4 Jan 2024
1. ) JJ Power Groups Enterprise 2. ) JJ Global Network Holdings Berhad 3. ) JJ Global Network 4. ) Utopia Entertainment Sdn Bhd 5. ) PCP Global Tech Sdn Bhd 6. ) L&L Property Ventures Sdn Bhd 7. ) JJ Global Recipe Sdn Bhd 8. ) Penang Old Wo
- Citation
- 05(L)-153-08/2022(W) (Mahkamah Persekutuan)
- Court
- L
- Case number
- 05(L)-153-08/2022(W) (Mahkamah Persekutuan)
In forfeiture proceedings under section 56 AMLA 2001 where no prosecution or conviction for money laundering or terrorism financing exists, all questions of fact including whether property constitutes proceeds of an unlawful activity (predicate/serious offence) are to be determined on the balance of probabilities pursuant to sections 56(4) and 70(1); section 70(2) does not require proof beyond reasonable doubt of predicate offences in such forfeiture proceedings. The High Court's factual findings that the JJPTR scheme involved deceit, constituted unlicensed/illegal deposit taking and that the…