Connect with us

News

Whopping Sum Of Over RM114 Million Worth Of Assets Returned To Najib & UMNO

Published

Najib Assets Returned
Source: Straits Times & SCMP

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

RM114 million worth of assets that were previously seized by police at the luxury condominium at Pavilion Residences on 17 May have been returned to Datuk Seri Najib Tun Razak and UMNO.

According to a check with the investigating officer, Deputy Prosecutor Faten Hadni Khairuddin told Astro Awani that the assets were handed over on 17 June.

Najib03 0

He said that the assets were returned because the prosecution did not apply to file an appeal after High Court Judge Datuk Muhammad Jamil Hussin rejected the prosecution’s application on 20 May to forfeit the assets.

“(Assets) have been handed over to Datuk Seri Najib through a representative because the applicant (prosecution) did not file an appeal,” he said.

Earlier in May, Muhammad Jamil rejected the prosecution’s application, saying that the public prosecutor failed to prove that the seized assets worth a total of RM114,164,393.44 were involved in the 1Malaysia Development Berhad (1MDB) scandal.

Handbags Tem1267 20190527154330 Theedgemarkets

The judge also rules that the public prosecutor failed to prove that the money existed as an outcome of money laundering activities.

For the record, the prosecution in 2019 had filed a forfeiture application against OBYU Holdings to forfeit the goods that included 11,991 units of jewellery, 401 watch straps and 16 watch accessories, 234 pairs of spectacles as well as 306 handbags and cash in various denominations amounting to RM114,164,393.44.

 

Also read: Jho Low Says Billions Used From 1MDB “Were Just A Loan” & Is Willing To Give It Back In New Recording

Oijdasoi

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Dd Ft 52 Dd Ft 52
News14 hours ago

“No conditions” – Zahid Hamidi Welcomes All Expelled or Suspended Ex-Members to Rejoin UMNO

UMNO is opening its doors to former members who were previously expelled or suspended and now wish to rejoin the...

My Post 1 2026 03 05T133651.669 My Post 1 2026 03 05T133651.669
News2 days ago

Miri Woman Narrowly Escapes Death as Police Pull Her from Burning Car While She was Asleep Inside

Royal Malaysia Police (PDRM) officers rescued a woman who was sleeping in her car, unaware that the vehicle had caught...

Dd Ft 47 Dd Ft 47
News2 days ago

PDRM: All 8 Suspects Involved in Klang Police Station Brawl Arrested, Some Wanted for Murder

A violent brawl broke out at Meru Police Station on Monday (2 March) in the presence of Royal Malaysia Police...

Dd Ft 46 Dd Ft 46
News2 days ago

Lotus’s Malaysia Announces It’s Set to Acquire Village Grocer, B.I.G., The Food Merchant & More

Lotus’s Stores (Malaysia) Sdn. Bhd. has signed an agreement to acquire shares in The Food Purveyor Sdn. Bhd., a move...

Collage 18 Collage 18
News2 days ago

PDRM: Violent Brawl at Klang Police Station Due to ‘Misunderstanding’, 5 Men Arrested & Station Damaged

An unexpected attack took place at a police station in Klang recently, in the presence of Royal Malaysia Police (PDRM)...

My Post 1 2026 03 05T103803.978 My Post 1 2026 03 05T103803.978
News2 days ago

22yo Penang Man Fills Bedroom with Bottles of Own Urine Despite Nearby Toilet Following Ketum Addiction

The Penang State National Anti-Drugs Agency (AADK) is providing the public with a stark insight into the life of a...

Collage 16 Collage 16
News3 days ago

JPJ Seizes Melaka VVIP’s Luxury BMW Sedan That Uses a Modenas Kriss Motorbike’s Plate Number

The Road Transport Department (JPJ) Melaka has seized a luxury BMW sedan after it was found to be in serious...

Collage 15 Collage 15
News4 days ago

Anthony Loke: Disruptions on LRT Kelana Jaya Line Due to Ageing Trains, New Trains Only Arriving in 2028

Anthony Loke has broken the silence over the constant service disruptions that have been occurring on the LRT Kelana Jaya...

Announcement

Latest Videos



TRENDING TODAY