‘US$346mil luxury goods linked to 1MDB, SRC scandal’


KUALA LUMPUR: A massive collection of jewellery, handbags and other luxury goods had been amassed from 48 different vendors in at least 14 countries using monies from 1Malaysia Development Bhd and SRC International Sdn Bhd totalling US$346mil, according to papers filed at the High Court.

The worldwide locations of the 48 vendors include the British Virgin Islands (one), Hong Kong (nine), India (four), Indonesia (two), Italy (three), Lebanon (three), Mauritius (one), Panama (one), Singapore (one), Thailand (two), United Arab Emirates (seven), Turkiye (two), the United Kingdom (two) and the United States (seven).

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