Justice Azhar Abdul Hamid made the ruling after the prosecution applied to seize the vehicles and money from Loo.

The forfeiture application was made in accordance with Section 56 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities (Amla) Act 2001.

The court also allowed an application by a third party, OCBC Bank (M) Bhd, represented by lawyer Lim Jun Yik, to claim a condominium at Mont Kiara seized from Loo.

“I have examined the affidavits and submission from both parties and decided that the third party’s application to claim the immovable property (condominium) belonging to the respondent (Loo) which was seized on Feb 15, 2021 is allowed,” he said.

“The prosecution’s application to forfeit the rights to three more properties, namely an Audi car and a Volkswagen New Beetle car, that were seized on Jan 27, 2021, as well as money amounting to RM22,600 in the respondent’s Maybank Islamic Berhad current account that was seized on Feb 2, 2021, is also allowed.”

In November 2021, the prosecution filed a motion to forfeit the two cars, money and condominium belonging to Loo.

Loo is said to be a close associate of fugitive businessman Low Taek Jho or Jho Low, the alleged mastermind of the 1MDB financial scandal.

On Dec 4, 2018, the magistrates’ court issued arrest warrants for Low, Loo, former 1MDB executive director Casey Tang Keng Chee, former 1MDB official Geh Choh Heng and Jho Low’s close associate, Eric Tan Kim Loong, after they failed to appear in court to face seven charges of money laundering related to 1MDB.