Malaysia Police Say Found 286 Million Over 400 Handbags In 1mdb-linked Raids

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KUALA LUMPUR – Malaysian police said on Friday that cash worth 114 million ringgit ($28.6 million) and over 400 luxury handbags were seized from several apartments as part of an anti-graft probe into a state fund founded by former premier Najib Razak.

Najib’s home, and the apartments of a son and a daughter were among a dozen properties searched since May 18, Amar Singh, the head of commercial crime division, told a news conference.

Since his defeat in an election on May 9, Najib has been barred from leaving the country by the new government, which has relaunched an investigation into billions of dollars missing from 1Malaysia Development Berhad (1MDB).




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