Up to RM1.

1 billion in cash, valuables seized from Najib, police

say
Updated about 8 hours ago · Published on 27 Jun 2018 11:21AM ·

Bukit Aman Commercial Crime Investigation Department director Amar Singh Ishar Singh presenting to the media the findings of the police investigations into
former prime minister Najib Razak today. – The Malaysian Insight pic by Nazir Sufari, June 27, 2018.

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RM440 million worth of jewellery and RM116.7 million cash was seized from residences linked to former
prime minister Najib Razak, police said today.

Including other items such as handbags and watches, the total value of items seized are estimated to be
between RM900 million and RM1.1 billion, said Bukit Aman Commercial Crime Investigation Department
director Amar Singh Ishar Singh.

Amar Singh said of the jewellery, the number of items alone was 12,000 and included 14 tiaras, rings,
diamonds, bangles and earrings.
 Among the more expensive pieces was a RM6.4 million necklace with a white diamond.

He told a press conference today that the jewellery valuation of RM440

million was only for the materials and did not factor in workmanship,
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Also seized were 567 handbags from 37 brands that included Hermes,
Prada, Versace and Chanel, among others. One of them, under the brand
Bijan, was custom-made and is not available on the market.

For the Hermes bags alone, of which there were 272 pieces, the value
was RM51.3 million.

The cash was found in 26 currencies and took three days to count with the help of 22 officers from Bank
Negara Malaysia, using six counting machines.

“We worked over the Hari Raya holidays,” Amar said, adding that a total of 150 police officers and other
personnel were involved. 

Amar Singh holding up to the press a picture of the trove of jewellery seized from Najib Razak's residences. – The Malaysian Insight pic by Nazir Sufari, June
27, 2018.

The seizures were made from raids at premises linked to Najib, including his private residence at Jalan
Langgak Duta and the condo units where his son and daughter lived at Pavilion Residences, as well as an
empty unit at the same condominium.
 Watches and sunglasses were also seized. There were 423 watches from more than 100 brands, with the
Rolex Daytona being the most expensive at RM3.5 million.

There were 234 sunglasses worth RM374,000, he added.

Amar said the huge number of items and their high value was why police couldn’t conduct the counting at
the premises of the raids, and police also needed the help of experts. The cash and jewellery are now kept
at Bank Negara.

“The amount was just too huge. This is the biggest seizure in Malaysian history,” he said when reporters
asked if even police were surprised at the amount seized.

Amar said police will be taking statements from certain people to determine if the items were given as gifts
to Najib’s wife, Rosmah Mansor, before questioning Rosmah again.

He said investigations into all the items and cash seized were being done under the Anti-Money Laundering,
Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA). – June 27, 2018.

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