Connect with us


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


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


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

Just In

Ft Ismail Ft Ismail
News5 hours ago

“I want us to think of this gov’t as a family” – PM Tells Public Servants To Defend Gov’t Against Fake News

Following the spread of accusations and fake news over the past few months, Prime Minister Datuk Seri Ismail Sabri Yaakob...

Collage Abuse Collage Abuse
News8 hours ago

M’sian Mother Reports Her Son’s Abuse After Seeing Heartbreaking Video Of Nanny Hitting Him

One of the many difficult things about being a working parent is figuring out how to take care of the...

My Post 1 61 My Post 1 61
News8 hours ago

12yo Kelantan Girl Dies From Allegedly Being Struck By Lightning While Using Her Phone

A 12-year-old girl is believed to have died after being struck by lightning while using her smartphone in her home...

My Post 1 60 My Post 1 60
News10 hours ago

Kuantan Student’s Hair & Uniforms Cut Up While She Slept, PDRM Investigates Alleged Bullying Case

Another case of bullying has been going viral on Facebook, this time in Kuantan, Pahang. Based on a report by...

Collage Muay Thai Collage Muay Thai
News1 day ago

Thai Boxer Dies From Brain Haemorrhage In A Muay Thai Match In Kelantan

There is a fine line to tread when it comes to sports that require their players to be violent. Too...

Ft Merdeka Ft Merdeka
News1 day ago

KL Mayor Unhappy That Businesses Are Still Not Flying The Jalur Gemilang, Urges Them To Do So

As Merdeka Day approaches, many business and homes often take the time to decorate their premises with the Jalur Gemilang...

Scam Scam
News2 days ago

More M’sians Are Receiving Scam Invites Asking Them To Travel To Cambodia

Recently, many job scam cases are happening in the country Cambodia, and many people from Taiwan, China, the Philippines and...

Feat Image Earthquake Kundasang Feat Image Earthquake Kundasang
News2 days ago

Tremors Felt At Kundasang & Ranau As Sabah Was Hit With Minor Earthquake Measuring 3.1 On The Richter Scale

Malaysia is generally safe from natural disasters such as earthquakes and volcano eruptions (because we don’t have any) due to...


Latest Videos