This as it has regained access to its account at CIMB Bank. FMTNews CIMB Umno
CIMB Bank says Umno has been able to access its account there since last Friday.
Its lawyer Tania Scivetti told High Court judge Mohamed Zaini Mazlan that instructions had been given to withdraw the application while the bank’s lawyer Rabindra Nathan said Umno had been given access to its account since last Friday. The prosecution had sought to recover more than RM192 million which it said were 1MDB funds received in 2013.
Scivetti told reporters Umno’s decision to withdraw its bid for committal proceedings was made following the appeals court’s ruling on Friday.
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