Hundreds of designer bags, jewelry, cash seized in Malaysia from ex-PM

KUALA LUMPUR: Malaysian police seized 284 boxes of designer handbags and dozens of bags filled with cash and jewelry on Friday from a luxury condominium in the center of Kuala Lumpur linked to former prime minister

Police have been searching Najib’s home and other places linked to him as part of an investigation into the scandal-plagued state fund 1Malaysia Development Berhad (1MDB), an extraordinary turn of events that few would have predicted before a May 9 general election that he was expected to win.

Items such as Birkin handbags from Hermes, jewelry, watches and other valuables were carted out of the condominium at the upmarket Pavilion Residences, in the pre-dawn hours, police said.

“Exactly how much jewelry, I would not be able to say, because we know that we confiscated bags containing jewelry and the number of jewelry is rather big,” Amar Singh, director of police commercial crime investigations, told reporters at the scene.

SIMULTANEOUS SEARCHES

The U.S. Justice Department said last year in a filing in a civil lawsuit that nearly $30 million of funds stolen from 1MDB was used to buy jewelry for Rosmah, including a rare 22-carat pink diamond set in a necklace.

Singh said police carried out simultaneous searches at six premises linked to Najib, all in connection with their investigation into 1MDB.

The premises include the prime minister’s office and official residence in the administrative capital of Putrajaya, the family mansion in Kuala Lumpur where Najib lives, and three other private residences linked to him.

“This is the result of the search in one of the six premises,” Singh said, pointing to the hundreds of luxury items seized from the condominium.

Singh said police had also seized documents linked to 1MDB.

Stories of lavish spending by Najib’s family have long been a sore point for Malaysians.

A prime minister earns a fixed salary of 22,826.65 ringgit ($5,7500) a month and cannot invest in businesses or stocks while in office. Najib earned an additional monthly salary of 16,000 ringgit as a member of parliament.

Police began their searches late on Wednesday, with officers seen entering Najib’s private home some 20 minutes after he had asked, in a post on Twitter, for “forgiveness for past sins,” shortly after he had attended prayers on the eve of the holy month of Ramadan.