Court rejects MACC forfeiture application against Jakel

Jakel won the case against MACC when the court agreed that the money the company received was a result of a normal business transaction.

Written by TheMole

KUALA LUMPUR — March 13, 2020: An application by the Malaysian Anti-Corruption Commission to forfeit RM10,747,042.77 it seized from Jakel Trading Sdn. Bhd., believed to be linked to the 1Malaysia Development Berhad case, was today rejected by the High Court.

Judge Datuk Muhammad Jamil Hussin made the decision after he was satisfied the payment received by Jakel was a regular business transaction.

In this case, what should be determined by the court is whether the seized sum was the result of illegal activity.

The payment received was for goods supplied and the respondent thus should not be blamed and punished, observed Justice Muhammad.

On the balance of probabilities, the applicant has failed to prove the asset was the result of illegal activity, he said.



About the author