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In first raid on Najib’s home, cops seized 16 Chanel, 10 Gucci, eight Versace, five Oscar de la Renta… the list goes on

(Source: sg.news.yahoo.com)

A police truck is seen leaving Datuk Seri Najib Razak’s house carrying boxes believed to contain luxury designer bags on May 17, 2018. — Picture by Ahmad Zamzahuri

PETALING JAYA, May 18 — A police report has emerged detailing the list of 52 luxury handbags seized from the private home of toppled prime minister Datuk Seri Najib Razak in Taman Duta in the first raid on Wednesday.

This list does not yet include the nearly 300 boxes of handbags that filled up five Black Marias that were seized last night from the two condominium units at Pavilion Residences, also said to belong to Najib.

The handbags from the first raid include 16 Chanel, eight Versace, 10 Gucci, five Oscar de la Renta. There were also Dolce & Gabbana and Louis Vuitton handbags.

Apart from the handbags were 10 luxury watches from brands like Rolex, Hublot, and Patek Philippe.

Hard cash, including denominations in British pound sterling, ringgit, and Sri Lankan rupees were also confiscated. They amounted to £2,700 (RM14,514.12), RM537,000.00, and 2.8 million Sri Lankan rupees (RM72,233.52).

Converted to Malaysian ringgit, the cash totalled around RM623,747.

The high-end goods and cash were found in the surau (prayer room), storeroom, and in a bedroom occupied by one of Najib’s children.

“The items were confiscated because we have reason to believe that all the items were involved in a money-laundering offence under section 4(1) of the Anti-Money Laundering, Anti Terrorism Financing and Proceeds of Unlawful Activities Act 2001,” stated a police report sighted by the Malay Mail.

The section prohibits the direct or indirect engagement in a transaction that involves proceeds of an unlawful activity or instrumentalities of an offence.

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More Info: sg.news.yahoo.com