KUALA LUMPUR – The High Court dismissed the application of the government to forfeit RM115 million seized by the police in 2018 from Pavilion Residences.
High Court Judge Datuk Muhammad Jamil Hussin said that the Attorney-General’s Chamber has failed to prove that the cash was related to the 1Malaysia Development Berhad (1MDB) scandal.
He said, the prosecution also failed to prove that the money seized originated from activities linked to criminal breach of trust (CBT).
According to her, no evidence was presented to the court to show the link between the funds misappropriated from 1MDB are the money seized from Pavilion Residences.
However, Muhammad Jamil did not made a consequential order in his aural verdict if the RM114 million should be returned or otherwise.
“With this, I dismiss the request to forfeit cash amounting to RM114 million confiscated in 2018,” he said in a statement today.
Earlier, the prosecutor filed for an application to confiscate various items including 11,991 units of jewellery, 401 watches, 16 accessory watches, 234 pairs of glasses, 306 handbags and cash in various denomination amounting to RM114,164,393.44.
The money and luxury items were seized by the authority for alleged link to the 1MDB scandal.
The funds were among the cash, accessories and other assets amounting to RM680 million seized during the raid in 2018 from a condominium unit at Pavilion Residences, Kuala Lumpur, owned by Obyu Holdings Sdn Bhd.
The court proceeding today was only related to the RM114 million while the remaining of the RM680 million worth of assets confiscated is still waiting for a trial date.
Obyu is the only respondent in the forfeiture suit related to 1MDB, meanwhile, UMNO and the former President of UMNO cum former Prime Minister Datuk Seri Najib Razak were among the third party who made an application to claim the assets and monies seized by the authority from the Pavilion Residence in 2018. -MalaysiaGazette
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