July 15, 2011 | The Malaysian Insider
Datuk Awang Adek Hussin today said Bank Negara Malaysia (BNM) can freeze the assets of those believed to be participating in activities deemed risky to the nation’s security if the police recommend so.
The deputy finance minister highlighted this in relation to reports that the Bersih 2.0 movement headed by Datuk Ambiga Sreenevasan was receiving foreign funding for its activities.
According to Awang, provisions within the Anti-Money Laundering and Counter-Terrorism Financing Act allowed for the central bank to not only bar access to such funds but also trace both deposits and withdrawals of the offending accounts. Continue reading “BNM can freeze Bersih assets, says Awang Adek”