Pendakwa Raya vs Taiko Fertiliser & Ors
The Public Prosecutor appealed against the High Court's decision to reject an application for forfeiture of assets under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. The assets included seven bank accounts and two luxury vehicles. The Court of Appeal allowed the appeal, finding that the High Court had erred in not following the mandatory procedure under section 61(2) of the Act.
Overview
Case Number
J-09-461-12/2016
Case Type
Criminal - Money laundering
Court
Court of Appeal Malaysia, Putrajaya
Coram Judges
- Mohd Zawawi Salleh
- Kamardin Hashim
- Abdul Karim Abdul JalilDelivered Judgment
Related Proceedings
High Court
MTJ(1)44-15-05/2015
High Court of Malaya at Johor Bahru
Subject Matter
Money launderingAsset forfeitureStatutory interpretation