Umno Bank Accounts Frozen by MACC

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Ku Li aims to free Umno’s frozen assets.

  • Zahid speculates RoS will deregister Umno
  • Claims that Umno leaders may be investigated,  their assets frozen by MACC

Umno presidential candidate Tan Sri Tengku Razaleigh Hamzah said today he would attempt to get back the party’s funds that were frozen by the Malaysian Anti-Corruption Commission (MACC).

Tengku Razaleigh, known as Ku Li, said he believed the MACC had acted in accordance with the law. He was speaking at a meeting with Umno delegates at his house today.

“They can do what they want as long as it’s based on the law. Every action has a reaction.

Bernama

“We will find a way to unfreeze the assets so that we can get back what truly belongs to the party and use it in our struggle,” he said.

The MACC confirmed that Umno’s bank accounts were frozen in its investigations on state investment firm 1Malaysia Development Berhad (1MDB).

Datuk Seri Ahmad Zahid Hamidi, who is also running for the Umno presidency, said the MACC had frozen Umno’s bank accounts for its national headquarters here as well as for its Selangor chapter.

The former deputy prime minister said he was sure Johor Umno’s accounts would also be frozen as well.

Zahid also speculated Home Minister Muhyiddin Yassin would tell the Registrar of Societies (RoS) to deregister Umno.

“There’s no guarantee that anyone who wins the Umno presidency, Supreme Council membership, vice-presidency or deputy presidency will not be investigated by MACC.

“There’s no guarantee that the Johor mentri besar will not be investigated by MACC because we are no longer the government,” Zahid said during his speech at a Johor Umno Hari Raya ceremony.

Zain Ahmed

“They can issue a letter any day and freeze our assets the next,” he added.

Meanwhile, Ku Li predicted that his competitor for the president’s post, Khairy Jamaluddin, would not accept any position if he loses.

“Those who contest face risks. There are those who are lucky and those who aren’t,” he said.