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Local shares fell on Friday as investors make last-minute adjustments to their portfolios ahead of the main index’s rebalancing, while unease over rising infections grows. 
The prosecution failed to provide documentary evidence to prove 1MDB funds flowed into Najib Abdul Razaks bank account, the Kuala Lumpur High Court heard today.
The former prime ministers counsel Tania Scivetti submitted this during the hearing of the governments lawsuit to forfeit alleged 1MDB-linked monies and assets from Najib and 17 others.
On May 8, 2019, the Attorney-Generals Chambers (AGC) filed the 1MDB-linked forfeiture suit against Najib and 17 others, comprising individuals and companies.
The legal action is over the seizure of hundreds of items including luxury handbags and 27 vehicles from the 18 respondents.
During the forfeiture suit hearing before judge Mohamed Zaini Mazlan, Scivetti contended that there were material gaps in the prosecution’s narrative on how the money in Najibs bank account originated from 1MDB.
She contended that the prosecution failed to…
