Malaysiakini News

1MDB taskforce says RM1.1b funds in 408 accounts frozen

Published:  |  Modified:

A total of 408 bank accounts belonging to individuals, political parties and NGOs - with funds totalling RM1.1 billion - were frozen on June 26 and June 29, according to the 1MDB taskforce.

This was contrary to earlier reports which indicated that the MACC had frozen 900 bank accounts in connection with its probe on the embattled state-investor.

In a statement today, the four-member taskforce said the frozen accounts included those belonging to 81 individuals and 55 companies, believed to, had in the past received funds from 1MDB.

"The accounts are believed to be linked to alleged funds misappropriated from 1MDB.

"It (the funds) involved nearly 900 transactions made between March 2011 and September 2015," said the special task force.

At the same time, the task force said it did not discount the possibility that more accounts would be frozen in the course of its probe.

"All of the accounts were frozen in accordance with the laws of the country and therefore the issue that such actions were taken to victimise certain parties should not arise," said the task force.

The task force also once again reassured that it was carrying out its probe in a fair and professional manner, and in accordance with the law.

As such, it went to urge all parties involved to fully cooperate with its ongoing investigations.

The task force comprises former attorney-general Abdul Gani Patail, former MACC chief Abu Kassim Mohamed, MACC chief Mohd Shukri Abdull and former Bukit Aman Special Branch deputy director Abul Hamid Bador.

The New Straits Times had last Friday quoted sources who said that Umno’s bank account is one of 900 purportedly frozen by the MACC.

The report came one day after Umno president Ahmad Zahid Hamidi revealed that MACC had frozen the bank accounts belonging to the party, as well as Selangor Umno.

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