COMMENT | In November 2018, the newly minted finance minister, Lim Guan Eng, announced that the government is considering introducing legislation similar to the UK’s Unexplained Wealth Order (UWO) in Malaysia.
This law compels a person to reveal their sources of unexplained wealth. The authorities will seize the assets of those who fail to account for their wealth when compelled to do so by the court-issued order.