news

1MDB scandal: Notice to third parties to be gazetted within two months

KUALA LUMPUR (July 5): A notice to the third parties with an interest in the money seized from nine entities and individuals, allegedly linked to 1Malaysia Development Bhd (1MDB), will be gazetted within two months.

High Court Judge Collin Lawrence Sequerah set before or on Sept 4 for the prosecution to gazette the notice after Deputy Public Prosecutor Nik Haslinie Hashim applied for a two-month period to carry out the process.

The same date was set for mention of the case.

The nine are former land and cooperative development minister Tan Sri Kasitah Gaddam, businessman Tan Sri Bustari Yusuf, Johor UMNO Liaison Committee, Selangor UMNO Liaison Committee, Yayasan Permata Malaysia, Liberal Democratic Party Sabah, Jakel Trading, Mediaedge Cia Malaysia Sdn Bhd and Yayasan Persatuan Bekas Anggota Kemas Malaysia (PBAKM).

The notice in the gazette was filed under Section 56 (1) and 61 (2) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

This is to invite third parties to appear in person or be represented by counsel to contest the forfeiture action before the High Court on a specified date.

On June 19, the public prosecutor filed a notice of motion to forfeit the RM216 million seized from seven respondents.

The seven were UMNO; former Paya Besar MP (the late) Datuk Seri Abdul Manan Ismail; Wanita MCA; event management company Binsabi Sdn Bhd; investment company Perano Sdn Bhd; Sabah UMNO Liaison Committee; and former Kuala Pilah MP Datuk Seri Hasan Malek.

The public prosecutor also sought in the notice of motion, for a High Court order allowing the prosecution to publish a notice summoning the third parties with interest to court.

Recently, Malaysian Anti-Corruption Commission chief commissioner Latheefa Koya told a press conference that forfeiture applications were filed against 41 respondents to recover about RM270 million linked to 1MDB that were allegedly disbursed through the bank account of former prime minister Datuk Seri Najib Tun Razak.

 

SHARE
RELATED POSTS
  1. MACC witness dismisses defence's notion Jho Low alone was behind ex-1MDB unit's looting
  2. 1MDB trial may be delayed to Aug 27
  3. MACC unfreezes Arul Kanda's bank, CDS accounts