4 object to forfeiture suits, say MACC must prove money laundering claims

KUALA LUMPUR: Four individuals and entities named by the Malaysian Anti-Corruption Commission as recipients of 1MDB funds have objected to the forfeiture suits against them.

Bustari’s counsel Kamarul Hisham Kamaruddin told the High Court today that the prosecution should prove that the funds were within the definition of money laundering under Section 61 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act, before third parties are called to contest the suits.

Earlier, deputy public prosecutor Nik Haslini Hashim said the prosecution was seeking a court order to gazette a notice to call interested parties to contest the lawsuits.

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