Connect with us

News

Here’s What Najib Has to Say About the Seized Cash & Luxury Items From 1MDB Raids

Published

- World Of Buzz
Source: Business Insider Malaysia

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Our former prime minister Dato’ Seri Najib Razak has been in the spotlight since the 1MDB probe regained its pace after the 14th General Election that led to the switching of the federal government.

Since then, the probe against Najib has been ongoing and many pieces of evidence that are believed to be linked to the graft-scandal were recovered in the process. Nonetheless, the 64-year-old has never commented on the goods and cash seized during the raids.

21 Njis 1529502831

Source: nst

After keeping a tight lip for a long time, Najib finally decided to give an explanation for the cash, luxury handbags and jewellery seized during the raids, reported NST. 

Thus, providing clarification on the subject, here’s what Najib has to say about the luxury items and cash seized during an intense 1MDB probe:

 

1. Wedding gifts from Kazakhstan

While it’s believed that the Hermes Birkin bags, other designer bags, cash-filled bags and jewellery were all bought with the money laundered from the 1MDB fund, Najib said that those are actually gifts from his son-in-law in Kazakhstan. 

“Yes these were gifts, particularly with my daughter’s they were tagged, they were actually labelled: when, by whom,” explained Najib.

He noted that his son-in-law, Daniyar Nazarbayev, the nephew of Kazakhstan President Nursultan Nazarbayev, gifted a lot of bags to his wife. He must love his mother-in-law, a lot! 

Header2 15

Source: the coverage

He was quoted as saying,

“People might find it hard to understand, but my son-in-law, for example, he gets Birkin from his source, five or six at one go.”

“His family has got some means, so it has nothing to do with 1MDB if it comes from Kazakhstan.”

 

2. Donation from Saudi Arabia 

Assuring repeatedly that the money is a donation, Najib once more reaffirms that the USD681 million (approx. RM2.7 billion) is a donation from Saudi Arabia. 

Apparently, he was notified that the late Saudi King Abdullah bin Abdulaziz Al Saud would be sending a donation.

“All I knew, I accepted at face value that this is coming from the Saudis, from King Abdullah at his behest, at his instruction,” Najib told to Reuters.

He also denied knowledge of any transactions that were done with his personal account because he appointed Nik Faisal Ariff Kamil, the director of SRC International, ex-1MDB unit to manage it.

On the other hand, he said that 114 million ringgit found in his family’s KL home were funds belonging to the United Malays National Organisation (Umno).

Finally, Najib ended the interview by reinstating that he had never had plans of leaving the country anytime soon and is keen to clear his good name.

“No, I never had plans to leave. Because if I leave, there’s presumption of guilt.”

“I cannot be a fugitive for the rest of my life. I want to clear my name.”

He’s going to stick around, guys! 

So, what do you guys think of Najib’s statements? Do you believe that there’s some truth to his explanations for his alleged involvement in the 1MDB scandal and the items seized from the raids? Let us know in the comments section! 

 

Also read: Here Are the Possible Charges Against Najib for 1MDB, Reveals Tun M

- World Of Buzz

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Kyan Ft.pptx 44 Kyan Ft.pptx 44
News22 hours ago

Monthly SARA Aid For Eligible M’sians Now Credited Directly To MyKad

Starting 1 October, eligible Malaysians can look forward to some financial relief as the monthly Sumbangan Asas Rahmah (SARA) aid...

Wob 2026 Ft Image Didi 14 Wob 2026 Ft Image Didi 14
News23 hours ago

“Now everyone can enjoy the race together” – PMX Says 2026 Formula 1 Gulf Air Bahrain Grand Prix Will Be Broadcast Live

Prime Minister Datuk Seri Anwar Ibrahim has shared some good news for Malaysians, giving everyone the chance to enjoy the...

Kyan Ft.pptx 43 Kyan Ft.pptx 43
News23 hours ago

“Better for him to stay at IJN for now” – Mukhriz Says Tun M Needs Time To Recover

After spending 70 years of marriage together, returning home without Tun Dr Hasmah Mohd Ali may be especially difficult for...

Wob 2026 Ft Image Didi 12 Wob 2026 Ft Image Didi 12
News1 day ago

“Applicants must be registered voters” – S’gor Expands RM30 Monthly Public Transport Subsidy To Cover KTM Komuter

More Selangor residents can now benefit from the RM30 Monthly Selangor Public Transport Subsidy, following its expansion to cover KTM...

Wob 2026 Ft Image Didi 11 Wob 2026 Ft Image Didi 11
News1 day ago

“I am not perfect” – AKPS Chief Responds To Viral Video Allegedly Showing Him Handling Man Forcefully

A video allegedly showing Director-General of the Border Control and Protection Agency (AKPS), Datuk Seri Mohd Shuhaily Mohd Zain went...

Kyan Ft.pptx 30 Kyan Ft.pptx 30
News2 days ago

PERKESO Introduces RM1,000 Mobility Aid For Malaysians Who Lose Their Jobs

From today onwards (1 October), eligible Malaysians who lose their jobs can access improved benefits under amendments to the Employment...

Wob 2026 Ft Image Didi 9 Wob 2026 Ft Image Didi 9
News2 days ago

OpenAI Scraps Next-Gen AI Model After It “Didn’t Quite Meet The Bar” On Safety

OpenAI has scrapped plans to release its next-generation artificial intelligence (AI) model, GPT-6.1 Astra, following safety concerns raised during internal...

Kyan Ft.pptx 22 Kyan Ft.pptx 22
News2 days ago

M’sians Can Now Get Eligible Follow-Up Medications Delivered For Free Under New MOH Initiative

Starting today (1 October, 2026), the Ministry of Health (MOH) is fully subsidising delivery charges for the Ubat Melalui Pos (Postal...

Announcement

Latest Videos



TRENDING TODAY