Currency

Police seized 72 designer handbags stuffed with foreign cash from Malaysia's former prime minister as part of investigation into a global financial scandal

7 days ago   |   By

AP Photo
Police seized 284 boxes from properties linked to Malaysia's former Prime Minister Najib Razak.
The boxes including designer handbags filled with Malaysian and US currency, watches, and jewelry.
The raids were part of an investigation into the scandal-plagued state investment fund 1MDB, which Najib set up in 2009 and allegedly siphoned off billions of dollars.
Najib lost power last week in an historic election that led to the opposition alliance leading Malaysia for the first time in history.
Police have seized 284 boxes of luxury handbags, some stuffed with foreign cash and...
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