Iskandar told the High Court here today that out of the 263 handbags seized from Rosmah and her daughter Nooryana Najwa Najib, 52 are owned by Rosmah. Iskandar said: “The prosecution and police are claiming that all the handbags are from illegal proceeds from 1MDB." “For these reasons, we say that the prosecution had failed to prove the money trail and hence those items should be returned to them (Rosmah and Nooryana Najwa),” he said. Azamuddin said the prosecution had claimed that he had bought the watches with money linked to 1MDB. “However, my client had shown receipts of purchase of the watches denying that it was 1MDB money,” he rebutted.

Source: The Edge Markets May 07, 2021 05:53 UTC