High Court dismisses MACC's forfeiture suit against Jakel Trading, Johor Bahru BN

KUALA LUMPUR (June 9): The High Court here today dismissed the application by the prosecution to forfeit a sum of RM1.31 million from Jakel Trading and Johor Bahru Barisan Nasional (BN), allegedly related to the 1Malaysia Development Berhad (1MDB) fraudulent fund scandal.

Jakel Trading and Johor Bahru BN allegedly received the monies from former prime minister Datuk Seri Najib Tun Razak amounting RM628,314 and RM677,872.55 respectively.

Judicial Commissioner Datuk Ahmad Shahrir Mohd Salleh made the decisions after considering the affidavits and submissions made by both prosecution and defence.

DPP Samihah Rhazali and Mahadi Abdul Jumaat told the court that they will file a formal application for a stay of execution, pending appeal, within 14 days from today.

Lawyers Thevini Nayagam and Habizan Habeeb Rahman representing Jakel Trading while Johor Bahru BN was represented by lawyer Datuk Syed Faisal Al-Edros Syed Abdullah Al-Edros.

In June last year, the Malaysian Anti-Corruption Commission (MACC) filed a civil forfeiture suit against 41 entities, comprising individuals, companies and political parties, under the Anti-Money Laundering and Anti-Terrorism Financing Act to recover about RM270 million believed to be linked to 1MDB.

The MACC believed the money was illegally transferred from Najib’s accounts.

Stay safe. Keep updated on the latest news at 

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
  1. Jeffrey Chew out on bail after MACC questioning on Penang undersea tunnel project
  2. Court dismisses MACC's application to forfeit RM4.6m belonging to Mediaedge
  3. Umno files contempt proceeding against CIMB for non-release of frozen RM192m