RM114 Million Cash Seized And More New Updates From The Raids On Najib-Linked Properties

Two condo units belong to Najib's son and daughter.

In a press conference today, 25 May, Bukit Aman Commercial Crime Investigation Department Director (CCID) Amar Singh revealed some new information regarding their raids conducted at several Najib-linked properties

According to his statement today, here's what we know so far:

1. Police have searched 12 different locations and have recorded 30 statements

Among the properties raided include former Prime Minister Datuk Seri Najib Tun Razak's home in Langgak Duta and three Pavilion condominiums linked to him.

Image via BBC

2. Some of the items seized from Najib's home in Langgak Duta included around RM500,000, foreign currencies, and handbags

According to a police document previously verified by Channel NewsAsia, 52 branded bags, 10 luxury watches, and cash in multiple currencies including RM537,000 were seized from his home.

It was reported that the search was done for investigation purposes under the Anti-Money Laundering Act.

Image via mid-day

3. Out of three condo units in Pavilion Residences, two belong to Najib's son and daughter, while the third unit is still under investigation

The third unit containing most of the items was said to have been unoccupied, although Amar denied to elaborate further.

72 bags and 284 boxes of items were carted away from the Pavilion Residences. Shoes and 150 bags were also seized from the daughter's apartment unit. 

As previously reported, some of the designer handbags seized included Hermes Birkin bags that can cost up to RM1.5 million each.

Image via Finance Twitter

4. Amongst 72 bags seized, 35 contained RM114 million worth of cash

Amar Singh stated that there were 26 different currencies altogether; the two largest currencies were in Ringgit and Singaporean dollars.

He noted that it took 21 bank officials and 11 counting machines to tally the total amount seized.

Image via CNN

5. The remaining 37 bags contain jewellery and watches, which have yet to be valued

"We are in the process of authenticating the watches and jewellery and getting estimates of the items' worth," he said, adding that he will hold a press conference revealing the total net worth of the items next week, The Star reported.

6. Some photos circulating the Internet alleging that they are from the raids are false

Amar Singh said at the press conference that during the raids, photographs were only taken by authorised police photographers using cameras and not mobile phones.

"So I remind all the people and the media, do not believe it and do not fool anything that is false because it can affect the investigation," said Amar Singh.

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