Prosecution fails to forfeit RM37m linked to PKFZ

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The prosecution has failed to forfeit over RM37 million from Kuala Dimensi Sdn Bhd and eight others in relation to the controversial Port Klang Free Zone (PKFZ) project.The Federal Court this morning dismissed the prosecution’s appeal and upheld an earlier Court of Appeal decision in the matter.Besides Kuala Dimensi, which was the main contractor of the PKFZ project, the prosecution has also named Bintulu MP Tiong King Sing, Transshipment Megahub Berhad, Coastal Skyline Sdn Bhd, Wijaya Baru Aviation Sdn Bhd, Wijaya Baru Sdn Bhd, Wijaya Baru Construction Sdn Bhd, and the Selangor State Development Corp (PKNS) as respondents.The government’s appeal is over the decision of the Kuala Lumpur High Court on Nov 4, 2011, to dismiss its (government) application to forfeit property valued at more than RM37 million owned by the two individuals and seven companies that managed the PKFZ pr…