Seized from KL Condos: RM114M Cash, Jewellery, Watches, Handbags, Shoes

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Crunching the numbers.

  • 22 bank officers, 11 counting machines, 3 days to count haul
  • 35 bags of cash
  • 26 different currencies
  • RM114 million total amount of cash
  • 37 bags of jewellery and branded watches
  • 284 boxes of luxury handbags

“A total of 72 bags were seized, and from that 72 bags, only 35 bags contained cash,” said Federal Commercial Crime Investigation Department (CCID) director Datuk Seri Amar Singh at a press conference on Friday (May 25).

Hari Anggara

Amar said that the cash was from 26 different currencies, and it took 21 officers from Bank Negara and one officer from Bank Islam, as well as 11 counting machines and three days to count the total amount seized.

He added that the remaining 37 bags had contained jewellery and luxury watches, the value of which has yet to be ascertained.

“We are in the process of authenticating the watches and jewellery and getting estimates of the items’ worth,” said Amar, adding that he will hold a press conference revealing the total net worth of these items next week.

He also said pictures of the seized luxury items would be sent to experts abroad, including in Paris, for authentication purposes.

“There are many brands, but most of them are from Paris,” he said.

Amar urged the public not to believe rumours or viral pictures of valuables allegedly from the seizures as they were fake. He said no photographs had been allowed during the operations except those by police photographers documenting the evidence.

Police earlier announced that 72 bags and 284 boxes containing luxury handbags were seized during their operations, as part of an investigation into the 1MDB scandal.

Amar said the confiscated bags and items were from three premises, two of which belong to Najib’s children. The other unit is unoccupied.

He said police also confiscated several pairs of shoes from a unit occupied by Najib’s daughter.

Earlier, it was reported that among the items seized from the Pavilion Residences linked to former premier Najib Abdul Razak was 100kg of gold bars.

However, Amar refused to confirm this during the press conference.

“Once I have a person to confirm with me that it is gold, then I will verify it,” he said.

Amar also defended the police searches of the properties linked to Najib.

“We have all the powers under Chapter 13 under the Criminal Procedure Code, in addition to the search warrant,” he said.

Earlier reports:

May 24, Pavilion Condo Raid Haul Now at Bank Negara

May 22, Police Have Their Hands Full Counting Cash

May 18, Astounding Haul!