The Kuala Lumpur Magistrates' Court has set Sept 30, 2018, for mention to allow court papers to be properly served on the Asian arms of international investment bank Goldman Sachs in the case linked to 1MDB's US$6.5 billion of bond issues.
Magistrate Mohamad Fared Bin Abdul Latif set the new mention date as requested by lawyer Hisyam Teh Poh Teik who acted for London-based Goldman Sachs International and its two other arms, Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore) Pte.
Hisyam also introduced David Cope to the court today as the representative for all three Goldman Sachs entities.
"Against Goldman Sachs (Asia), the summons was served on it last week and we need time to get further instructions from my client.
"We ask for another date, three months from now, at end-September to (allow me to) seek instructions from my client," he said.
Deputy public prosecutor Aaron Chelliah informed the magistrate that the issue involved in serving the court papers on Goldman Sachs (Asia) was due to the entity having two addresses.
He said it was registered in the United States but operates in Hong Kong.
"Our (prosecution) position is that Goodman Sachs (Asia) has been served (the court papers).
"However as my learned friend (Hisyam) has reservations on whether the entity (Goldman Sachs (Asia)) has been properly served, we have no objection to them seeking a further date.
"My instruction is to seek six weeks (from now for the next mention)," Chelliah said.
Hisyam, however, countered that the defence needed more time as there are several other entities and individuals charged with abetment to the primary offender, Goldman Sachs International.
He was referring to abetment charges filed against Goldman Sachs (Asia) and Goldman Sachs (Singapore), as well as former employees Tim Leissner and Roger Ng Chong Hwa.
Both the prosecution and defence also informed Fared that another case involving Goldman Sachs (Asia), which came up for mention earlier today before Kuala Lumpur magistrate Namirah Hanum Mohamed Albaiki, would be transferred to Fared's court.
Fared then set Sept 30, for the next mention, reminding both parties that by the new date, all of the cases would be brought before his court.
It was previously reported on March 18, that only Goldman Sachs (Singapore) appeared in the mention of the matter at the Magistrates' Court.
The prosecution was reported saying that they will serve summonses on the other two corporate entities, Goldman Sachs International and Goldman Sachs (Asia) to attend proceedings.
[More to follow] - Mkini
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