Thursday 28 Mar 2024
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KUALA LUMPUR (May 24): Umno wants the police to return the money seized after Datuk Seri Najib Razak had resigned as president of the political party.

In a statement from its communications team, Umno said the funds were being transferred to the new leadership following Najib's resignation.

The statement said the party constitution allows for Umno presidents to source and manage funds, including those for the general election.

“This was no different from our former president Najib, who had sourced for campaign contribution prior to GE14, and was managing our party’s funding.

“However, the remainder of these funds were seized by police after Najib stepped down as Umno and Barisan Nasional president, before it could be transferred to the current acting leadership,” said the statement.

It said the funds should be released to the party after the completion of investigations by the relevant authorities.

It is believed that the funds refer to the large amount of cash in various currencies — reported to total about RM120 million — that were seized from Najib-linked condos in Pavilion Residences here.

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