KUALA LUMPUR: The High Court here has dismissed forfeiture suits filed by the government against Umno, Wanita MCA and two others in its bid to recover money linked to the 1Malaysia Development Bhd (1MDB). The other two are companies Binsabi Sdn Bhd and Perano Sdn Bhd. In his ruling, High Court judge Justice Mohamed Zaini Mazlan said he had perused each of the respondents' bank statements for the relevant period as stated in the forfeiture suit. The judge said he found that monies deposited in the accounts had long been spent. The government had sought to retrieve RM192,965,413.61 from Umno; RM300,000 from Wanita MCA; RM827,250 from Binsabi and RM337,634.78 from Perano.

Source: The Star February 07, 2020 06:00 UTC