High Court to deliver decision on 1MDB-linked forfeiture suit against Jakel Trading on June 9 | Malay Mail

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High Court to deliver decision on 1MDB-linked forfeiture suit against Jakel Trading on June 9

Tuesday, 02 Jun 2020 01:07 PM MYT

The decision was supposed to be delivered by Judicial Commissioner Datuk Ahmad Shahrir Mohd Salleh on June 4 but has been rescheduled to June 9, at 9am.— Picture by Hari Anggara KUALA LUMPUR, June 2 — The High Court here will deliver its verdict on the government’s application to forfeit RM628,314 allegedly linked to the 1Malaysia Development Berhad scandal that was seized from Jakel Trading on June 9.

The decision was supposed to be delivered by Judicial Commissioner Datuk Ahmad Shahrir Mohd Salleh on June 4 but has been rescheduled to June 9, at 9am.In June last year, the Malaysian Anti-Corruption Commission filed a civil forfeiture suit against 41 entities, comprising individuals, companies and political parties, under the Anti-Money Laundering and Anti-Terrorism Financing Act to recover about RM270 million believed to be linked to 1MDB.

The MACC believed the money was illegally transferred from the accounts of former prime minister Datuk Seri Najib Razak. — Bernama

 

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