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RM216m forfeiture: Prosecution to publish notice for 3rd party

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RM216 mln forfeiture: Prosecution to publish notice for 3rd party

The prosecution will publish in two months a notice for any third party with interest to stack a claim on more than RM216 million allegedly linked to Malaysia Development Bhd that were seized from seven individuals and entities.

The notice was filed under Section 56 and 61 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. On the set date, any claimants to the cash need to appear before the court in person or represented by their lawyers.

 

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