Dr M: Civil forfeiture suit not meant to bankrupt Umno

Dr M: Civil forfeiture suit not meant to bankrupt Umno

PUTRAJAYA: The civil forfeiture suit filed against Umno was not meant to bankrupt the party but is intended to reclaim RM212 million of 1MDB-related funds as it is an effort to recover funds stolen from the state fund.

“What happened is that Umno took stolen money for its divisions, so they must pay back the money,” said Prime Minister Tun Dr Mahathir Mohamad.

“The money must be paid back to the government as public funds were stolen by (former premier) Najib Razak,” he added.

“If they want to set up another (new) Umno, they can do it. But if they committed any wrongdoing, legal action must be taken,” he also said, adding that if the government wanted to make Umno bankrupt, it could have been done much earlier.

The Malaysian Anti-Corruption Commission’s move to seize upto RM270 million funds linked to 1MDB was likened to an effort to bankrupt Umno and eventually deregister the party.  Pakatan Harapan youth also plans to lodge a complaint against Umno to the Registrar of Societies

The funds include RM212 million from Umno divisions including Pekan.

Reaction from Umno leaders, however vary, with Umno acting president Datuk Seri Mohamad Hasan saying that the party would mount a legal challenge whereas Johor Umno chief Hasni Mohammad opting for a new party or joining an existing one.


Tags assigned to this article:
1MDBcivil forfeiture suitUmno