[ The Vibes ] RM114 mil in seized assets returned to Najib, Umno

RM114 mil in seized assets returned to Najib, Umno

KUALA LUMPUR – Assets totalling RM114 million, seized from Pavilion Residences on May 17, 2018, have been returned to former prime minister Datuk Seri Najib Razak and Umno. This comes after the prosecution decided to not file for an appeal in the forfeiture suit after it was dismissed by high court judge Datuk Muhammad Jamil Hussin.

Assets totalling RM114 million, seized from Pavilion Residences on May 17, 2018, have been returned to former prime minister Datuk Seri Najib Razak and Umno.

This comes after the prosecution decided to not file for an appeal in the forfeiture suit after it was dismissed by high court judge Datuk Muhammad Jamil Hussin.

Deputy public prosecutor Faten Hadni Khairuddin told Astro Awani that the assets had been returned on June 17.

“The assets have been returned to Najib via a representative as the prosecution decided against filing an appeal.”

The prosecution filed the forfeiture application against Obyu Holdings to forfeit the items including 11,991 units of jewellery, 401 watches, 16 other accessories, 234 pairs of eyewear, and 306 handbags, as well as cash in various denominations amounting to RM114,164,393.44.

The money and jewellery were seized by the authorities for allegedly being linked to the 1MDB fund scandal.

Former Malaysian Prime Minister, Datuk Seri Najib Razak. Photo: AFP / August 5, 2021