Govt fails to forfeit 1MDB assets


KUALA LUMPUR: The government has failed to forfeit multi-million-ringgit assets said to be linked to 1Malaysia Development Bhd (1MBD) that were seized from Datuk Seri Najib Razak and his family as well as other individuals and entities in 2018.

This is following the High Court’s decision that dismissed the government’s application to forfeit the assets, which included designer handbags, vehicles and cash in various currencies.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

DVS investigating death of animals found in abandoned vet clinic
Malaysians' confidence in country improving, says Ipsos
Conservation campaign sees over 150 mangrove trees replanted in and around KK
Gig Consultative Council, HR policy priorities for empowering employment ecosystem, says Ramanan
Floods force thousands to evacuate across six states
MACC steps up probe of int'l law firm over transactions linked to 1MDB funds
Increase in financing funds for Bumiputera, Indian entrepreneurs next year, RM50mil for Chinese PMKS, says Sim
Cabinet reshuffle balances merit, politics and government continuity, says expert
Family escapes harm as house front collapses in Seremban
Sabah to shut down GLCs showing no recovery after five years, says Hajiji

Others Also Read