Putrajaya to recover US$107 million in assets in deal to drop case against Riza Aziz


Riza Aziz, stepson of former PM Najib Razak, was today given a discharge not amounting to an acquittal over five counts of laundering up to US$248 million via a Red Granite Pictures, a Hollywood production house he co-owned. – The Malaysian Insight file pic, May 14, 2020.

THE government is expected to recover overseas assets, estimated at US$107.3 million (RM465.3 million), as part of a deal to drop money laundering charges against Najib Razak’s stepson Riza Aziz, the Malaysian Anti-Corruption Commission (MACC) said today.

In a statement, the MACC said it has been informed that it is a conditional release where the prosecution reserves the rights to reinstate the charges and prosecute the accused if there is no satisfactory completion of the agreement.


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Comments


  • I'll too like to steal from the government and return only some to go scott free!

    Posted 3 years ago by CS Lee

  • Looks like Riza is off the hook and probably with some loose change in the form a few millions US$ in his pockets when he gets acquitted. Is this justice?

    Posted 3 years ago by Rupert Lum

  • What a joke....

    Posted 3 years ago by Nigel Chong