Najib: Cases of confiscated luxury goods for political revenge

These objects are gifts that he receives for decades

REPUBLIKA.CO.ID, KUALA LUMPUR – Former Malaysian Prime Minister Najib Razak says that the value attached to his confiscated property n & # 39; Is not true, and is an act of political revenge. Police say Najib's luxury goods are worth nearly $ 275 million.

Thousands of luxury items were confiscated by police during a raid on the site linked to Najib last month. The raid concerns a new investigation into the loss of billions of dollars from the 1Malaysia Development Berhad (1MDB) state fund, created by Najib in 2009.

Najib says that most confiscated items are gifts of money. friends and foreign officials. Including royalties for various occasions, including official visits and family events.

"Any evaluation based on the retail price and current prices will be unrealistic, will probably be greatly improved and will give a very distorted picture as these items are accepted as gifts." Najib said in a statement quoted in ChannelNewsAsia, Friday ( 28/6).

He said that the valuation of property seems to be done with views for political revenge and political attacks on his family. On Wednesday, police said they immediately interrogated Najib and his wife, Rosmah Mansor, for seizing luxury items from six locations.

Confiscated property includes 12 thousand jewels worth between 660 million – 880 million Malaysian Ringgit, and Rolex Paul Newman Daytona watches worth 869,565 US dollars.

Najib says that many items are stored in boxes that have been tagged with item descriptions, photos, receipt dates, and their gift identities. Including a watch that he said was a gift from the Minister of the Interior of the Middle East country.

Since his shocking election defeat of Mahathir Mohamad in May, Najib has been banned from leaving Malaysia. Najib denied wrongdoing and told Reuters last week that most of the items confiscated from his home were gifts to his wife and daughter. Articles have nothing to do with 1MDB

Malaysian Prime Minister Mahathir Mohammad, in an interview with Reuters last week, said that Najib was entirely responsible for the 1MDB scandal and that the authorities had a virtual deal perfect against him. The US Department of Justice said $ 4.5 billion was diverted from the fund.