News about forfeiture

The latest notice from the Malaysian Anti-Corruption Commission (MACC)— similar to previous forfeiture applications—does not specify any alleged offences apart from being related to the investigation under Section 36, according to a statement by Messrs Zharif Nizamuddin.

In her supporting affidavit in the suit filed by Ilham Baru and Ilham Tower on Sept 9 against their company secretary, Rebecca Lee Ewe Ai, as the defendant, Na'imah said that the MACC does not have sufficient evidence in the forfeiture case against the tower, as evidenced by its order to compel the company secretary to produce more documents.

KUALA LUMPUR (May 7): Datin Seri Rosmah Mansor’s (pictured lawyer Iskandar Shah Ibrahim claimed today the prosecution in the 1Malaysia Development Bhd (1MDB) asset forfeiture case has failed to prove the existence of a money trail showing the 263 handbags seized from Rosmah’s residence were purchased using 1MDB funds as the police officers investigating the matter had not shown such information.

KUALA LUMPUR (Feb 10): The prosecution in the forfeiture hearing of the police raid at the Pavilion condominium three years ago told the High Court that the RM114.

KUALA LUMPUR (June 25): The High Court will be announcing its decision on the 1Malaysia Development Bhd (1MDB) forfeiture action against former land and cooperative development minister Tan Sri Kasitah Gaddam on July 24.

KUALA LUMPUR (June 19): The High Court has dismissed a stay application by the prosecution to hold the return of the frozen RM192.

KUALA LUMPUR (June 11): The High Court has dismissed the government forfeiture suit against Yayasan Persatuan Bekas Anggota Kemas Malaysia (Yayasan PBAKM) to recover RM100,000 which was alleged to be funds originating from troubled sovereign wealth fund 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (June 10): The High Court today has allowed an application by former prime minister Datuk Seri Najib Abdul Razak to inspect close to 12,000 pieces of jewellery, 300 handbags and other valuables which were seized by police shortly after the 14th general election in 2018.

KUALA LUMPUR (June 3): A luxury penthouse belonging to fugitive businessman Jho Low in Manhattan, New York, has been sold as part of a US forfeiture case against the financier, a global real estate portal reported.

KUALA LUMPUR (May 19): Three former associates of fugitive businessman Low Taek Jho (pictured), better known as Jho Low, who are subject to forfeiture proceedings in relation to RM31 million belonging to 1Malaysia Development Bhd, are said to be on the run.