KUALA LUMPUR — Aug. 23, 2019: Three entities, including Yayasan Rahah, have agreed to forfeit over RM1.2 million related to 1Malaysia Development Berhad.
Yayasan Rahah has to forfeit RM839,489.82, Naza Quest Auto RM269,662 and Pekan Umno education bureau chairman Datuk Ibrahim Awang Ismail RM100,000.
Prosecutor Allan Suman Pillai proposed for an early date for mention because the respondents were ready to surrender the amount to the government.
The court also fixed August 30 to decide on Umno Pekan’s application to dismiss the prosecutor’s application to forfeit RM700,000 in the respondent’s frozen account.
The court set the same date for third parties with interest in the money to appear and stake their claim. — Bernama