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

Collage 35 Collage 35
News20 hours ago

32yo Man Found Dead After Falling into Lake at Private University in Subang Jaya

A 32-year-old local man was found dead after allegedly falling into a lake at Taylor’s University Lakeside Campus in Subang...

Collage 33 Collage 33
News2 days ago

PETA Asia Urges Kajang Prison to Serve Only Vegan Meals to Ex-PM Najib Razak & Other Inmates

People for the Ethical Treatment of Animals (PETA) Asia has called on Kajang Prison to introduce vegan meals for inmates....

Dd Ft 10 1 Dd Ft 10 1
News2 days ago

Kedah Vellfire Driver with 20 AES Summonses Tries to Hide from JPJ But Fails, Gets Vehicle Seized

A driver’s attempt to evade Road Transport Department Malaysia (JPJ) enforcement officers failed after he was eventually caught hiding beside...

Dd Ft 9 Dd Ft 9
News3 days ago

“A humane way” – Penang Island City Council Upholds Zero-Kill Policy for Strays, Neuters 8,484 Dogs Since 2018

The Penang Island City Council (MBPP) has addressed the issue of stray and abandoned dogs, stressing its commitment to protecting...

Collage 31 Collage 31
News3 days ago

Malaysia Vows to Take Israel to International Court After Malaysian Activist Suffers Punctured Lung in Custody

A total of 28 Malaysian activists, who participated in the Global Sumud Flotilla (GSF) 2.0 Mission, safely arrived at Kuala...

Collage 29 Collage 29
News6 days ago

All 29 Malaysian Gaza Flotilla 2.0 Delegates Released by Israel, One Activist Receives Threats Online

A wave of relief and emotion swept through supporters and family members after all 29 Malaysian delegates involved in the...

Collage 27 Collage 27
News7 days ago

75yo Man Charged Over Klang Hit-and-Run That Killed 2 Sisters, Seeks Lower Bail as He Suffers from Diabetes

A 75-year-old driver accused of a fatal hit-and-run in Bandar Baru Klang, Selangor, which claimed the lives of two sisters,...

Collage 3 2 Collage 3 2
News7 days ago

“We’re not protecting him” – PDRM Reveals Why Cop Who Allegedly Ran Langkawi Drug Syndicate Was ‘Only’ Transferred

Recently, the Royal Malaysia Police (PDRM) revealed that “Mr A”, a police officer allegedly linked to running a drug syndicate...

Announcement

Latest Videos



TRENDING TODAY