Connect with us


RM1.1 Billion Worth of Valuables Seized From Najib’s Residences, Here’s What They Include


Valuables Seized From Najib'S Residences Worth A Whopping Rm1.1 Billion, Here'S What They Include - World Of Buzz 5
Source: Twitter

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

It’s official, peeps! Federal Commercial Crime Investigation Department director Datuk Seri Amar Singh Ishar Singh has just held a press conference today (June 27) to announce the total value of items seized at the raids on residences linked to former Prime Minister Dato’ Seri Najib Razak.

Valuables Seized From Najib's Residences Worth A Whopping Rm1.1 Billion, Here's What They Include - World Of Buzz

Source: twitter

According to The Star, after weeks of counting, the total amount of valuables the police confiscated from six premises including the Prime Minister’s Office, Najib’s official residence, Najib’s Langgak Duta home and Pavillion residences came up to a staggering amount. The total value is reported to be RM686.37 million but their market retail value is estimated to be between RM910 million and RM1.1 billion. OMG, so much money just stashed at home!

Here’s the list of the items seized in the raids and their respective values:


1. RM116.7 million in 26 different currencies

2. 25 bags containing 12,000 jewellery items worth RM440 million in materials alone, not withstanding the market value, which could be at least 50% more. Some of these jewellery include 1,400 chains, 2,200 rings, 2,800 pairs of earrings and 14 tiaras. The most expensive piece of jewellery was a yellow gold necklace with white diamonds estimated to cost RM6.4 million. No pink diamond was found though!

3. 567 handbags were counted and so far, 267 of the bags are estimated to cost a total of RM51.3 million from 73 brands including luxury names such as Hermes, Chanel and Bijan

4. Six bags containing 423 watches worth RM78 million including brands like Rolex, Chopard and Richard Mille

5.  234 pairs of sunglasses worth RM374,000 including brands such as Versace, Dior and Gucci

Valuables Seized From Najib's Residences Worth A Whopping Rm1.1 Billion, Here's What They Include - World Of Buzz 1

Source: twitter

Valuables Seized From Najib's Residences Worth A Whopping Rm1.1 Billion, Here's What They Include - World Of Buzz 2

Source: twitter

Amar Singh said the count of the items took so long because the amount was simply too much and the officers did not have the necessary expertise. They had to call in experts to value the items. The amount of cash alone required 22 officers from Bank Negara with six cash machines to count. He said it was “the biggest seizure in Malaysian history.”

As for the jewellery, the police had to take 16 days and the expert could only give them an estimated value on the cost of materials. They had to transport the seized items to a safe house for valuation and to ensure that the integrity of the evidence was maintained. All the bags and boxes were reportedly “filled to the brim”.

The raids are linked to the 1Malaysia Development Berhad (1MDB) probe and everything was seized under anti money-laundering laws. Currently, the items have been put for safekeeping at Bank Negara. However, Amar Singh also mentioned that Najib and his wife Datin Seri Rosmah Mansor will be called in for questioning soon. 

Some reporters at the press conference asked whether it was Umno’s money as the party had claimed previously but Amar Singh said that they would have to come in and give their statements on this matter if it was true.

Wow, to think that Najib and his family had so much cash and valuable items just lying around at home! And where did all these goods come from?


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

 - World Of Buzz

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

Just In

Feat Image Rtm Wrong Translation Fb Feat Image Rtm Wrong Translation Fb
News8 hours ago

Fahmi: Facebook Wrongly Translated ‘Junjung Kasih’ as ‘Condolences’ in RTM’s Post Congratulating YDPA

The automatic translation function on Facebook caused controversy online today after a post by Malaysia’s national public broadcaster RTM congratulating...

Collage 35 30 Collage 35 30
News11 hours ago

“As early as 5AM” – Residents of KL Condo Line Up to Use Public Restroom After 9 Days Without Water

One day without the water supply is tough enough, let alone one week. However, residents of a condominium in KL had...

Raub Durian Thief Raub Durian Thief
News11 hours ago

Man Steals 3 Durians From Orchard, His Father Pays RM10,000 to Peacefully Settle Case

It is now durian season, and almost all Malaysians know some of the best durians, which can be found in...

Fan Made Poster Mugshot Fan Made Poster Mugshot
News12 hours ago

Ministry of Youth & Sports Clarifies That Poster With “Mugshots” of Olympic Athletes is Fan-Made

The Olympics will be held soon in Paris, and many people look forward to it. With the anticipation high, many...

Collage 35 27 Collage 35 27
News15 hours ago

PDRM: Farah Kartini Was Brought to Multiple Locations in Tanjung Malim Before Her Murder

The late Farah Kartini was brought to multiple places before she was murdered, according to PDRM. In a report by...

Crowdstrike Risk Of Phishing Crowdstrike Risk Of Phishing
News1 day ago

“Some are exploiting the issue” – National Security Agency Warns M’sians on Crowdstrike Issue

On 19 July, many airports and offices experienced an IT outage. Later, it was revealed that the source of the...

Collage 35 26 Collage 35 26
News2 days ago

MoF: Najib Razak Has Yet to Clear His RM1.7 Billion of Income Tax Debt

Former Prime Minister Najib Razak is behind bars, but his trial is far from over, and he still has massive...

Helicopter Crash In Bali Due To Kite String Helicopter Crash In Bali Due To Kite String
News2 days ago

Helicopter in Bali Crashes After Getting Entangled in Kite Strings

On July 19, a helicopter in Bali, Indonesia, was flying when it suddenly came crashing down. According to The Jakarta...


Latest Videos