Friday, May 18, 2018

Malaysia: Bags of cash, jewellery, loot, seized from Najib Razak's properties

Handbags stuffed with cash, jewellery items and hundreds of expensive purses were among the items seized from homes owned by former Malaysian Prime Minister Najib Razak's family, during police raids in Kuala Lumpur.
Investigators took boxes of Hermes Birkin bags from one property and loaded them into five police trucks. Hermes bags cost between tens of thousands up to $200k each.

Ex-first lady Rosmah Mansor is a divisive figure in Malaysia.
Police also seized at least 72 bags filled jewellery, watches as well as cash. Najib Razak is prevented by the new government from leaving the country, and is being investigated by the new government over a corruption scandal at the state-owned investment fund, 1Malaysia Development Berhad (1MDB), from which officials are alleged to have stolen more than $4.5bn.