Sunday 28 Apr 2024
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This article first appeared in The Edge Financial Daily on October 16, 2019

KUALA LUMPUR: Yayasan Tun Hussein Onn is still awaiting the Attorney-General's Chambers' written reply to its representation letter against the forfeiture of RM1.98 million which the foundation had allegedly received from 1Malaysia Development Bhd (1MDB).

In the High Court yesterday, Deputy Public Prosecutor (DPP) Mohd Farez Rahman informed Judicial Commissioner Datuk Ahmad Shahrir Mohd Salleh the prosecution will require a few more days to provide its written reply to the letter of representation sent by the foundation, seeking to settle the matter out of court.

"The prosecution was supposed to have given the foundation a response by today (yesterday)," its lawyer Datuk Hariharan Tara Singh told theedgemarkets.com.

While that did not happen, Hariharan pointed out that the DPP did indicate in court the foundation's representation was "quite positively considered".

Nonetheless, Ahmad Shahrir set Oct 25 for case management, which may be moved earlier, depending on when the prosecution can provide its reply to the foundation and the High Court.

As of now, Ahmad Shahrir has maintained Oct 24 as the date for both parties to provide their written submissions for the main action, and Nov 4 as the tentative date of the hearing should the representation fail.

Yayasan Tun Hussein Onn is one of 41 entities that are alleged to have received some RM265.03 million of funds stolen from 1MDB.

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