Umno allowed access to RM192.9m following court order, withdraws contempt bid against CIMB
Monday, 06 Jul 2020 12:21 PM MYTKUALA LUMPUR, July 6 — Umno has withdrawn its application for leave to cite CIMB Bank for contempt over the return of RM192.9 million linked to 1Malaysia Development Berhad allegedly received from Datuk Seri Najib Razak.reported that Umno’s lawyer Tania Scivetti told the High Court of their intention to withdraw the contempt action.
The prosecution had sought the stay, pending its related appeal at the Court of Appeal against a February 7 Kuala Lumpur High Court order to dismiss the RM192.9 million forfeiture suit against Umno. On July 2, Umno filed an application to initiate contempt proceedings against CIMB Bank, as the bank has not released the political party’s RM192 million despite an order from the High Court, last month for the immediate release of the monies.
During proceedings before Zaini this morning, CIMB Bank’s lawyer, Rabindra Nathan explained to the court that the commercial bank has already allowed Umno access to its account around 2.22pm last Friday.
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