Jewelry, cash filled designer bags seized from home of Malaysia′s ex-PM Najib Razak | News | DW | 18.05.2018
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Jewelry, cash filled designer bags seized from home of Malaysia's ex-PM Najib Razak

Malaysian police have seized a major haul of luxury goods from properties linked to ex-Premier Najib Razak. The raids are part of a corruption probe at state investment bank 1MDB.

Malaysian police seized several hundred designer handbags, dozens of them filled with cash and jewelry, from properties linked to scandal-plagued ex-Prime Minister Najib Razak, local media reported on Friday.

The new prime minister, Mahathir Mohamad, has vowed to probe Najib's alleged roll in pilfering billions of dollars from the state investment fund 1MDB.

Commercial crime director Amar Singh Ishar Singh told local media that investigators were still trying to determine the value of the haul. In all, 284 boxes of luxury handbags as well as 72 bags of jewelry and cash were seized.

"Our personnel checked these bags and discovered various currencies including; Malaysian ringgit and US dollars; watches, and jewelry in 72 bags," Singh said. "Exactly how much jewelry, I would not be able to say, because we know that we confiscated bags containing jewelry and the amount of jewelry is rather large."

Singh said the valuables were seized  late on Wednesday in raids  on six properties linked to the former premier, including the prime minister's office and official residence as well as four private residences.

Najib's wife, Rosmah Mansor, is known for expensive shopping trips abroad.

Malaysia Hausdurchsuchung bei Ex-Premier Najib Razak (picture-alliance/AP Photo)

Police spent hours starting late Wednesday searching properties linked to Najib

1MDB investigation gains momentum

The raids that began late Wednesday are linked to an investigation into the 1MDB scandal relaunched after Mahathir became prime minister last week.

Over the weekend the 92-year-old prime minister barred Najib, his wife, and others linked to 1MDB from leaving the country.

The raids raised speculation that Najib could be arrested after Mahathir suggested his former ally could be charged over the 1MDB scandal soon.

Najib has been accused of corruption and the mismanagement of 1MDB, which he established in 2009. He denies any wrongdoing. 

Six foreign countries are also investigating the former prime minister and his associates at 1MDB.  US investigators say at least at least $4.5 billion (€3.8 billion) of the fund's assets were stolen and laundered.

Nearly $700 million had appeared in Najib's bank account. A Malaysian investigation into Najib was ultimately dropped in 2016.

Meanwhile, Mahatir has put the attorney general that cleared Najib of wrongdoing on leave and relieved the country's treasury head, who was also the 1MDB chairman, of his duties.

Malaysia Mahathir Mohamad in Kuala Lumpur (picture-alliance/AP Photo/A. Wong)

Mahathir has vowed to get back billions of dollars in missing state funds

Political shake-up 

Mahathir, who ruled from 1981 to 2003, came out of retirement to spearhead a four-party alliance that won a surprise victory in the May 9 elections, ending nearly 60 years of rule by the Basiran National coalition.

Popular frustration over the 1MDB affair is widely believed to have led to Najib's loss.

On Wednesday, Mahatir's foe-turned-ally Anwar Ibrahim was released from prison. 

Read more: Malaysia's Anwar Ibrahim: from prisoner to prime minister-in-waiting 

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cw/sms (AFP, dpa, AP, Reuters)

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