Bank accounts of Malaysia party Umno frozen by anti-graft agency

Umno vice-president Ahmad Zahid Hamidi said that the Malaysian Anti-Corruption Commission has frozen the bank accounts of its headquarters and Selangor branch.
Umno vice-president Ahmad Zahid Hamidi said that the Malaysian Anti-Corruption Commission has frozen the bank accounts of its headquarters and Selangor branch.PHOTO: THE STAR/ASIA NEWS NETWORK

JOHOR BARU (THE STAR/ASIA NEWS NETWORK, REUTERS) - Malaysia's anti-graft agency has frozen bank accounts belonging to the country's largest political party Umno.

Umno vice-president Ahmad Zahid Hamidi said on Thursday (June 28) that the Malaysian Anti-Corruption Commission (MACC) has frozen the bank accounts of its headquarters and Selangor branch.

Datuk Seri Ahmad Zahid, who is acting Umno president, said he received a call from the MACC notifying him that the accounts were now frozen.

"It is almost certain that after this, MACC will freeze Johor Umno's account as well," he said in his speech during the state party Hari Raya gathering on Thursday.

Dr Ahmad Zahid also said that it was possible that Home Minister Muhyiddin Yassin would order the Registrar of Societies to deregister Umno soon.

Earlier in June, Finance Minister Lim Guan Eng said that Malaysia intends to recover all funds illicitly taken from troubled state investor 1Malaysia Development Berhad (1MDB).

He said a plan was “on the table” to ask all individuals and political parties to return money that came from 1MDB, which was allegedly used as a slush fund by former prime minister Najib Razak. Datuk Seri Najib has consistently denied any wrongdoing, and repeated that he did not benefit or steal money from 1MDB.

 

The former premier has been questioned and had his homes raided in a renewed probe into money-laundering allegations at the state fund.

Mr Lim said Umno, the party Mr Najib had led until his election defeat in May,  was one of the parties to have received 1MDB money.