Tag: regulatory investigations


  • Prohibition Order on PetroSaudi Director Extended for Three Months by Malaysian Court

    Prohibition Order on PetroSaudi Director Extended for Three Months by Malaysian Court

    Background: Prohibition Order and Its Purpose A prohibition order linked to PetroSaudi was issued last year as part of an ongoing government investigation. The order restricts certain activities by a named director and serves to preserve assets and information relevant to the probe. Justice Noor Ruwena Md Nurdin granted a three-month extension to ensure investigators…