Will Kedah Umno and Habib Jewels get their seized funds back?

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Kedah Umno and Habib Jewels' Seized Funds Remain Undelivered Pending Legal Appeals

The RM1.05 million seized from Kedah Umno and RM100,000 from Habib Jewels Sdn Bhd have not been returned to the respective entities. This non-return of funds is contingent upon the outcome of a stay application filed by the prosecution. The prosecution is currently appealing a High Court decision that previously dismissed its applications to forfeit these monies, which are believed to be linked to the 1Malaysia Development Berhad (1MDB) scandal.
Prosecution Pursuing Forfeiture Appeal

The prosecution has formally lodged an appeal at the Court of Appeal against the High Court's ruling. This appeal stems from the High Court's dismissal of the forfeiture applications on December 13 of the previous year. The High Court judge had found that the prosecution had failed to adequately prove its civil forfeiture cases against Kedah Umno and Habib Jewels, leading to the rejection of the initial forfeiture attempts.
Legal Proceedings Underway for Fund Return

The return of the RM1.15 million in total seized funds hinges on the success of the prosecution's stay application. Case management for this application was initially scheduled but was vacated due to extensions of the movement control order. The court has since set June 9 for the next case management session, indicating that the legal process for determining the fate of these funds is still ongoing.
Broader Context of 1MDB-Linked Recoveries

These specific seizures are part of a larger effort by the Malaysian Anti-Corruption Commission (MACC) to recover assets believed to be connected to the 1MDB scandal. In June of the preceding year, the MACC initiated civil forfeiture suits against a total of 41 entities, including individuals, companies, and political parties. The objective of these suits is to reclaim approximately RM270 million, which the MACC posits was illegally transferred from the bank accounts of former prime minister Datuk Seri Najib Razak.

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Will Kedah Umno and Habib Jewels get their seized funds back?

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