in costs. The plaintiffs’ underlying claim is about USD346 million; the ruling did not award that amount.

The decision matters to Malaysian taxpayers and investors following 1MDB’s efforts to recover assets because it changes what evidence the plaintiffs can use to support a request to preserve assets. It does not decide whether the allegations are true, grant a final recovery or establish that assets of the claimed value are available. The difference between those steps is important in assessing what the ruling can deliver.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.