News about forfeiture

KUALA LUMPUR (Dec 5): Umno objected at the High Court today to the Malaysian Anti-Corruption Commission’s (MACC) attempt to forfeit RM212 million from the party’s accounts, saying the graft body had not produced sufficient evidence to show it was illegal money.

KUALA LUMPUR (Nov 26): Tan Sri Bustari Yusuf, a Sarawak-based businessman close to former prime minister Datuk Seri Najib Abdul Razak, agreed to forfeit RM3.

KUALA LUMPUR (Nov 1): High Court Justice Collin Lawrence Sequerah has discharged himself from hearing the forfeiture case involving the public prosecutor and OBYU Holdings Sdn Bhd, Datuk Seri Najib Abdul Razak, his wife Datin Seri Rosmah Mansor, Umno and Lebanese jeweller Global Royalty SAL, which wanted to intervene and be a third party in the matter.

KUALA LUMPUR (Oct 25): The High Court here has today deferred the hearing of 1Malaysia Development Bhd (1MDB)-linked asset forfeiture proceedings against the Tun Hussein Onn Foundation to Nov 15 from Nov 4 this year.

KUALA LUMPUR (Oct 18): The Liberal Democratic Party (LDP) of Sabah today managed to get RM500,000 that was frozen in its account following forfeiture proceedings today, after the prosecution from the Attorney General’s Chambers accepted its representation.

KUALA LUMPUR (Oct 18): The High Court will hear an application by Datin Seri Rosmah Mansor and her two children to physically inspect assets seized by the government in its RM680 million 1MDB forfeiture suit against OBYU Holdings Sdn Bhd.

KUALA LUMPUR (Oct 14): Coloured photographs of the items seized in the 1Malaysia Development Bhd (1MDB) civil forfeiture suit against former prime minister Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor will be shown to them to be identified.

KUALA LUMPUR (Sept 27): The Malaysian Anti-Corruption Commission (MACC) wants to amend its forfeiture notice against Barisan Nasional (BN) Johor to include its office bearers in the legal action to recover 1Malaysia Development Bhd (1MDB)-related money, which BN Johor was alleged to have received.

KUALA LUMPUR (Sept 6): The High Court here had today recorded the consent judgements between the prosecution and Yayasan Rahah and Umno Pekan committee member Ibrahim Awang Ismail, to forfeit funds they received from 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Aug 23): The High Court here has today been informed that the prosecution has accepted the representation from Yayasan Rahah, Naza Quest Sdn Bhd and Ibrahim Awang Ismail in a civil forfeiture suit filed by the Malaysian Anti-Corruption Commission against 41 entities to recover approximately RM270 million of funds allegedly sourced from 1Malaysia Development Bhd (1MDB).