KUALA LUMPUR — June 28, 2018: The family of Datuk Seri Najib Razak has started the legal process to claim their belongings which the police estimated to be valued between RM900 million and RM1.1 billion.
The former prime minister’s family maintains that the items seized by the police are mostly gifts from friends and foreign dignitaries and for occasions that included official visits, birthdays and weddings.
“Some of the items belong to relatives and third parties.
“We dispute the quantity and the valuation given at the press conference by the police since such valuation is subjective and is subject to when the gifts were given,” Najib said in a statement posted on Facebook and Twitter today.
He went on to say that as most of the items were gifts accumulated over the decades, the family is not aware of how much was paid by those who had gifted them.
Najib said any valuation based on retail and current prices would be unrealistic, likely to be grossly inflated and would give a very distorted picture as those items were received as gifts over a period that spanned decades.
As an example, he referred to the Rolex watch that was valued by the cops at RM3.4 million.
This item referred to by the police appears to be a recent gift along with several other valuables given by a minister who is also a prince from the Middle East who visited Malaysia last March.
“The police should also have stated that this item along with several others were contained in a box with the royal crest of a foreign country.
“This fact should not have been omitted,” said Najib.
He further pointed out that many of the items were contained in boxes properly labelled by his staff, with item descriptions, photographs, dates received and identity of the persons.
“Similar to the over-inflating of the national debt, the over-inflating of the quantity and value of the items seized as well as the press conference appears to be done with a view for political vengeance and political attack on my family,” he said.
Yesterday, federal police commercial crime director Datuk Seri Amar Singh Ishar Singh told a press conference that the value of the items seized was between RM900 million and RM1.1 billion. — Bernama