KUALA LUMPUR: The High Court was told that 2,435 pieces of jewellery, seven watches and 29 handbags valued at RM80mil, seized in a raid at a premises belonging to Obyu Holdings Sdn Bhd at Pavilion Residences, were from misappropriated 1Malaysia Development Berhad (1MDB) funds.
Deputy public prosecutor, Harris Ong Mohd Jeffry Ong said this was reinforced by the fact of the established direct dealings between Datuk Seri Najib Razak, businessman Low Taek Jo or Jho Low and his close associate Eric Tan Kim Loong, through Good Star and Blackstone Asia Real Estate Partners.
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