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

Anis Ft Anis Ft
News2 days ago

Agong Consents to State of Emergency in Serian As Haze Reaches Dangerous Levels, 647 Schools to Close

In a Facebook post today, Prime Minister Datuk Seri Anwar Ibrahim said the Yang di-Pertuan Agong, Sultan Ibrahim, had consented...

Dd Ft 5 1 Dd Ft 5 1
News2 days ago

Viral Orangutan Rescued In Indonesia Dies Hours After Suspected Wildfire Smoke Exposure

An adult male orangutan named Sampurna has sadly died just hours after he was rescued from near an oil palm...

Kyan Ft 24 Kyan Ft 24
News2 days ago

Serian Air Pollution Hits Critical Levels As API Reading Exceeds 500, Emergency Could Be Declared

Serian, Sarawak recorded an extremely high Air Pollutant Index (API) reading of 517 today (4 September), placing the district well...

Kyan Ft 20 Kyan Ft 20
News3 days ago

M’sian Students Perform Traditional Dances In Prague, Leave Foreigners Fascinated To Learn The Moves

Malaysian traditional dances are getting some international attention, with participants from other countries reportedly becoming so fascinated by a group...

Dd Ft 3 1 Dd Ft 3 1
News3 days ago

Police Tracking Down MPV Owner After 2 Kids Seen Sticking Out Of Sunroof While Car Was Moving

A recent video has been making the rounds online showing two individuals, believed to be children, sticking their upper bodies...

Kyan Ft 19 Kyan Ft 19
News3 days ago

E-Hailing Driver Saves 71-Year-Old M’sian From Losing RM10,000 To Alleged Love Scam

A quick-thinking e-hailing driver helped save a 71-year-old woman from losing  RM10,000 to an alleged love scam after becoming suspicious...

Dd Ft 2 1 Dd Ft 2 1
News4 days ago

M’sian Claims Man Asked For RM200 ‘Duit Kopi’ After ‘Helping’ Retrieve Missing Phone In Viral Video

A recent video has gone viral after a woman claimed she fell victim to a man who offered to “help”...

Kyan Ft 18 Kyan Ft 18
News4 days ago

RON97, Unsubsidised RON95 & Diesel Prices Drop 5 Sen From Today Until Sept 9

Fuel prices in Malaysia have dropped by 5 sen per litre as of today (September 3), with RON97, unsubsidised RON95,...

Announcement

Latest Videos



TRENDING TODAY