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Malaysia Police seize cash and luxury goods in Najib-connected raids



  Police remove items from Najib Razak's residence in Kuala Lumpur, Malaysia (18 May 2018)

Image copyright
EPA

Caption

Luxury handbags from Birkin, Hermes and Louis Vuitton were among the articles confiscated

Police in Malaysia say they have confiscated hundreds of suitcases full of luxury goods and handbags full of foreign currency from land related to ex-PM Najib Razak.

The raids on real estate in the capital Kuala Lumpur were related to investigations into the state development fund 1

MDB, they said.

Corruption claims against 1MDB were a major cause of Mr Najib's electoral loss to his former ally, Mahathir Mohammad

Billions of dollars are not reported from the funds Mr Najib presented

Mr Najib is said to be $ 700 million have bagged what he has always denied.

He was acquitted by Malaysian authorities, but is being investigated by several other countries.

Mr. Mahathir said he was considering resuming the case, and he believes that the missing money can be recovered. He forbade Mr. Najib from leaving the country.

The police raid on Mr. Najib's office, private residence and several other properties connected to him in an upscale area of ​​the capital take several days to the media.

Bild copyright
EPA

Caption

The objects were carried away by the police in front of onlookers

At one point, a locksmith was brought in to open a safe from Mr. Najib's house.

On Friday, chief of police police, Amar Singh, told reporters that the removed items contained "284 boxes of designer handbags."

"Our staff checked these bags and discovered various currencies, including Malaysian ringgit, US dollars, watches, and jewelry in 72 bags.

" Just how much jewelry I would not be able to say because we know we're confiscated Reuters has him bags of jewelery and the amount of jewelry is quite large, "he told reporters the handbags include luxury brands such as Hermes, Birkin and Louis Vuitton.

Mr. Najib's lawyer has complained that the Raids result in "unjustified harassment" that causes "fear" for Mr. Najib's family and other residents.

He said that the confiscated items "seem insignificant" and that the process "is a bad picture of mine Clients throws "[19659025] What happened since the election?

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Reuters

  • June 10: Mahathir Mohamad vereidi and ended six decades of rule by the Barisan Nasional Coalition.
  • 12th June: Najib Razak and his wife It is forbidden to leave the country.
  • fourteenth June: The controversial fake news law is being revised – but not withdrawn, says Mahathir.
  • sixteenth June: Former Mahathir opponent Anwar Ibrahim pardoned sodomy fees and released from prison. Government says controversial goods and services tax will end on June 1.

Fast repetition of the Malaysian election

What is the 1MDB corruption scandal?

image copyright
AFP

1Malaysia Development Berhad (1MDB) was to make Kuala Lumpur a financial center and stimulate the economy through strategic investment.

But it began attracting negative attention in early 2015 after missing out on some of the $ 11 billion in banks and bondholders.

Then the Wall Street Journal (WSJ) reported that it had seen a paper path allegedly demanding nearly $ 700 million back from the fund to Mr. Najib's personal bank accounts.

Mr. Najib has always denied taking money from 1MDB or any public funds. 19659040]
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