Tag - Anti-Money Laundering

MACC proceeds with asset forfeiture of Daim’s UK properties

PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has been authorized to proceed with the forfeiture of assets belonging to the late finance minister Tun Daim Zainuddin, his family, and his proxies in the United Kingdom. Chief commissioner Tan Sri Azam Baki announced at a press conference that UK counterparts have filed for similar action following Malaysia's request. "On...

Rosmah’s tax charges flawed, court hears

KUALA LUMPUR: The tax-related charges against Datin Seri Rosmah Mansor (pic) are flawed and violate her right to a fair trial under Article 5 of the Federal Constitution, the High Court heard. Rosmah’s lawyer, Datuk Firoz Hussein Ahmad Jamaluddin, argued that no proceeds of unlawful activity were generated by the alleged failure to declare income tax. He...

Search GISB-linked buildings in Sabah and Sarawak, Bukit Aman urges relevant agencies

KUALA LUMPUR: Bukit Aman has proposed that relevant agencies conduct searches at buildings linked to Global Ikhwan Services and Business Holdings (GISB) and subsequently seal the premises in Sabah and Sarawak. Inspector-General of Police Tan Sri Razarudin Husain said the police had a meeting with agencies involved in the investigations into GISB to scrutinise the current...