Luxury cars, RM22,600 belonging to ex-1MDB lawyer forfeited to govt
The KL High Court orders two luxury cars and cash of RM22,600 belonging to former 1Malaysia Development Bhd lawyer Jasmine Loo Ai Swan to be forfeited to the government. – The Malaysian Insight file pic, January 20, 2023.
Judge Azhar Abdul Hamid made the ruling after allowing the prosecution’s application to forfeit the rights to the vehicles and the money seized from Loo. The court also allowed an application by a third party, namely OCBC Bank Bhd, represented by lawyer Lim Jun Yik, to claim a condominium in Mont Kiara, which was seized from Loo.
“The prosecution’s application to forfeit the rights to three more properties – an Audi car and a Volkswagen New Beetle – seized on January 27, 2021, as well as money amounting to RM22,600 in the respondent’s Maybank Islamic Bhd current account that was seized on February 2, 2021, is also allowed,” said the judge.
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