RM120 Million. That's The Amount Of Cash Police Seized From Najib-Linked Pavilion Condos
That's a lot of money to keep in the house(s).
By Samantha Khor — 24 May 2018, 09:35 AM
Investigators have finally finished counting all the cash seized during a raid at Pavilion Residences last Friday, 18 May. The total? A whopping RM120 million.
Police raided three luxury condominiums allegedly linked to former Prime Minister Najib Razak last week, yielding a massive haul of 284 boxes filled with designer handbags as well as 72 luggage bags filled with watches, jewellery, and cash in various currencies.
Several luggage bags being loaded onto police trucks during the raid at Pavilion Residences last week.
Image via Luqman Hakim Zubir / New Straits TimesPolice later confirmed that the raids are part of investigations into the 1Malaysia Development Berhad (1MDB).
According to a report by The Star, sources revealed that police personnel and Bank Negara officers started counting some 30 bags of cash on Monday, 21 May
The Star's sources said that officers from the Bukit Aman Commercial Crime Investigation Department (CCCID) "pulled long hours to ensure the process was done thoroughly."
With assistance from Bank Negara officials, police personnel completed the counting process on Wednesday, 23 May.
Following the raids, Najib lodged a police report claiming that the cash seized from Pavilion Residences were donations from friends and meant for Barisan Nasional's campaign in the recent election
Items seized from the condos have been transferred to Bank Negara upon completion of the counting process at Bukit Aman CCID's office
Boxes seized from the Pavilion condos resemble the signature orange boxes containing Birkin by Hermès handbags.
Image via Luqman Hakim Zubir / New Straits TimesBukit Aman CCID director Datuk Seri Amar Singh Ishar Singh is also expected to hold a press conference to address the progress of their investigation into 1MDB at a later date.