Published
The government has failed in its legal action to forfeit RM80 million in 1MDB-linked cash, jewellery, and other assets seized from Pavilion Residences in 2018.
The Kuala Lumpur High Court this morning dismissed the forfeiture suit against Obyu Holdings Sdn Bhd, the owner of the condominium units in Kuala Lumpur.
Judge Muhammad Jamil Hussin ruled that the prosecution on a balance of probability failed to show that the assets are the result of unlawful activity.
He also denied an application by deputy public prosecutor Faten Hadni Khairuddin to stay today’s ruling pending the prosecution’s appeal to the Court of Appeal.
The Kuala Lumpur High Court this morning dismissed the forfeiture suit against Obyu Holdings Sdn Bhd, the owner of the condominium units in Kuala Lumpur.
Judge Muhammad Jamil Hussin ruled that the prosecution on a balance of probability failed to show that the assets are the result of unlawful activity.
He also denied an application by deputy public prosecutor Faten Hadni Khairuddin to stay today’s ruling pending the prosecution’s appeal to the Court of Appeal.
- Category
- TV Saluran - TV Channel
- Tags
- kinitv, malaysia, politics
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