The total items seized from residences related to Datuk Seri Najib Razak in May over a probe into 1Malaysia Development Bhd (1MDB) have been valued between RM900 million to RM1.1 billion.
Federal Commercial Crime Investigation Department (CCID) director Datuk Seri Amar Singh Ishar Singh said the items were seized from various locations in Kuala Lumpur and Putrajaya.
Amar said police do not expect to make any arrests soon. However, he said they will call Najib and his wife, Datin Seri Rosmah Mansor, to have their statements recorded for an investigation, linked to 1MDB.
TTF: Bottom line, PDRM spent weeks “sleeping in bed” with the items but has yet to narrow down their value-range. Moreover, not only was the method of valuation kept secret, the force has yet to ascertain if indeed those items were purchased using money Pakatan Harapan insists was stolen from 1MDB. In short, it was a dumb and meaningless press conference by Amar Singh Ishar Singh, though I don’t really blame him for it.
At the end of the day, he had his orders, which likely came from Dr Mahathir Mohamad.
KUALA LUMPUR: The total items seized from residences related to Datuk Seri Najib Razak in May over a probe into 1Malaysia Development Bhd (1MDB) have been valued at around RM1.1 billion.
The seized items include cash, jewellery, branded watches and handbags, as well as designer sunglasses.
Addressing a packed press conference at Bukit Aman, Federal Commercial Crime Investigation Department (CCID) director Datuk Seri Amar Singh Ishar Singh said the items were seized from various locations in Kuala Lumpur and Putrajaya.
He said a large number of items were seized from several condominium units at the Pavilion Residences in Bukit Bintang. Some of the items were also from Najib’s residence in Jalan Langgak Duta, Taman Duta.
Also checked was Najib’s office in the Prime Minister’s Department and the prime minister’s official residence in Seri Perdana.
Amar said the haul totaled 72 pieces of luggage containing cash, jewellery and watches, and 284 boxes of watches, taken from nine locations. Twenty five of the bags, he said, contained jewellery such as rings, diamonds, earrings and bracelets.
There were 12,00 pieces of jewellery in total, comprising among others, 1,400 necklaces, 2,200 rings, 2,800 pairs of earrings, 1,600 brooches and 14 tiaras.
“The most valuable piece of jewellery is believed to be a gold white diamond necklace, estimated to be worth RM6.4 million,” he said.
Police also seized a total of 567 handbags of 37 different designer brands such as Hermes, Prada and Chanel.
From the total, 272 were from Hermes. Police have so far only managed to assess the value of the Hermes bags, which are believed to be worth RM51.3 million.
The most expensive handbag in the collection, he said, was believed to be worth RM1.6 million.
Amar said also seized was a custom-made Bijan bag, which was among the most expensive items.
“This brand of bags are exclusive and custom-made. You can’t find them in shops or boutiques because there will only be one piece produced by the designer, or when requested by a customer,” he said, adding that police also seized 374 designer sunglasses.
Also seized were 423 watches from luxury brands such as Rolex, Cecil Purnell, Patek Philippe and Richard Mille, estimated to be worth RM78 million in total.
The most valuable timepiece, he said, was a rare Rolex ‘Paul Newman’ Daytona, estimated to be worth RM3.5 million.
Amar said, including the cash seizure of RM116.7 million, the total value of the seized items were between RM900 million to RM 1.1billion.
He said eight special teams comprising experts and officers were involved in the counting and valuation process. The team took 36 days (May 21 to June 25) to conduct their tally and assessment due to the large number of items.
Many of the items, he said, had to be valued by experts from abroad.
“Eight special teams comprising experts and officers were involved in the counting process, totaling 150 personnel,” he said.
Amar said police do not expect to make any arrests soon. However, he said they will call Najib and his wife, Datin Seri Rosmah Mansor, to have their statements recorded for an investigation, linked to 1MDB.
Amar Singh said police have so far recorded more than 30 statements over its investigation, which is being conducted under the Anti-Money Laundering Act.
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This pitiful excuse of a press conference is to distract Malaysians from the (increasing) problems facing Malaysia as well as the unfulfilled promises (i.e weakening Ringgit, declining stock market, increase in cost of goods despite zero-rated GST, petrol price yet to decrease to RM1.50/litre, tolls still yet to be abolished, PTPTN, flip-flop on ECRL, the LGE bahasa Mandarin debacle, etc...)
Inilah sandiwara Mahthir untuk menutup malu serta memesongkan pemiliran rakyat atas manifesto PH menjelang 100 hari yang gagal ditunaikan. Ini juga untuk memesongkan pemikiran rakyat atas dosanya menjarah harta rakyat semasa 22 tahun memerintah terutama rompakan Bank Negra Malaysia berjumlah RM30 bilion yang belum selesai lagi.
Did Najib signed for the goods and monies seized?
Amar.....the PC held was less convincing and not impressive to implicate those items siezed are purchased from IMDB as loudly preached...the onus is on the AG, MACC & Police force to ascertain beyond reasonable doubt these siezed items are on fact bought from stolen money. It wud not be surprised the enforcers may fabricate and plant evidence tu support the charges which in any case wud not adhere to the fair rule of law....
What more surprising is why the AG, MACC and police force yet to press to speed up the Tokong LGE corruption charges ie Jln Pinhorn Bungalow minus the swimming pool, Penang Undersea Tunnel consultancy pmt to ICEs, Sg Lembu illegal factory protected by Phee Boon Poh, just to name a few.
Did we not see a double standard rule if law being practised here by PH leaders, AG, MACC....
What more surprising is why the AG, MACC and police force yet to press to speed up the Tokong LGE corruption charges ie Jln Pinhorn Bungalow minus the swimming pool, Penang Undersea Tunnel consultancy pmt to ICEs, Sg Lembu illegal factory protected by Phee Boon Poh, just to name a few.
Did we not see a double standard rule if law being practised here by PH leaders, AG, MACC....
Still talking since 2014, 2015 but yet to act accordingly, my guess is they are planting evidence and with the help of swiss thief and UK liar.
ds amar singh should also sieze and count all the jewelleries and handbags inside pavillion shopping mall to make it more dramatic. and also the baby shoes department too.
Sehingga ke hari ini banyak pekara ,masalah yang tidak dapat Tun M selesaikan.Hari ini Bursa Saham Malaysia mencatat paras terendah atau merosot 230 mata sejak PH memerintah.Ini adalah sebagai petunjuk bahawa ekonomi Malaysia semakin teruk..Rakyat akan terasa kesannya selepas enam bulan yakni penghujung tahun ini suku pertama tahun 2019. SELAMAT MERASA NIKMATNYA.
Mahathir has a real penchant for misusing Government resources.
Sending PDRM on a wild goose chase, will be proven historically, post Mahathir.
I think they hand counted the RM$116 millions that’s yet to be claimed by UMNO.
I am damn sure if and when UMNO retrieves these money, the $116 millions will be counted and paid out 1 note at a time.
Sending PDRM on a wild goose chase, will be proven historically, post Mahathir.
I think they hand counted the RM$116 millions that’s yet to be claimed by UMNO.
I am damn sure if and when UMNO retrieves these money, the $116 millions will be counted and paid out 1 note at a time.
I guess every one is dissapointed the amount does not come close to 2.6 billion or even more. I hope dsn and family sue that policeman for a lot of things. Dsn has worked since he is 22 yrs old. He has met a lot of world leaders and they always exchanging gifts. Amar is going to look foolish after this is all over.
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