$273m in valuables seized in Malaysia's ex-PM probe

2018-06-27 14:31
An officer of Malaysia's Federal Commercial Crime Investigation Department shows pictures of jewellery during a press conference in Kuala Lumpur, Malaysia. (Vincent Thian, AP)

An officer of Malaysia's Federal Commercial Crime Investigation Department shows pictures of jewellery during a press conference in Kuala Lumpur, Malaysia. (Vincent Thian, AP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Malaysian police say the total value of cash, jewelry and hundreds of watches and handbags seized from properties linked to former prime minister Najib Razak in a money-laundering investigation amounted to $273m.

Commercial crime investigations chief Amar Singh calls it "biggest seizure in Malaysia's history".

Singh says the items comprised 12 000 pieces of jewellery, 567 handbags, 423 watches and 234 sunglasses. He says the jewellery includes 2 200 rings, 1 400 necklaces, 2 100 bracelets, 2 800 pair of earrings, 1 600 brooches and 14 tiaras.

Allegations of corruption at the defunct 1MDB state investment fund that Najib set up led to the shocking defeat of his coalition in May 9 elections.

Najib and his wife have been barred from leaving the country. They have denied any wrongdoing.

KEEP UPDATED on the latest news by subscribing to our FREE newsletter.

- FOLLOW News24 on Twitter

Read more on:    najib razak  |  malaysia
NEXT ON NEWS24X

Inside News24

 
Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.