Govt fails to forfeit monies

Nation
Friday, 21 May 2021

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KUALA LUMPUR: The government has failed in its application to forfeit RM114mil allegedly belonging to Umno and former prime minister Datuk Seri Najib Razak that was seized from premises belonging to Obyu Holdings Sdn Bhd.

This followed a decision by High Court judge Datuk Muhammad Jamil Hussin in dismissing the application by the prosecution to forfeit the money that was seized by the police at Pavilion Residences on May 17,2018.

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Tags / Keywords: 1MDB Funds , Forfeiture Suit , Umno , Najib Razak , Obyu Holdings , Muhammad Jamil Hussin , Pavilion Residence , Nazir Razak

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-CWC4	0.110	0.110	0.085	0.095	-0.020	-17.39	1,967,384
HSI-PWD2	0.060	0.070	0.055	0.065	0.005	8.33	1,805,978
HSI-CWEP	0.125	0.125	0.105	0.115	-0.015	-11.54	1,658,909
HSI-CWEI	0.175	0.175	0.155	0.160	-0.025	-13.51	1,107,069
BPURI	0.345	0.400	0.330	0.375	0.030	8.70	1,036,799
HSI-PWDU	0.055	0.065	0.050	0.060	0.005	9.09	1,023,650
HSI-PWFQ	0.105	0.115	0.100	0.110	0.010	10.00	550,651
SFPTECH	0.205	0.235	0.205	0.210	0.005	2.44	541,150
HSI-CWC7	0.060	0.065	0.050	0.055	-0.010	-15.38	523,449
GAMUDA-C2R	0.030	0.035	0.030	0.030	-0.005	-14.29	508,851
BPURI-WB	0.295	0.600	0.295	0.485	0.185	61.67	411,665
POS	0.235	0.300	0.235	0.290	0.055	23.40	402,851
CIMB	6.870	7.050	6.860	6.980	0.130	1.90	322,059
SALCON-WB	0.020	0.025	0.015	0.015	-0.005	-25.00	303,598
MYEG	0.890	0.900	0.890	0.895	0.005	0.56	295,831

Govt fails to forfeit monies