Police seize $28m cash in raids linked to ex-PM Najib

Police seize $28m cash in raids linked to ex-PM Najib

Police seize $28m cash in raids linked to ex-PM Najib

Written by Staff Writer

26 May, 2018 | 6:28 pm

Malaysian police say they found $28.6m (£21.3m) in cash stuffed in bags during a search of several apartments linked to ousted leader Najib Razak. Police have also seized 400 luxury handbags.

Malaysian police revealed that 72 bags of luggage – 35 of which were stuffed with $28.6m of cash in 26 different currencies – as well as jewelry and luxury watches were found from an empty apartment in a series of separate raids last week.

A total of 284 boxes containing expensive designer handbags were also seized from the vacant premises.

Two other residences occupied by Najib’s son and daughter were also raided.

The raids were related to an investigation into state development fund 1MDB, from which billions of dollars were allegedly stolen.

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