MALAYSIA: OVER 50 PEOPLE INCLUDING POLITICAL FIGURES RECEIVED FUNDS – DEPUTY IGP

KUALA LUMPUR, More than 50 people received money that can be traced to the billions of ringgit of 1MDB-linked funds that went into former PM Najib Tun Razak’s bank account and political figures were among the recipients, says Noor Rashid Ibrahim.

The Deputy Inspector General of Police revealed this at Bukit Aman, mere hours after senior lawyer Muhammad Shafee Abdullah was charged in court with money laundering on Thursday.

The four charges against the senior lawyer relate to RM9.5mil that he received from Najib.

We followed the money trail from the US$972mil (RM2.97bil) that had made its way into the bank account of the former prime minister through three phases from Good Star, Aabar and Tanore, said Noor Rashid.

From here, we identified more than 50 individuals who have received money through more than 100 transactions.

(Good Star, Aabar and Tanore are foreign companies that investigators say are part of the 1Malaysia Development Bhd scandal.)

Noor Rashid said police had taken statements from 64 people in connection with the case and were expected to do the same with other individuals soon.

Noor Rashid declined to say if Muhammad Shafee was among those who had received part of the US$972mil.

Noor Rashid also said the police had yet to receive any official claim from any party over the cash and items seized from premises connected to Najib.

That said, there have been statements in the media over the cash seized. Because of these statements, we have served notices to several individuals under Section 32 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 to come in and have their statements taken over the matter, he added.

Noor Rashid explained that the Act allowed the police to hold seized items for one year while conducting investigations.

We have also identified several individuals to be charged for offences, including criminal breach of trust by agent, criminal conspiracy to commit criminal breach of trust, abetting in committing criminal breach of trust, and receiving stolen property.

We also need to take statements from witnesses from abroad to complete our investigations, Noor Rashid said, adding that they had applied to the Attorney General’s Chambers for mutual legal assistance in order to get these statements.

Source: NAM News Network

MALAYSIA: OVER 50 PEOPLE INCLUDING POLITICAL FIGURES RECEIVED FUNDS – DEPUTY IGP

KUALA LUMPUR, More than 50 people received money that can be traced to the billions of ringgit of 1MDB-linked funds that went into former PM Najib Tun Razak’s bank account and political figures were among the recipients, says Noor Rashid Ibrahim.

The Deputy Inspector General of Police revealed this at Bukit Aman, mere hours after senior lawyer Muhammad Shafee Abdullah was charged in court with money laundering on Thursday.

The four charges against the senior lawyer relate to RM9.5mil that he received from Najib.

We followed the money trail from the US$972mil (RM2.97bil) that had made its way into the bank account of the former prime minister through three phases from Good Star, Aabar and Tanore, said Noor Rashid.

From here, we identified more than 50 individuals who have received money through more than 100 transactions.

(Good Star, Aabar and Tanore are foreign companies that investigators say are part of the 1Malaysia Development Bhd scandal.)

Noor Rashid said police had taken statements from 64 people in connection with the case and were expected to do the same with other individuals soon.

Noor Rashid declined to say if Muhammad Shafee was among those who had received part of the US$972mil.

Noor Rashid also said the police had yet to receive any official claim from any party over the cash and items seized from premises connected to Najib.

That said, there have been statements in the media over the cash seized. Because of these statements, we have served notices to several individuals under Section 32 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 to come in and have their statements taken over the matter, he added.

Noor Rashid explained that the Act allowed the police to hold seized items for one year while conducting investigations.

We have also identified several individuals to be charged for offences, including criminal breach of trust by agent, criminal conspiracy to commit criminal breach of trust, abetting in committing criminal breach of trust, and receiving stolen property.

We also need to take statements from witnesses from abroad to complete our investigations, Noor Rashid said, adding that they had applied to the Attorney General’s Chambers for mutual legal assistance in order to get these statements.

Source: NAM News Network