Umno seeks contempt proceedings against bank over court order on 1MDB funds

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Lawyers Hariharan Tara Singh (left) and Tania Scivetti representing Umno in the government’s forfeiture application against the party to recover more than RM192 million of alleged 1MDB funds.KUALA LUMPUR: Umno has filed an application for an order to initiate contempt proceedings against a bank for allegedly disobeying a court ruling. The party’s lawyer Hariharan Tara Singh said CIMB Bank had not complied with a June 19 ruling in which the High Court dismissed the prosecution’s attempt to stay the decision on a forfeiture application. The prosecution had sought to recover more than RM192 million which it said were 1MDB funds received in 2013. The court ruled that the prosecution failed to prove on the balance of probability that the money came from 1MDB. “The court has not heard our leave application to initiate contempt proceedings today pending the prosecution’s new attempt to s…