In a bid to retrieve 1MDB money, authorities will ask BN parties, foundations, companies and individuals to return the money they received even if they were not aware that it had come from an illicit source.
- BN parties received 1MDB money, believed to be from bonds issued in 2012 and 2013
- Najib’s AmBank account fed with some RM2.6bil, allegedly from 1MDB, in March 2013
- Denying any wrongdoing, Najib claimed the money was a donation from Saudi royalty
- Funds from all his AmBank accounts put together amounted to around RM3.5bil, which was used for political funding and personal expenses
Beneficiaries of 1MDB money:
- Umno HQ – RM145m
- Selangor Umno – RM19m
- Johor Umno – RM25m
- MIC – RM15m
- MCA – RM11m
- SUPP, LDP – amount unknown
- Orb Solutions Sdn Bhd – RM62m
- 70 individuals, 60 companies, 10 foundations – RM500m
The freezing of Umno’s coffers at the central and state chapters could be linked to an alleged RM600 million that was deposited into the party’s account from 1Malaysia Development Berhad (1MDB), according to the New Straits Times (NST).
It is also understood that the authorities were also seeking to establish and attempting to retrieve “what could be left of the funds”.
The NST’s front page yesterday reported on the authorities’ move to freeze 900 accounts belonging to individuals and organisations, including Umno and other parties, to facilitate its probe into the 1MDB case.
The NST has learnt that among the frozen individual accounts, one belonged to a prominent lawyer.
The daily reported that the 1MDB Special Task Force assured the investigation was conducted fairly and professionally and in accordance with the law.
Meanwhile, a senior Umno leader confirmed with the NST that a vast sum of money had been transferred to the party “several years ago”. It was a lump sum totalling millions.
The leader also confirmed that at the height of the 1MDB probe under the previous administration, investigators did look into the party’s accounts.
Meanwhile, the Malay Mail reported today that other Barisan Nasional (BN) parties also have received money originating from 1MDB for the 2013 general election.
In a report by The Edge, sources were quoted as saying that among those that received the fund was Umno headquarters, which received nearly RM145 million from one of former Prime Minister Datuk Seri Najib Razak’s AmBank accounts.
The investigators believe that the fund originated from proceeds of 1MDB’s bonds issued in 2012 and 2013.
Investigators also noted that Najib’s other AmBank account had been fed with some RM2.6 billion in March 2013 allegedly from 1MDB and that funds from all his AmBank accounts put together amounted to around RM3.5 billion, which was used for political funding and personal expenses.
According to the report, Datuk Amhari Effendi Nazaruddinm the special aide to Najib when he was prime minister who was detained by the Malaysian Anti-Corruption Commission may have also received funds from Najib between 2011 and 2014.
Orb Solutions Sdn Bhd, in which Amhari is a director and joint shareholder, received RM62 million allegedly originated from 1MDB.
The company was formed in 2010 to provide web management and communication strategies solutions and was appointed to promote Najib and the BN government.
The report said Najib had also made payments via cheques to Selangor Umno (RM19 million), Johor Umno (RM25 million), as well as BN component parties like MCA, MIC, SUPP and the Liberal Democratic Party (LDP) in Sabah.
Sources reportedly said MIC was given RM15 million and MCA, RM 11 million.
The report further said that close to 70 individuals, 60 companies and 10 foundations also received some RM500 million from Najib’s account between 2011 and 2014.
The sources revealed that the individuals will be questioned and asked to return the money, even if they were not aware that the money had come from an illicit source.