JUDGMENT

Ravinthran Paramaguru JCA:

Introduction

[1] This is an appeal against the decision of the High Court that allowed the application of the Public Prosecutor to forfeit monies in bank accounts belonging to Liew Ket Boh, Kenny Liew Ket Weng (Kenny Liew) and two others, namely Centrowest Trading and Sun Construction. The application was made under s 56(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (the AMLATFPUAA). Centrowest Trading and Sun Construction did not contest the application of the Public Prosecutor. Liew Ket Boh and Kenny Liew opposed the application. The High Court allowed the application of the Public Prosecutor. Now, Liew Ket Boh and Kenny Liew who were the third and 4th respondents in the High Court have appealed against the forfeiture order made against the monies in their seized bank accounts.

Affidavit Evidence Of The Public Prosecutor

[2] The brief background facts summarized from the grounds of decision of the learned High Court Judge and the affidavits filed by the Public Prosecutor are as follows.

[3] One Ferdinand Fascol complained that he lost the money that he had invested in a scheme initiated by an enti