The High Court will announce its decision on whether or not to return the various jewellery, luxury watches and handbags confiscated from convicted former prime minister Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor on November 14
KUALA LUMPUR: The government has failed in its application to forfeit RM114mil allegedly belonging to Umno and former prime minister Datuk Seri Najib Razak that was seized from premises belonging to Obyu Holdings Sdn Bhd.
This followed a decision by High Court judge Datuk Muhammad Jamil Hussin in dismissing the application by the prosecution to forfeit the money that was seized by the police at Pavilion Residences on May 17,2018.
In dismissing the application, Muhammad Jamil said the applicant had failed to prove that the money, amounting to RM114,164,393.44, was proceeds from money laundering.
However, he made no order for the money, which is with Bank Negara Malaysia, to be returned to the owners.
Govt fails to forfeit RM114 million allegedly belonging to Umno, Najib (Updated) 20 May 2021 / 16:31 H.
KUALA LUMPUR: The government today failed in its application to forfeit RM114 million, allegedly belonging to Umno and former prime minister Datuk Seri Najib Tun Razak, that was seized from a premises belonging to Obyu Holdings Sdn Bhd.
This followed a decision by High Court Judge Datuk Muhammad Jamil Hussin in dismissing the application by the prosecution to forfeit the money that was seized by the police at Pavilion Residence on May 17, 2018.
In dismissing the application, Muhammad Jamil said the applicant failed to prove that the money, amounting to RM114,164,393.44, was proceeds from money laundering.
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