Malaysia: Biggest seizure in historical past – New Straits Times

PHOTO: New Straits Times
“Items included 423 watches worth 78 million Malaysian Ringit, including the most costly one, a Rolex Paul Newman Daytona value about 3.5 million Ringit. (1 Malaysian Ringit = ~8 Thai Baht)
PBS English is reporting that up to 1.1 billion Malaysian Ringit (about 9 billion baht) value of cash, jewelry, luxury handbags and watches, in addition to sun shades have been seized from residences and workplaces linked to former Malaysian prime minister Najib Tun Razak within the ongoing investigation into 1Malay­sia Development Berhad (1MDB), making it the biggest seizure in Malaysian historical past, in accordance with The Star newspaper.
But talking to on-line news web site Malaysiakini the former premier insisted that the gadgets are primarily items and a few others had been bought. He additionally stated his spouse doesn’t imagine the valuation will come up to that amount.
Bukit Aman Commercial Crime Investigation Department (CCID) director Datuk Seri Amar Singh stated the collective value of the objects seized was estimated at between 900 million and 1.1 billion Malaysian Ringit, the paper reported.
“Of course we’re shocked. I suppose that is the biggest seizure within the country’s historical past,” he told reporters on the CCID headquarters yesterday.
“They include Seri Perdana, an office (in Putrajaya), three units at Pavillion Residences and his (Najib) private residence in Langgak Duta,” Comm Amar mentioned.
He added that greater than 12,000 pieces of jewellery, together with 2,200 rings, 1,four hundred necklaces, 2,100 bracelets, 2,800 pairs of earrings, 1,600 brooches and 14 tiaras, have been among the gadgets seized.
“The most expensive merchandise is a yellow and brown diamond necklace, which has a price of a minimum of RM6.4 million (52 million baht), “ he stated.
He said the police had been within the means of determining whether or not some of the objects have been introduced to Najib as gifts.
Read Undiscovered of the ongoing story HERE..

Leave a Comment