No logical explanation for billions flowing through Najib’s accounts, says DPP

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The government has applied for the forfeiture of luxury handbags and watches and other items seized in police raids in 2018.KUALA LUMPUR: The High Court here today heard that Umno is the political party that received the most proceeds from funds misappropriated from 1Malaysia Development Bhd which passed through the personal account of former prime minister Najib Razak.Deputy public prosecutor Faten Hadni Khairuddin submitted that the total amount received by Umno whether at the central, state or division levels was RM514,848,878.29.“The money trail analysis using the First-In, First-Out (FIFO) method by the anti-money laundering investigating officer Foo Wei Min found that Umno is the political party that received the most proceeds from 1MDB which were misappropriated using the 9694 AmBank account belonging to Najib.“A total of 26 political parties have received illegal proce…