Kuala Lumpur, May 25
Malaysian police on Friday said that they seized cash amounting to almost USD 30 million and over 400 handbags in raids on luxury apartments as they probed corruption allegations swirling around ousted leader Najib Razak.
The money and a vast trove of handbags, as well as watches and jewellery, were found in two condominiums in Kuala Lumpur.
A total of 12 locations, including the ex-leader’s home, were searched by the police last week as a part of an investigation into the scandal surrounding a sovereign wealth fund.
Giving an update, the police’s head of commercial crime Amar Singh said, “From the money found, there were 26 currencies, the total amount as of Thursday was 114 million (ringgit) (USD 28.6 million).” A total of 284 boxes containing designer handbags were found in that condominium. Police also seized about 150 handbags from another apartment in the same complex where Najib’s daughter was staying.
Najib’s defeated party, the United Malays National Organisation (UMNO), insisted the seized cash was party funds, which the ousted leader had intended to return to the party. “Political funding is allowed under our laws,” said a party statement. — AFP
All readers are invited to post comments responsibly. Any messages with foul language or inciting hatred will be deleted. Comments with all capital letters will also be deleted. Readers are encouraged to flag the comments they feel are inappropriate.
The views expressed in the Comments section are of the individuals writing the post. The Tribune does not endorse or support the views in these posts in any manner.