10 hours ago
- Business
- New Straits Times
Prosecution seeks prohibition order against Na'imah and associates over Jersey-based assets
KUALA LUMPUR: The prosecution today applied for a prohibition order against Toh Puan Na'imah Abdul Khalid and her associates to prevent them from dealing with her purported assets in the British crown dependency of Jersey worth US$157.5 million (RM667.26 million) and £85 million (RM490.44 million).
Deputy public prosecutor Maziah Mohaide made the ex-parte application to obtain the order under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds from Unlawful Activity Act 2001 (AMLA).
She told the court that the application came after investigations conducted under Section 113 of the Income Tax Act and Section 4(1) of AMLA.
"The assets are believed to have been obtained by Na'imah or her associates in Malaysia but it was not declared to the Inland Revenue Board," she said.
The DPP, however, did not go into details of the assets involved.
Maziah also informed the court that they had earlier this month applied for a prohibition order for Na'imah's assets in the United Kingdom and Singapore, worth £132 million and RM544 million respectively.
Meanwhile, Na'imah's lawyer Syed Afiq Syed Albakri applied to intervene in the proceedings and requested to be provided with all related documents.
He said, as the application had directly touched on his client's rights, it was only just that the matter was made inter partes (involving all parties) and not ex-parte.
"The prosecution should present reasonable grounds to support their application. For the sake of justice, it is appropriate for us to be given the space to intervene and be furnished with the related documents.
"We also ask that the prosecution inform us early if there are any sort of similar applications in the future," he said.
Jamil then directed Syed Afiq to file the official application to intervene to the court and set Aug 22 for hearing.
