By Nizam Zain
KUALA LUMPUR – The Malaysian Anti-Corruption Commission (MACC) has dropped charges related to the 1Malaysia Development Berhad (1MDB) scandal against British national, Paul Geoffrey Stadlen and lawyer Datuk Mohd Hafarizam Harun.
According to a statement by MACC, they have reached a settlement with the Attorney-General’s Chamber (AGC) under Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613) involving RM15 million.
“Paul Geoffrey Stadlen has agreed to voluntarily release money amounting to RM7,192,873.84 and the money will be transferred to the 1MDB trust fund.
“The matter has been decided after taking into consideration that the money should be forfeited. Therefore, the case against him is withdrawn,” said the anti-graft agency.
The AGC also decided to issue compound against Mohd Hafarizam amounting to RM590,587.26 under Section 92 (1) Act 613 after considering appropriate reasons, including the withdrawal of case against Paul Geoffrey Stadlen.
“The prosecution against Datuk Hafarizam has been withdrawn after the compound was settled.
“Prosecution against Paul Geoffrey Stadlen was made without his appearance at the court on 20 February 2019, meanwhile, Datuk Mohd Hafarizam was charged on 3 August 2020 at the Kuala Lumpur Sessions Court,” it said. –MalaysiaGazette