Utusan Malaysia quoted a source from MACC as saying the seizure followed raids conducted by the anti-graft agency today at two residences in Kuala Lumpur owned by the individual.

The source said the luxury watches were estimated to be worth about RM5 million.

MACC also seized 27 handbags worth more than RM1 million, and jewellery valued at more than RM4 million.

“Other items seized include nine luxury vehicles, including Bentleys, Mercedes-Benzes, and Range Rovers, with a total estimated value of nearly RM7 million,” the source said, adding that the two residences were also seized.

The source also said MACC discovered a storage facility containing various types of alcoholic beverages at one of the residences, believed to be worth about RM3 million and suspected to be linked to money laundering activities.

“Additionally, MACC seized a luxury residential unit located in the capital, estimated to be worth about RM12 million, believed to be owned by the individual,” it said.

Last week, MACC chief commissioner Azam Baki said the agency was investigating three cases of alleged bribery and false claims connected to the Maju Expressway extension.

He said the first investigation paper involved false claims amounting to RM361 million which came from sukuk funds, while the second case was linked to false disclosures involving RM416 million in sukuk funds and RM50 million in bank loans.