MACC fails to forfeit RM2,738,525.08 belonging to Selangor Umno

 

The MACC today failed in its bid to forfeit RM2,738,525.08 allegedly linked to 1Malaysia Development Berhad (1MDB) funds that were sealed in the account of Selangor Umno Liaison Committee.

This followed a decision by High Court judge Muhammad Jamil Hussin in dismissing the prosecution’s application against the political body.

In the judgment, Muhammad Jamil said the applicant failed to prove the money that was sealed were proceeds from unlawful activities.

The applicant also did not challenge the accounts and statements submitted in the affidavit by the respondent and also the money, purportedly received by the political body from former prime minister Najib Abdul Razak, had been spent, he added.

At the proceeding, the prosecution was conducted by deputy public prosecutor Nik Haslinie Hashim, while lawyers Hasnal Rezua Merican and Muzzammil Merican represented Selangor Umno.

The forfeiture application was filed by the MACC under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

The Selangor Umno was among 41 entities, comprising individuals, companies and political parties that the MACC had filed forfeiture suit against to recover about RM270 million in funds linked to the 1MDB that was transferred from Najib’s bank account.

- Bernama