Malaysian prosecutors are seeking the forfeiture of millions of dollars in cash ...
KUALA LUMPUR - Malaysian prosecutors are seeking the forfeiture of millions of dollars in cash and assets seized from disgraced former prime minister Najib Razak, his family, and others, the state news agency Bernama reported on Wednesday.
Najib said the forfeiture action was being used by authorities to delay or avoid returning the assets, which he said were mostly cash belonging to his political party and gifts from various friends and family. Since losing a general election in May last year, Najib has been charged with 42 criminal offences, mostly linked to a multibillion-dollar scandal at 1Malaysia Development Berhad , a state fund he founded in 2009.
Prosecutors say they were related to alleged money laundering or the result of illegal activities involving the respondents, Bernama said. A date for the forfeiture hearing has not yet been fixed, it added. Goh and Low’s whereabouts are unknown, though Low has consistently denied wrongdoing. A spokesman for Low did not immediately respond to a request for comment on the latest motion.
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