1MDB confiscation: Rosmah, Global Royalty stake claim on diamond bracelet, Najib seeks seven watches

ByThomas J. Pawlak

May 25, 2022

Previously, Rosmah’s legal team requested photos of the seized jewelry to aid in her claim. — Photo by Devan Manuel

Wednesday, May 25, 2022 3:51 PM MYT

KUALA LUMPUR, May 25 – The High Court was today informed that Lebanese jewelry company Global Royalty Trading SAL and Datin Seri Rosmah Mansor are claiming a $220,000 white gold and diamond bracelet which is now stored in the vaults of Bank Negara Malaysia (BNM).

Rosmah’s lawyer, Azamuddin Abd Aziz, informed Judge Datuk Muhammad Jamil Hussin that the former prime minister’s wife wanted to pursue the bracelet claim.

“Photos of the jewelry would be received today. We need time to seek confirmation instructions from Rosmah regarding the third party claim,” he said when the matter was raised for case handling.

Previously, Rosmah’s legal team requested photos of the seized jewelry to aid in her claim.

Meanwhile, Global Royalty lawyer Datuk David Gurupatham insisted that the bracelet belonged to the jewelry company as it had already been verified by an expert from the company during a physical inspection carried out on Thursday. last year.

“My Lord, Rosmah did not report to the BNM for inspection, and she waived the right to inspect the jewelry. For the record, Superintendent Foo Wei Min, who was the officer in charge, physically inspected each piece of the jewelry. An expert from Global Royalty also verified that it belonged to the company,” the attorney said.

The jewelry was among various items seized by police from premises belonging to Obyu Holdings Sdn Bhd at Pavilion Residences in May 2018, which were believed to be linked to the 1Malaysia Development Berhad (1MDB) financial scandal.

In 2019, the prosecution filed a confiscation request to seize various items, including 11,991 jewellery, 401 watch straps and 16 watch accessories, 234 pairs of glasses and 306 handbags as well as cash in various denominations for an amount of RM114,164,393.44.

During today’s proceedings, Datuk Seri Najib Razak’s lawyer, Tan Sri Muhammad Shafee Abdullah, said the former prime minister’s current third-party claim relates only to seven watches and not the bracelet.

The lawyer had asked the court to hold a separate hearing on Najib’s claim regarding the watches.

Muhammad Shafee asked the prosecution to amend their notice of motion (regarding the forfeiture suit) to facilitate the separate hearing of the seven watches.

“As for Najib’s claim, it is over seven units of watches. The others are installed. For the prosecution to make an amendment is very simple orally,” Muhammad Shafee said, adding that this would avoid a delay in hearing the rest of the forfeiture request involving other items.

Meanwhile, Deputy Prosecutor Faten Hadni Khairuddin, when responding to Muhammad Shafee’s request for a separate hearing on the Seven Watches claim, told the court she needed more time to file a claim. appropriate amendment to the Notice of Motion.

Muhammad Jamil has set June 8 for the handling of the case to allow the prosecution to amend the court documents of the forfeiture action. — Bernama