Claims that Najib and his cronies pilfered massive sums from the fund and spent it on everything from real estate to artwork contributed to the defeat of his long-ruling coalition to a reformist alliance.
The hearing will now begin next Monday to allow time for the completion of a previous trial that revolves around former 1MDB unit SRC International, a Kuala Lumpur High Court judge said.
Goldman Sachs has been under scrutiny for its alleged role in helping to raise funds through bond offerings for 1Malaysia Development Bhd (1MDB).
Soon after the end of the Najib Razak-led government, cartoonist Zulkiflee SM Anwar Ulhaque no longer faced a travel ban and the new administration dropped sedition charges against him.
The Malaysian producer of Hollywood film "The Wolf of Wall Street", Riza Aziz is accused of receiving $248.17 million in 2011 and 2012 in illegal proceeds that originated from the scandal-hit Malaysian fund, 1MDB.
Billions of dollars were looted from the investment vehicle and spent on everything from yachts to expensive artwork, in a fraud allegedly involving disgraced ex-premier Najib Razak and his cronies.
US will return about $196 million in the first instalment of funds recovered from asset seizures, US ambassador to Malaysia Kamala Shirin Lahkdhir said.
"I think they know it is our money, so they will give back our money," Malaysia's Prime Minister Mahathir Mohamad told a news conference after confirming the $200 million figure.
After repeatedly trying to delay his awaiting trial for plundering billions of dollars from the 1MDB wealth fund, Malaysia's ex-PM Najib Razak arrives in court.
The 91 metre superyacht Equanimity is among assets allegedly bought by fugitive financier Low Taek Jho and his associates with money taken from the fund, US and Malaysian investigators have said.
The US requested the extradition of Ng Chong Hwa – a Malaysian former managing director at the bank – over the 1MDB money laundering and corruption scandal, which played a role in the electoral defeat of former prime minister Najib Razak.
Criminal charges filed against US investment bank and two of its former bankers in connection with bond offerings with Malaysian officials saying $2.7 billion was dishonestly misappropriated from bond issuances.
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