KULALA LUMPUR - Credit cards belonging to Malaysia's disgraced ex-leader Najib Razak were used to spend over US$800,000 in one day at a luxury jeweller in Italy, a court has heard.
The former prime minister, his family members and inner circle are accused of stealing billions of dollars from Malaysian sovereign wealth fund 1MDB in a fraud that stretched around the world. At a hearing in the case Monday , a bank official said two credit cards belonging to the ex-leader were used to spend 3.3 million ringgit at a branch of Swiss jeweller De Grisogono in Italy, state news agency Bernama reported.
The cards were also used to pay over 460,000 ringgit at a Chanel boutique in Hawaii and over 120,000 ringgit at a Shangri-La Hotel in Bangkok, he told the Kuala Lumpur court."This expenditure is for a gift to a senior member of the royalty of a government and their entourage that has good relations with our country," he said in a Facebook post.The ex-leader has denied all the charges against him.
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Yes, my credit cards used for S$1.1m in one day to buy gifts for ‘royalty’: NajibKUALA LUMPUR — Najib Razak appears to have admitted that his two personal credit cards were used in 2014 for transactions worth RM3.3 million (S$1.1 million) in a single day at a Swiss luxury jeweller’s store in Italy, but has claimed that the money was splashed out on gifts for a mysterious unnamed royalty.
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$800,000 spent in one day on Malaysia ex-PM's cards, court hearsCredit cards belonging to Malaysia's disgraced ex-leader Najib Razak were used to spend over $800,000 in one day at a luxury jeweller in Italy, a court has heard. The 2014 spending spree is the latest evidence of what critics say is the lavish lifestyle enjoyed by Najib after he and his cronies
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Yes, my credit cards used for S$1.1m in one day to buy gifts for ‘royalty’: NajibKUALA LUMPUR — Najib Razak appears to have admitted that his two personal credit cards were used in 2014 for transactions worth RM3.3 million (S$1.1 million) in a single day at a Swiss luxury jeweller’s store in Italy, but has claimed that the money was splashed out on gifts for a mysterious unnamed royalty.
Source: TODAYonline - 🏆 1. / 99 Read more »