Court Grants Discharge Not Amounting To Acquittal To Riza Aziz, Government Will Recover USD 107.3 Million In Assets
THE prosecution, has applied to the court for a discharge not amounting to an acquittal on Riza Shahriz Abdul Aziz from several charges made on July 5, 2019 at the Kuala Lumpur Sessions Court.
The Malaysian Anti-Corruption Commission (MACC) 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.
As a result, the Malaysian government is expected to recover overseas assets involved in the offense, which is estimated at USD 107.3 million (RM465.3 million). Based on the agreement, the accused is required to pay a compound to the government under Section 92 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 which is punitive as an alternative to the charges that have been brought against him.
The agreement between the prosecution and the accused through representation in court was a decision considered and agreed by the former Attorney General, Tan Sri Tommy Thomas.
MALAYSIAN ANTI-CORRUPTION COMMISSION
14TH MAY 2020