Sept 2 Decision On 1mdb Linked Rm192m Forfeiture Appeal Against Umno

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The prosecution will know on Sept 2 whether it has succeeded in its appeal to forfeit RM192 million of alleged 1MDB-linked funds from Umno.
The Court of Appeal fixed the decision date following the hearing of submissions from parties earlier this morning.
The prosecution is appealing against the Kuala Lumpur High Court decision on Feb 7 last year, which threw out its legal action to forfeit the RM192 million from Umno.
High Court judge Mohamed Zaini Mazlan had ruled then that the prosecution failed to show the funds were linked to cheques deposited much earlier by the party’s then president and former prime minister Najib Abdul Razak.
Today, the three-person Court of Appeal bench chaired by judge Abdul Karim Abdul Jalil also set Sept 2 to decide on the prosecution’s appeal in similar 1MDB-linked forfeiture suits against several other entities.
The other entities are Pahang Umno (RM2,479,300.18); Kedah Umno (RM1.05 million); Wanita MCA (RM300,000); textile company Perano Sdn Bhd (RM337,634.78); tent supplier Binsabi Sdn Bhd (RM827,250); jewellery firm Habib Jewels (RM100,000); and textile manufacturer K&Z Enterprise Sdn Bhd (RM138,359.60).
Previously, the Kuala Lumpur High Court had dismissed the prosecution’s forfeiture suits against these various entities.
Umno and these entities were among the 41 entities and individuals who were hit with forfeiture suits from the MACC to recover a total of RM270 million of monies allegedly linked to 1MDB.
In July last year, Umno got back the RM192 million, following the High Court dismissal of the prosecution’s bid to stay its ruling, pending the disposal of the appeal at the Court of Appeal.
The other members of the Court of Appeal bench today were Hadhariah Syed Ismail and Abu Bakar Jais.
The prosecution was headed by DPP Muhammad Saifuddin Hashim Musaimi.
Counsel Hariharan Tara Singh, G Nadaraja, Ben Chan appeared for Umno, Kedah Umno and Wanita MCA, respectively.
Lawyers Thevini Nayagam appeared for both K&Z Enterprise and Perano.
Counsel Mohd Khalil Tajuddin and Gooi Yang Shuh represented Binsabi and Habib Jewels, respectively. - Mkini

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