Malaysia

Najib discloses RM4.49 mil assets in court filing, including six luxury cars

Ex-PM owns five Mercedes-Benzes, one Bentley, also declares seven properties in Pahang, Selangor

Updated 3 years ago · Published on 02 Aug 2022 3:51PM

Najib discloses RM4.49 mil assets in court filing, including six luxury cars
In the court filing, it is revealed that the asset with the largest value out of the RM4.49 million owned by Datuk Seri Najib Razak is RM2.52 million in his Amanah Saham Nasional Bhd holdings as of June 13. – The Vibes file pic, August 2, 2022

KUALA LUMPUR – Datuk Seri Najib Razak has assets worth RM4.49 million, which includes land and property in Pahang and Selangor, and five Mercedes-Benzes as well as a Bentley, court documents showed.

Malaysiakini reported that the documents were filed by the former prime minister in compliance with a Kuala Lumpur High Court order to disclose his assets due to a Mareva injunction against him by SRC International Sdn Bhd and subsidiary Gandingan Mentari.

The injunction is part of SRC International’s RM42 million civil suit against Najib over the money that went to his accounts, and its effect is to freeze the assets of a defendant while the case is ongoing. Najib may only withdraw not more than RM100,000 a month for the purpose of ordinary living and legal expenses.

The disclosure filing, confirmed by Najib’s lawyer Muhammad Farhan Muhammad Shafee, was made on July 20.

The asset with the largest value out of the RM4.49 million is RM2.52 million in Najib’s Amanah Saham Nasional Bhd holdings as of June 13.

The second-largest value asset is RM1.24 million, his current account balance with Affin Bank as of June 30.

As for land and property, Najib has seven in total in Pahang and Selangor, valued at RM460,987.

Besides the five Mercedes-Benzes and the Bentley Continental Flying Spur, other vehicle assets are a Honda EX5 motorcycle and a Kawasaki ZG motorcycle. 

Najib, who was convicted over corruption charges related to the RM42 million he received from SRC International, was sentenced to 12 years in jail and fined RM210 million in July 2020. His appeal at the Federal Court is scheduled to be heard for 10 days from August 15. – The Vibes, August 2, 2022

Related News

Malaysia / 1mth

‘No one gets rich in politics unless he’s a crook’: Selangor Sultan shares Truman's quote

Malaysia / 1mth

No money trail because payments to Guan Eng made in cash - Witness

Malaysia / 1mth

Anwar’s budget cuts - a master move for reform

Malaysia / 1mth

Rosmah: ‘There was no obligation for me to buy any of the jewellery’

Malaysia / 3mth

'Do not be too hasty in passing judgment against others' - PM

Malaysia / 3mth

Corruption: 'Nobody escapes my radar' - King issues stern warning

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Malaysia

Three men denied bail in child sexual assault abuse scandal

Malaysia

Wan Saiful challenges claim Muhyiddin founded PN, calls narrative ‘myth’ distorting history

Malaysia

EC cites logistical constraints, lack of operational readiness for separate Johor and NS polls

Malaysia

UMNO youth chief challenges AG over Facebook prosecution in High Court review

Malaysia

Fahmi rebukes PKR MP for bypassing party channels after central leadership exit

Malaysia

Anwar warns Rohingya refugees to obey Malaysian laws or face enforcement action

Malaysia

Perlis sole opposition member tells PAS, Bersatu to quit politicking and serve the people

By Ian McIntyre

Malaysia

KL police to double school deployments in traffic law crackdown