The High Court here has dismissed an application filed by the Government to seize assets totalling more than RM37mil in cash and cheques, and four pieces of land, belonging to seven companies and two individuals, including Bintulu MP Datuk Seri Tiong King Sing, in a case related to the Port Klang Free Zone (PKFZ) scandal.
High Court judge Justice Datuk Ghazali Cha ruled that the applicant had failed to prove the assets were obtained from unlawful activities under Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.
He said that as such, he was rejecting the application to seize under Section 56 of the same Act and ordered the assets to be returned to the seven companies and two individuals.
Ghazali also dismissed an application of the federal counsel to defer his decision.
On Nov 23 last year, the government had applied for property belonging to Tiong and Law Ka Hing as well as Kuala Dimensi Sdn Bhd (KDSB), Transshipment Megahub Berhad, Coastal Skyline Sdn Bhd, Wijaya Baru Aviation Sdn Bhd, Wijaya Baru Sdn Bhd, Wijaya Baru Construction Sdn Bhd and the Selangor State Development Corporation (PKNS) to be sealed and forfeited.
Source : The Star
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