KUALA LUMPUR: In response to the Malaysian Anti-Corruption Commission’s (MACC) request for documents from attorney Chetan Jethwani and his firm regarding the 1Malaysia Development Bhd (1MDB) agreement between the Malaysian government and Ambank, Goldman Sachs has submitted an application to intervene.
Prosecutors received notice of the motion and an affidavit from Goldman Sachs on November 7, according to Deputy Prosecutor Law Chin How. They require time to examine the materials.
“The goal of today’s hearing is to move the case to a different High Court, but the prosecution asked for a postponement because of Goldman Sachs’ involvement.
“Our request is to address the intervenor issue prior to case transfer,” he stated on Thursday during the case management meeting with Superior Court Judge Muhammad Jamil Hussin.
Datuk Seri K. Kumaraendran, Chetan’s attorney, did not object to the motion to pause the transfer procedure.
Krishna Dallumah, an attorney for Goldman Sachs, acknowledged the situation in the meantime and asked that the receiver’s motion be considered on January 8, 2024.
“Goldman Sachs, which is pursuing the case with Datuk Prem Ramachandran, wishes to be an intervenor as its rights have been affected, particularly under Section 126 of the Evidence Act 1950 relating to confidential documents,” stated Krishna.
Judge Muhammad Jamil scheduled the hearing on Goldman Sachs’ receivership motion for January 8, 2024, and the prosecution’s plea to move the case to a different High Court for February 2.
MACC submitted the application on October 11 and listed Chetan and his legal practice, Chetan Jethwani & Co., as respondents.
MACC requested that the defendants disclose ten documents, including Chetan’s appointment letter as a lawyer for Goldman Sachs, his personal bank accounts, and the bank accounts of his legal practice, based on the documents that were obtained by the media.
According to MACC, the records were required to verify Chetan’s appointment as Goldman Sachs’ attorney during the 1MDB transaction between the bank and the Malaysian government.
Mohamad Sabri Mohd Latif, the MACC investigating officer, stated in his affidavit in support of the notice of motion that Chetan and his legal firm are the subject of an ongoing investigation regarding allegations of accepting bribes and suspicions of money laundering related to the 1MDB agreement process between the Malaysian government. Both Goldman Sachs and Ambank. – Manila
