“The valuation of the (luxury) items was based on the assessment of experts who know their true value.
“We were assisted by experts on the brands of items seized, and the police were not involved in determining the value of the goods,” he told reporters after an event at Bukit Aman here.
This followed Najib’s claim in an interview with a news portal yesterday that the RM1.1 billion valuation for the items was “subjective and unrealistic”.
On Najib’s request to view the seized items, Fuzi said the police had no issue with this if the need arose.
Yesterday, Commercial Crime Investigation Department director Amar Singh announced that the total value of items seized from six premises linked to Najib on May 16 and 17 was between RM900 million and RM1.1 billion.
The items included jewellery, luxury handbags, branded watches and eyewear, as well as cash in several foreign currencies.
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