Federal govt recovers RM9,560.96 of 1MDB-linked funds from Sabah LDP | Malay Mail

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KUALA LUMPUR, Oct 18 — RM9,560.96 of RM509,560.96 seized from Sabah Liberal Democratic Party (LDP) following the 1Malaysia Development Berhad (1MDB) scandal will return to the federal government’s coffers following a consent judgment today. According to LDP’s lawyer Datuk Jagjit Singh Bant...

Friday, 18 Oct 2019 10:21 PM MYT

KUALA LUMPUR, Oct 18 — RM9,560.96 of RM509,560.96 seized from Sabah Liberal Democratic Party following the 1Malaysia Development Berhad scandal will return to the federal government’s coffers following a consent judgment today. “Sabah LDP as respondent and the prosecution as applicant agreed that RM9,560.96 of the money belonged to the Malaysian government while the balance of RM500,000 be returned to LDP with interest,” he told reporters after a forfeiture proceeding before High Court Judge Collin Lawrence Sequerah today.

“I request for a consent order to be recorded according to the terms agreed,” she asked of the court.

 

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