The cash and items seized from the six residences linked to Datuk Seri Najib Tun Razak amounted to between RM900mil and RM1.1bil, say the police.
Federal Commercial Crime Investigation Department (CCID) director Datuk Amar Singh told a press conference Wednesday that it took them from May 21 to June 25 to ascertain the value of the cash and items seized.
The raids on the residences linked to the former premier were part of the 1Malaysia Development Berhad (1MDB) investigation.
Malaysian police head of commercial crime, Datuk Amar Singh, said 12,000 pieces of jewellery were seized from the six premises that were raided. The total value of gold jewellery and gemstones seized was RM440 million, excluding workmanship. Singh said the retail value of the items could be RM660 million to RM880 million.
Malaysian police head of commercial crime, Datuk Amar Singh, said 12,000 pieces of jewellery were seized from the six premises that were raided. The total value of gold jewellery and gemstones seized was RM440 million, excluding workmanship. Singh said the retail value of the items could be RM660 million to RM880 million.
Malaysian police said 567 handbags were seized. The value of the Hermes bags alone was RM51.3 million.
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