The Borneo Post

Umno regains access to account, withdraws contempt bid against CIMB

-

KUALA LUMPUR: Umno yesterday withdrew its applicatio­n to initiate contempt proceeding­s against CIMB Bank, as the political party has regained access to its account there.

Lawyer Tania Scivetti, who appeared for Umno, told High Court Judge Mohamed Zaini Mazlan that instructio­ns had been given to her to withdraw the applicatio­n, which was supposed to be heard yesterday.

Justice Mohamed Zaini allowed the withdrawal request and struck out the applicatio­n.

Meanwhile, CIMB’s lawyer Rabindra Nathan informed the court that Umno had been given access to its account since last Friday.

“It (the freeze on the account) was lifted at 2.22pm on July 3,” he said.

On July 2, Umno sought to commence contempt proceeding­s against CIMB over claims that the bank had not complied with a ruling on June 19 in which the High Court dismissed the prosecutio­n’s attempt to stay its decision on a forfeiture applicatio­n.

On Feb 7, Justice Mohamed Zaini had denied the government’s applicatio­n to forfeit monies amounting to RM192,965,413.61 from Umno allegedly received from Datuk Seri Najib Tun Razak.

The sum believed to be linked to the 1Malaysia Developmen­t Berhad (1MDB) scandal was seized by the Malaysian AntiCorrup­tion Commission (MACC) from Umno.

In his verdict, the judge said it could not be convincing­ly proven that the monies were given by the former prime minister and that there was no evidence to prove that they came from unlawful activities. — Bernama

Newspapers in English

Newspapers from Malaysia