‘In­ves­ti­ga­tions on­go­ing into seizure of valu­able items’

The Borneo Post - - HOME -

KUALA LUMPUR: The Royal Malaysia Po­lice is still in the midst of con­duct­ing in­ves­ti­ga­tions into the seizure of valu­able items in re­la­tion to 1Malaysia De­vel­op­ment Ber­had (1MDB) at a lux­ury con­do­minium in Jalan Raja Chu­lan here on May 17.

Bukit Aman Com­mer­cial Crime In­ves­ti­ga­tion De­part­ment di­rec­tor, Datuk Seri Amar Singh Ishar Singh said the in­ves­ti­ga­tion was still in the midst of iden­ti­fi­ca­tion, au­then­ti­ca­tion and val­u­a­tion of the ex­hibits which in­cluded watches, jew­ellery and other valu­ables.

“A re­port that the count­ing process of watches and jew­ellery has been com­pleted is pre­ma­ture as we have not yet fin­ished with the au­then­ti­ca­tion and val­u­a­tion pro­cesses,” he said in a state­ment here yes­ter­day.

He said an official press con­fer­ence would be con­ducted to an­nounce the ac­tual value of the watches and jew­ellery once the au­then­ti­ca­tion and val­u­a­tion pro­cesses were com­pleted.

Amar Singh also ad­vised mem­bers of the me­dia and public to be pa­tient on this mat­ter.

Ac­cord­ing to a re­port re­leased Tues­day by a Chi­nese news­pa­per, a to­tal of 433 watches worth about RM80 mil­lion were found in 37 bags seized from a con­do­minium.

The news­pa­per’s re­port said the re­sults of the as­sess­ment on the watches were es­ti­mated by ex­perts to be in the re­gion of RM80 mil­lion, in­clud­ing a Rolex watch worth RM3.5 mil­lion. — Ber­nama

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