40 luxury handbags linked to 1MDB being auctioned off, says Azalina

KUALA LUMPUR: Some 40 luxury handbags, linked to 1Malaysia Development Berhad (1MDB), that are worth hundreds of thousands of ringgit are being auctioned off, says Datuk Seri Azalina Othman Said.

The Minister in charge of Law and Institutional Reforms said the government through the Attorney General's Chambers has filed an application for the forfeiture of assets under Section 56 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds Act 2001, in relation to assets from the misappropriation of 1MDB.