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'Handbags and watches were gifts'


Court case: A file photo of Najib attending one of his appeal hearings. Bernama
KUALA LUMPUR: The High Court here was told that the 263 handbags of various brands, 27 pairs of shoes as well as 10 pieces of luxury watches seized by police from the residence of Datuk Seri Najib Razak relating to the misappropriation of 1Malaysia Development Bhd (1MDB) funds were gifts from friends and dignitaries.
Lawyer Iskandar Shah Ibrahim, who is representing Najib’s wife and daughter, Datin Seri Rosmah Mansor and Nooryana Najwa, respectively, also said there was no money trail to show that all the assets were from the misappropriation of 1MDB funds. ....

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Handbags, shoes seized from Rosmah, Nooryana were gifts, court hears


KUALA LUMPUR (Bernama): The High Court here was told that 263 handbags of various brands, 27 pairs of shoes as well as 10 luxury watches seized by police from the residence of Datuk Seri Najib Tun Razak relating to the misappropriation of 1Malaysia Development Berhad (1MDB) funds were gifts from friends and dignitaries.
Lawyer Iskandar Shah Ibrahim, who is representing Datin Seri Rosmah Mansor and Nooryana Najwa, the wife and daughter of the former prime minister, also said on Friday (May 7) that there was no money trail to show all the assets were from the misappropriation of 1MDB funds.
Counsel Iskandar Shah Ibrahim said based on an affidavit of 1MDB investigating officer Supt Foo Wei Min, the prosecution itself could not confirm if the handbags as well as shoes were gifts or acquired with wealth gained from illegal activities. ....

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Transactions had nothing to do with 1MDB, court hears


KUALA LUMPUR: The High Court was told that 13 banking transactions involving the accounts of Goldman Sachs banker Roger Ng and his wife had no link to 1Malaysia Development Bhd (1MDB).
Lawyer Datuk Tan Hock Chuan, who represented Ng and his wife Lim Hwee Bin, said the monies that flowed into the bank accounts did not come from 1MDB and that there were bank documents to prove it.
He was submitting at the hearing of the government’s 1MDB-linked forfeiture suit against Ng, Lim and 16 others, including former prime minister Datuk Seri Najib Razak and members of his family.
Thirteen banking transactions between Aug 7,2015 and Aug 17,2018 involving millions of ringgit as well as US and Singapore dollars were the subject of the forfeiture against Ng and Lim. ....

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Defence: 13 bank transactions have no links to 1MDB, just "normal" monetary transfer between husband and wife


Nation
30 Mar 2021
KUALA LUMPUR: The 13 bank transactions involving the accounts of Goldman Sachs banker Roger Ng and his wife had no links to 1Malaysia Development Bhd (1MDB), the High Court heard.
Lawyer Datuk Tan Hock Chuan, who represented Ng and his wife Lim Hwee Bin, said the monies that flowed into the bank accounts did not come from 1MDB and that there were bank documents to back it up.
He was submitting at the hearing of the government’s 1MDB-linked forfeiture suit against the couple and 16 others, which included Datuk Seri Najib Razak and the former prime minister’s family. ....

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