Govt fails to forfeit RM114 million allegedly belonging to Umno, Najib (Updated) 20 May 2021 / 16:31 H.
KUALA LUMPUR: The government today failed in its application to forfeit RM114 million, allegedly belonging to Umno and former prime minister Datuk Seri Najib Tun Razak, that was seized from a premises belonging to Obyu Holdings Sdn Bhd.
This followed a decision by High Court Judge Datuk Muhammad Jamil Hussin in dismissing the application by the prosecution to forfeit the money that was seized by the police at Pavilion Residence on May 17, 2018.
In dismissing the application, Muhammad Jamil said the applicant failed to prove that the money, amounting to RM114,164,393.44, was proceeds from money laundering.
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KUALA LUMPUR (March 15): Datuk Seri Najib Razak s lawyer maintained today that the alleged 1Malaysia Development Bhd (1MDB)-linked money recovered during a police raid at the Pavilion Residences condominium three years ago totalled RM160 million, and not RM114 million as claimed by the authorities.
The former premier s lead counsel, Tan Sri Muhammad Shafee Abdullah, claimed in the High Court that the police raid at the condominium unit owned by OBYU Holdings Sdn Bhd was not done according to procedure.
Sarawak businessman Tan Sri Bustari Yusof owns OBYU. They (police) called the building manager to conduct the raid (in 2018) without the presence of Bustari or Najib. In the end, the search list was given to the building manager, said Shafee.