MACC pre-empting courts with 1MDB compound, says Shahrir

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

The Umno leader says there is no proof that money given by Najib came from 1MDB. FMTNews

PETALING JAYA: Umno’s Shahrir Abdul Samad has criticised the Malaysian Anti-Corruption Commission for issuing compounds against 80 individuals and companies said to have received funds from 1MDB.

Speaking to FMT, Shahrir said MACC had jumped the gun by listing him as a recipient of funds while the 1MDB trial was ongoing.Yesterday, MACC chief commissioner Latheefa Koya said the compounds were issued under Section 92 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

Besides Shahrir, nine other individuals, including Najib’s brother Nazir Razak and Pontian MP Ahmad Maslan, were issued compounds, along with 43 political entities and 23 companies. They are required to return the monies they received within two weeks or challenge the compound notice in court. Shahrir, who has yet to receive the compound notice, says he will take the matter to court to resolve the issue.Subscribe to our newsletter and get news delivered to your mailbox.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shahrir: SPRM keluar notis minta wang 1MDB dahului mahkamahApakah sudah terbukti duit diberikan Najib Razak memang dari 1MDB, kata Shahrir Samad. FMTNews Hrmmmmm...maybe najib is sacrificing his own money from his monthly pay & donated the money to u. Ni lah persoalan utama. SPRM patut bertindak cerdik, tggu mahkamah putuskan dulu. But then, KP dia pun lantikan politik. Dasar perompak , kau tak pernah dengar ke Akta Pencegahan Pengubahan Wang Haram, Pencegahan Pembiayaan Keganasan dan Hasil daripada Aktiviti Haram 2001
Source: fmtoday - 🏆 5. / 72 Read more »

MACC slaps compound notice on 80 in bid to recover 1MDB fundsThe individuals and companies are required to repay the money or to contest the notice in court. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »

1MDB: MACC issues compound notices to 80 individuals, entities - LatheefaThose served with the notices have been given two weeks to return the money they received from 1MDB. The $ warriors
Source: malaysiakini - 🏆 20. / 51 Read more »

MACC issues compound notices to 80 individuals and entities over 1MDB fundsPUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has issued compound notices to a total of 80 individuals and entities that allegedly receiv...
Source: theSundaily - 🏆 25. / 51 Read more »

Nazir Razak denies keeping any 1MDB money, to assist MACC | The Malaysian InsightHe says it’s gut-wrenching if the funds that flowed through his account might have been from 1MDB. Why would anyone believe you, you're accessory to massive fraud....
Source: msianinsight - 🏆 8. / 63 Read more »

Court affirms 1MDB audit report case to begin on Nov 18The High Court throws out the prosecution's bid to delay the trial of Najib Razak and Arul Kanda Kandasamy. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »