Court fixes Feb 8 and 9 as forfeiture hearing for OBYU Holdings

KUALA LUMPUR (Dec 11): The High Court here has fixed Feb 8 and 9, 2021 to hear the prosecution's application to forfeit luxury items such as jewellery, cash and watches from a raid conducted by the police two years ago at the Pavilion apartment owned by OBYU Holdings Sdn Bhd.

The date was fixed by Justice Datuk Muhammad Jamil Hussin following case management today.

Deputy Public Prosecutor (DPP) Faten Hadni Khairuddin appeared for the prosecution, while several lawyers for former premier Datuk Seri Najib Razak and Umno were also present.

The court also fixed Jan 15 for case management.

Initially, the hearing was fixed for Nov 25, but it had to be postponed due to the conditional movement control order (CMCO) imposed to control the spread of Covid-19.

Previously, it was reported that Umno and Najib wanted separate hearings for their claims on RM114 million of funds that purportedly belong to the political party to be heard first.

Their claim will be heard before the prosecution's forfeiture application.

Meanwhile, Lebanese jeweller Global Royalty Trading SAL is also challenging the forfeiture after it allegedly sent 44 pieces of jewellery, including a tiara, to Najib's wife Datin Seri Rosmah Mansor for viewing sometime in February 2018.

The firm initially filed a suit against Rosmah in July 2019 after the jewellery went missing. The jeweller wanted to view the various pieces seized to identify which belong to the company.

Umno and Barisan Nasional (BN) lost the May 9, 2018 general election, after which the police raided the apartment where the jewellery and other valuables were held.

The apartment is owned by OBYU, which in turn is owned by Tan Sri Bustari Yusof, a brother of Works Minister Datuk Seri Fadillah Yusof.

On May 8 last year, the government and the police filed a civil forfeiture suit against Najib, Rosmah and several others in relation to jewellery, cash, handbags and luxury vehicles said to have been brought using 1Malaysia Development Bhd (1MDB) funds.

The police are said to have seized close to 12,000 jewellery, 27 luxury cars, more than 400 watches and hundreds of handbags during several raids on various residences and offices linked to Najib.

It was reported that the cumulative value of the items seized from the raids was estimated to be between RM900 million and RM1.1 billion, making it the biggest seizure in the country's history.

The valuables are being kept in Bank Negara Malaysia (BNM).

Besides the Lebanese jeweller, Najib and his wife Rosmah have also applied to view the valuables in person after the police brought 14 boxes full of pictures of the said jewellery to the court.

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