KUALA LUMPUR, Jan 20 ― The High Court here today ordered two luxury cars and cash of RM22,600 belonging to former 1Malaysia Development Berhad (1MDB) lawyer Jasmine Loo Ai...
KUALA LUMPUR, Jan 20 ― The High Court here today ordered two luxury cars and cash of RM22,600 belonging to former 1Malaysia Development Berhad lawyer Jasmine Loo Ai Swan to be forfeited to the government.
The application for the forfeiture of the vehicles and money was made in accordance with Section 56 of the Anti-Money Laundering, Anti-Terrorist Financing and Proceeds of Unlawful Activities Act 2001. “I have examined the affidavits and submission from both parties and decided that the third party's application to claim the immovable property belonging to the respondent which was seized on February 15, 2021 is allowed.
In November 2021, the prosecution filed a notice of motion to forfeit the two cars, money and the condominium belonging to Loo.
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