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Prosecutor: RM114m-worth of seized assets in 1MBD forfeiture case returned to Umno, Najib | Malaysia

Thursday, 05 Aug 2021 03:29 PM MYT
BY DANIAL DZULKIFLY
Datuk Seri Najib Razak is pictured at the Kuala Lumpur High Court May 20, 2021. ― Picture by Hari Anggara
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KUALA LUMPUR, Aug 5 ― Some RM114 million in seized cash and assets from a raid at the Pavilion residences on May 17, 2018, have reportedly been returned to former prime minister Datuk Seri Najib Razak and Umno.
Deputy Public Prosecutor Faten Hadni Khairuddin told Astro Awani that the seized assets have been returned to both aforementioned parties last June 17, based on inquiries made to the investigative officer. ....

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Govt fails to forfeit monies

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. ....

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Govt fails to forfeit RM114mil allegedly belonging to Umno, Najib

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Govt fails to forfeit RM114 million allegedly belonging to Umno, Najib (Updated)

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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Govt fails to forfeit RM114 million allegedly belonging to Umno, Najib

Govt fails to forfeit RM114 million allegedly belonging to Umno, Najib
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