What specific AMLA sections were involved in the initial seizure orders?

Question

Accepted Answer

Initial Seizure Orders Were Issued Under Specific AMLA Sections

The Malaysian Anti-Corruption Commission (MACC) issued initial freezing and seizure orders concerning Rohas Tecnic Bhd and its subsidiaries under specific provisions of the Anti-Money Laundering, Anti-Terrorism Financing, Anti-Restricted Activity Financing and Proceeds of Unlawful Activities Act 2001 (AMLA). These legal instruments were employed as part of an investigation that has since been concluded.
Sections 44(1) and 50(1) of AMLA Utilised

The investigation by the MACC involved the application of Sections 44(1) and 50(1) of the AMLA. These sections of the Act empower the commission to issue freezing and seizure orders in relation to suspected proceeds of unlawful activities. The orders in question were issued on October 17, 2025.
Scope of Initial Orders

The freezing and seizure orders issued on October 17, 2025, were directed at certain bank accounts held by Rohas Tecnic, its subsidiary HG Power Transmission Sdn Bhd (HPGT), and another entity, Rohas-Euco Industries Bhd (REI). This indicated a broad scope to the initial stages of the MACC's investigation.
Subsequent Revocation of Orders

Following the initial orders, a process of revocation commenced. Rohas Tecnic and HGPT received notice of the revocation of these orders on November 26, 2025, issued by a deputy public prosecutor under Section 50(1) of AMLA. This followed a similar revocation order received by REI from the MACC on November 25, 2025, under Section 44A of the same Act. Further confirmation of the conclusion of the investigation was provided on June 26, when MACC revoked the seizure orders previously issued under Section 50(1) of the AMLA in respect of HPGT’s bank accounts.

Reading history

Hide →

This history is cleared when the page is closed.

What specific AMLA sections were involved in the initial seizure orders?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends