Court dismisses 1MDB forfeiture suits against Umno, Wanita MCA, two others

  • Nation
  • Friday, 07 Feb 2020

KUALA LUMPUR: The High Court here has dismissed forfeiture suits filed by the government against Umno, Wanita MCA and two others in its bid to recover money linked to the 1Malaysia Development Bhd (1MDB).

The other two are companies Binsabi Sdn Bhd and Perano Sdn Bhd.

In his ruling, High Court judge Justice Mohamed Zaini Mazlan said he had perused each of the respondents' bank statements for the relevant period as stated in the forfeiture suit.

"I'm of the view that the amount from the respondent's bank account currently remaining could not be said to be from or part of the amount contributed by Datuk Seri Najib Razak," he said here on Friday (Feb 7).

The judge said he found that monies deposited in the accounts had long been spent.

"In gist, there is nothing left from the monies banked in from Najib to the respondents' accounts left to be forfeited, even if it was to be assumed that the monies received were illegitimate proceeds," he added.

The government had sought to retrieve RM192,965,413.61 from Umno; RM300,000 from Wanita MCA; RM827,250 from Binsabi and RM337,634.78 from Perano.

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