MACC drops all money laundering charges against Najib’s former PR chief Paul Stadlen, Umno lawyer Hafarizam

Paul Stadlen to release RM7.1 million to 1MDB, money laundering case withdrawn

KUALA LUMPUR : The Malaysian Anti-Corruption Commission (MACC) has dropped its money laundering charges against former Apco Malaysia boss Paul Geoffrey Stadlen, who also previously aided Datuk Seri Najib Razak in his publicity campaigns after he, the Attorney General’s Chambers (AGC) and lawyer Datuk Mohd Hafarizam Harun came to an agreement.

In a statement today (July 30), MACC said Paul had voluntarily agreed to forgo a sum of RM7,192,873.84 and that money would be deposited into the trust accounts of 1Malaysia Development Berhad (1MDB).

“The MACC would like to state that an agreement has been made between the AGC, Paul Geoffrey Stadlen and Datuk Mohd Hafarizam Harun who was charged under Section 4(1)(a) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 for misappropriating a sum of RM15 million.null

“Stadlen has voluntarily agreed to release a sum of RM7,192,873.84 to a 1MDB trust account. As such, the case against him has been dropped,” the anti-graft agency said.

“In addition MACC and the AGC have decided that the case against Hafarizam will also be dropped once he pays a compound of RM590,587.26 as he too is being charged under Section 92 (1) Act 613.”

Umno legal adviser Hafarizam was charged in February 2019 with money laundering for allegedly depositing RM15 million in illegal funds via three cheques from Najib into his law firm’s client account.

Umno lawyer Datuk Mohd Hafarizam Harun speaks to reporters outside the Sessions Court in Kuala Lumpur July 30, 2021. ― Bernama pic
Umno lawyer Datuk Mohd Hafarizam Harun speaks to reporters outside the Sessions Court in Kuala Lumpur July 30, 2021. ― Bernama pic

Under the first charge, Hafarizam was accused of engaging directly in two transactions that involved proceeds from illegal activity, by causing RM11.5 million through two AmIslamic Bank Berhad cheques belonging to Najib to his law firm Hafarizam Wan & Aisha Mubarak’s client account in CIMB Bank Berhad.

He was alleged to have done so between April 16 and November 4, 2014.

As for Stadlen, an arrest warrant was issued for him in February 2019.

Stadlen’s case involves two counts of money-laundering charges for ordering payments amounting to a total of over RM14.25 million from Hafarizam’s law firm’s client account to several individuals and companies.

The first charge alleges that Stadlen had ordered RM8,111,322.43 from illegal activities to be paid via 27 transactions from Hafarizam’s law firm’s client account to individuals and companies during June and December 2014 period.

The second charge alleges Stadlen of having ordered the transfer of RM6,139,078.34 in proceeds from illegal activities via 16 transactions from the same client account to individuals and companies between January and August 2015.

Stadlen was reported to have left Malaysia after Najib lost power on May 9, 2018.

MALAY MAIL

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s