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The largest number of confiscated property in the history of Malaysia
REPUBLIKA.CO.ID, PUTRAJAYA – The Malaysian government plans to sell most of the confiscated property taken at the residence of the country. former Malaysian Prime Minister Najib Razak. This was revealed by Malaysian Finance Minister Lim Guan Eng.
"We will try to monetize it as best we can, but keep in mind that it is only a drop of water in the water. ocean compared to the total amount that it yields, "said Lim Guan Eng
. , 423 watches and 234 sunglbades of various brands from Najib Razak's residence. This amount became the biggest loot that the Malaysian authorities had made in history.
Assets have an estimated value of more than 273 million US dollars. Lim said the figure is still low compared to the loss of US $ 12.4 billion from Najib's 1Malaysia Development Berhad (1MDB).
"Imagine if this number was discovered or revealed in the United States, it would certainly interfere even for a country as rich as the United States," Lim said.
"Especially for a country as small as Malaysia, it is absolutely unimaginable," he said.
1MDB is a red plaza company founded by Najib in 2009. The state investment enterprise continues to accumulate debts. The US Department of Justice suspects a diversion of $ 4.5 billion from 1MDB from the year until 2014.
Part of the flow of funds goes to Najib's personal account. Meanwhile, another 27.3 million US dollars were mentioned as being used to buy expensive jewelry for Najib's wife, Rosmah Mansor.
Najib confirms non-corruption related denials 1MDB
luck with the election of Mahathir Mohamad as the new prime minister. Lim said the country would go further into the "black hole" if Najib managed to be reelected as head of government.
"Everything will be exhausted when he is re-elected. Currently, the glbad is half full and we will rehabilitate the finances to recover so that we can boost the country's economic momentum," Lim said.
Lim reveals another corruption related to 1MDB. He found it after reviewing documents at the Department of Finance that were previously reserved for a few people
It is optimistic that most of the 1MDB-related scandals were found. Nevertheless, he says that there will be a lot of "mini 1MDB" scandals that will unfold over time.
Meanwhile, Najib Razak insists that jewels and other items seized are a gift from his colleagues abroad for dozens of years. He said the local government has greatly exaggerated the results and made it a means of political revenge against his family.
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