Hundreds of designer bags, jewellery, cash seized in Malaysia from ex-PM - News Summed Up

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


WorldKUALA LUMPUR (Reuters) - 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 Najib Razak. Shortly after Najib and his long-ruling political coalition were defeated in the polls, new Prime Minister Mahathir Mohamad barred him and his wife, Rosmah Mansor, from leaving the country. Singh said police carried out simultaneous searches at six premises linked to Najib, all in connection with their investigation into 1MDB. “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. 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.


Source: Sunday Times May 18, 2018 06:00 UTC



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