RM5.1bil in assets linked to 1MDB forfeited last year, says MACC

RM5.1bil in assets linked to 1MDB forfeited last year, says MACC

MACC chief commissioner Azam Baki says following investigations, 152 cases of property forfeiture were filed in court.

MACC chief commissioner Azam Baki said 121 cases of forfeiture of assets linked to 1MDB were resolved last year. (Reuters pic)
PETALING JAYA:
About RM5.1 billion in assets, mostly linked to the 1MDB controversy, were forfeited and returned to the Malaysian government last year, says Malaysian Anti-Corruption Commission (MACC) chief commissioner Azam Baki.

He said following investigations by MACC, 152 cases of property forfeiture were filed in court.

Out of that, 121 cases were resolved and of these, 117 favoured the prosecutors, Bernama reported him as saying.

Last November, MACC said it had managed to recover RM20.5 billion in assets and funds linked to 1MDB with the cooperation and assistance of international enforcement agencies.

It also said it was in the process of recovering assets from countries such as Switzerland, Kuwait, Mauritius, Cyprus and Hong Kong involving those connected to the 1MDB case.

Speaking at the MACC Media Awards 2021 ceremony at the MACC headquarters here today, Azam also said that MACC “would investigate any complaints of corruption, even if the amount involved was small”.

“If there is a reasonable reason to show an offence under the MACC’s jurisdiction, an investigation paper would be opened and upon completion of the investigation, it would be referred to the Attorney-General’s Chambers (AGC) for further action,” he added.

“Although the decision to prosecute a case is at the discretion of the AGC, it depends on the strength of the evidence from MACC’s investigation,” Azam said.

Azam said MACC had its own standard operating procedures in conducting investigations and could not open investigation papers based only on information provided by a blogger or a social media user.

“If there is not enough evidence, the investigation paper will be closed. This practice is to ensure that an innocent person is not persecuted and that the accused has the opportunity to defend himself in court,” he added.

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