RM600m ‘channelled’ into Umno’s account

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KUALA LUMPUR: THE freezing of Umno’s coffers at the central and state chapters has been linked to an alleged RM600 million that was deposited into the party’s account.

The New Straits Times has learnt that investigators were seeking to prove that the money trail came from 1Malaysia Development Bhd (1MDB).

It is also understood that the authorities were also seeking to establish and secure “what could be left of the funds”.

The NST has learnt that among the frozen individual accounts, one belonged to a prominent lawyer.

The task force said the bank accounts of associations and companies under investigation had also been frozen.

It assured that the investigation was conducted fairly and professionally, and in accordance with the law.

 

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