Guan Eng: Malaysia considers introduction of unexplained wealth law — report

-A +A

KUALA LUMPUR (Nov 8): Malaysia is looking at introducing legislation similar to the UK’s Unexplained Wealth Order (UWO), The Malaysian Insight reported today, quoting Finance Minister Lim Guan Eng.

"UWO is a court order that compels a person to reveal their sources of unexplained wealth. Those who fail to account for their wealth will have their assets seized by the authorities," The Malaysian Insight reported.