KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) will be appealing against the Kuala Lumpur High Court's dismissal of the government's application to stay the return of RM194 million in funds belonging to Umno, Wanita MCA and two companies.
In a statement today, the MACC said the Attorney-General's Chambers would file an application with the Court of Appeal soon.
Last week, High Court judge Mohamed Zaini Mazlan dismissed the prosecution's application to stay the return of the funds frozen by MACC in its 1Malaysia Development Berhad (1MDB) investigations, allowing Umno, which owns RM192 million of the money, to retrieve it.
The balance of the funds belong to Wanita MCA, Perano Sdn Bhd and Binasabi Sdn Bhd.
The High Court had dismissed the prosecution's application to forfeit the RM194 million after ruling in February, that the funds were not from unlawful proceeds sourced from 1MDB.