Saturday, November 25, 2006

Lulu Confused Over Contact Lens Guy's Bond

Remember the contact lens guy? Well, he's out on bond.
Abdul Razak Baginda was released on a RM1mil court bond after he claimed trial to a charge of abetting in the murder of Mongolian beauty Altantuya Shaariibuu.
The 46-year-old political analyst was allowed to go home yesterday after a High Court here allowed his release under the bond, which was without security, due to his poor health.

Do you know what it means to be release under the bond, which was without security?
The article which follows, No deposit needed for certain court bonds, explains that the bail amount is not deposited. The person who stands surety is only required to sign a bond that compels him to pay the bail amount in the event the accused person absconds, according to criminal lawyer M. Manoharan.

TheStar reports that
The analyst’s brother Dr Abdul Rani Abdullah, 49, and sister Rohannee Abdullah, 50, acted as sureties for the bond.
Before they agreed to it, Justice Abdul Kadir reminded them of an additional condition imposed on the bond – the automatic forfeiture of RM100,000 in the event that Razak defaults.
Does this mean that if Razak tak datang, only RM100,000 is forfeited, not RM1,000,000?
Then why bother saying that he is out on a RM1mil bond when the no-show penalty is 1/10th of the bond?

Or is Lulu not understanding this bond thing?

2 comments:

Anonymous said...

GuaGua says that RM 1 million bond goes to show that this Baginda's nest is truly rich. Which also proves that he can afford to go anywhere and do anything he wants.

Anonymous said...

He certainly developed poor health very fast - and without mentioning of having any history of such before. He drove a Porsche and the haste was seen in emphasizing that it was an old one.

~wits0~