Wednesday, December 8, 2021

MACC fails in bid to forfeit RM2.7 million belonging to Selangor Umno

Judge says MACC failed to prove that the money was proceeds from unlawful activities.

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The Malaysian Anti-Corruption Commission (MACC) today failed in its bid to forfeit RM2,738,525.08 allegedly linked to 1MDB funds sealed in the account of the Selangor Umno liaison committee.

This followed the decision by High Court judge Muhammad Jamil Hussin to dismiss the prosecution’s application against the political body.

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

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

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 MACC under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

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

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