Property/Asset frozen by Malaysian Anti-Corruption Commission (AMLA)?

Have you ever had your bank account and money frozen by the Malaysian Anti-Corruption Commission because you were suspected of money laundering or suspected that your account is related to those money?

Once you are suspected, the Malaysian Anti-Corruption Commission can freeze your property for up to 12 months. Then within this 12 months, the Malaysian Anti-Corruption Commission can apply to the court to confiscate your property. During this period, the enforcement officers of the Malaysian Anti-Corruption Commission will conduct an investigation. If the Malaysian Anti-Corruption Commission finds out that you are really embezzling or have money of unknown origin, they can apply to the court to confiscate your property.

What can you do?

First, when your property is about to be confiscated, usually the prosecutor of the Malaysian Anti-Corruption Commission will notify you. At this time, the law enforcement officers of the Malaysian Anti-Corruption Commission will tell you the date of the court. They will also give you the relevant court papers. At this time, please don’t be afraid. Because in general, when many customers receive a phone call from the legal staff of the Malaysian Anti-Corruption Commission, they say that they will hand over the court paper to them. Usually customers are very scared. And refused to sign the document. How do you get your property back if you refuse to sign the documents?

Second, hire a lawyer immediately. This type of case must be heard in the Malaysian High Court. You will need to hire a lawyer to help you prepare documents to answer why your property should not be confiscated.

Third, the court will set a hearing date when your lawyer has prepared the paperwork for you to answer in the hearing. On the day of the hearing, a lawyer will be present on behalf of the client. The lawyer will tell the court why your property should not be seized. Of course, there are many reasons why your property should not be confiscated, but in the end the biggest reason is that your property has nothing to do with  money laundering. We will not talk about too many laws concept here, because we are afraid that our readers will be dizzy when they read it.

Remember, if you have any questions regarding this matter, immediately seek legal advice!