On Wednesday, Federal Commercial Crime Investigation Department (CCID) director Datuk Seri Amar Singh held a press conference after more than a month since bags of valuable items containing cash, jewellery, luxury handbags, watches, and many more were seized from Datuk Seri Najib’s residences.
The conference was to reveal the exact items that were confiscated and how much they were worth. The numbers keep on skyrocketing and the final amount sent shockwaves throughout the nation.
The New Straits Times
reported that the 72 bags
seized contain 12,000 pieces of jewellery
with a market value of between RM660 million to RM880 million
, 423 watches
worth RM78 million
, 234 sunglasses
, and 567 handbags
worth RM51.3 million
. Earlier on, it was revealed that RM116.7 million worth of cash
was also found.
The total value of the items was estimated to be up to RM1.1 billion
The jewellery includes 1,400 necklaces, 2,200 rings, 2,100 bracelets, 2,800 pairs of earrings, 1,600 brooches and 14 tiaras. The most expensive piece of jewellery seized is a gold white diamond necklace
worth an estimated of RM6.4 million
The 567 handbags consisted of luxury handbags from 37 different designers such as Hermes, Prada, and Chanel. 272 were Hermes bags and the most expensive bag is actually a custom-made Bijan
handbag worth RM1.6 million
Confiscated timepieces on the other hand were from luxury labels such as Rolex, Cecil Purnell, Patek Philippe and Richard Mille. The most expensive watch out of the lot is a rare Rolex ‘Paul Newman’ Daytona
worth RM3.5 million
234 sunglasses were also from luxury brands such as Versace, Dior,
Amar Singh says that this was Malaysia’s biggest seizure in history after estimating the value of the items to range between RM900 million to RM1.1 billion – a number we common peasants could only dream of.
Well, we couldn’t agree more, it looks like straight out of a movie. Who knows, after this they’ll really make a movie about 1MDB.