Malaysian authorities announced that they had found cash worth €24.5 million in family homes and more than 400 luxury handbags linked to former Prime Minister Razak Najib.
Najib, who suffered a shock election defeat to his onetime ally Mohammad Mahatir earlier this month, was questioned for six hours by the Malaysian Anti-Corruption Commission, as part of the anti-graft probe into state development fund 1MDB. Najib had been accused of stealing $700 million from the fund.
According to regional media, Najib’s party Unmo said that the money found by police was campaign funds left over from the election that was to be transferred to its new leader. In fact they demanded the commercial crime authorities release it back to them.
Najib has denied any wrongdoing, insisting that the $680 million that appeared in his bank account a few years ago was the gift of an anonymous Saudi royal.
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