It was scheduled to be heard today but will now be heard on Oct 5.

This follows an application by lawyer Alex Tan who told judge Mohd Nazlan Mohd Ghazali that he needed time to obtain instruction from a London-based director of PSI’s South American subsidiary, PetroSaudi Oil Services (Venezuela) Ltd.

“There will be no prejudice to the applicant (government) if the hearing is adjourned,” Tan told Nazlan, adding that there was no objection from deputy public prosecutor Muhammad Izzat Fauzan.

Tan said his client would continue to respect a July 16 order by this court that granted a temporary order restraining PSI and its director Tarek Obaid from using the US$340 million in alleged 1MDB funds kept in a client’s account at a UK law firm.

Izzat said the Attorney-General’s Chambers had no objection to the postponement.

Nazlan then ordered Tan’s client to file his affidavit in response to the government by Sept 22.

He also ordered both parties to file written submissions by Sept 30 and fixed hearing for Oct 5.

Nazlan had on Aug 28 fixed today to hear the government’s application to obtain the restraining order under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

Besides the US$340 million, the government is also seeking to bar the use of money kept in a bank account under the name Temple Fiduciary Services Ltd, the amount of which has not been stated.

Malaysian Anti-Corruption Commission (MACC) investigating officer Mohd Afiq Abd Aziz affirmed an affidavit for the application of the prohibition order.

MACC had claimed the money was related to a conspiracy to defraud 1MDB involving Tarek, Low Taek Jho and former prime minister Najib Razak.