Battle Over Ex-Top Cop's RM47m estate
WEALTH PRESERVATION
By V. AnbalaganKUALA LUMPUR: A bitter legal tussle is brewing between a brother and the son of a former deputy inspector-general of police who left RM47.3 million in property on his death in September.
Jeffri Jaffar, son of Tan Sri Jaafar Abdul, obtained an interim order against Ahmad Dedol from the Syariah High Court in Muar on Nov 4 to freeze all movable and immovable properties of his father until a decision by the court.
He also obtained an injunction to prohibit Ahmad from transferring or disposing of the property.
Jeffri, 39, wants Ahmad’s bank accounts frozen besides banks and and also that of banks and financial institutions, including Lembaga Urusan Tabung Haji, Permodalan Nasional Bhd, Bursa Malaysia and enforcement agencies, to adhere to the syariah court order.
He also wants Islamic religious enforcement agencies, the police, the court and other relevant departments to help him enforce the order.
Jaffar, 77, died on Sept 1 at the Gleneagles Hospital after massive upper gastrointestinal bleeding.
He joined the police force in 1951, rosing rising to become the director of the Federal police Anti-Narcotics Department in 1982.
Within several months, Jaffar was promoted to chief police officer of Johor.
In 1984, he was made the Federal police director of management and the deputy inspector-general of police the following year until his retirement in May.
After his retirement, he became the chairman of Cosway Corporation Berhad, Dutaland Berhad (formerly known as Mycom Berhad) and Yinson Holdings Berhad.
He was also a director of Olympia Industries Berhad, Silverstone Corporation Berhad, Parkson Holdings Berhad (formerly known as Amalgamated Containers Berhad) and several other private limited companies.
Jaffar’s wife, died three years ago.
In late October, Ahmad, 70, obtained a letter of administration from the High Court in Muar to administer Jaffar’s property.
Ahmad was entrusted with identifying Jaffar’s properties, settle his debts and distribute the balance of the wealth according to Islamic religious law.
However, Jeffri went to the syariah court to file an action to stop Ahmad from performing the task.
The New Straits Times understands the syariah court has fixed Dec 7 to hear the dispute which could include Ahmad’s application to set aside the order obtained by Jeffri.
According to the list of property in the letter of ad ministration, Jaffar has 36 landed properties worth RM9.7 million in Johor and Malacca.
This includes three clusters of property in Muar worth RM7.1 million.
He left behind RM37.3 million in Tabung Haji, savings and fixed deposits in Amanah Saham Malaysia (ASM) and Amanah Saham Wawasan 2020 (ASW), Bank Rakyat, Bank Simpanan Nasional (BSN) and several commercial banks.
Among the larger amounts are RM3.8 million in Tabung Haji, RM6.5 million savings in ASW, RM1.3 million in Amanah Saham Didik, RM2 million fixed deposit in Bank Rakyat and three fixed deposits of RM1 million each in BSN.
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