SINGAPORE (May 27): Two hundred and twelve Hermès handbags valued at an estimated RM47 million (RM15.5 million) were among the 306 handbags found at a luxury condominium last year. They are now part of a multimillion-ringgit forfeiture suit filed by the Malaysian government against 18 individuals and organisations.

Besides the handbags, 401 watches valued at RM74 million, 11,990 pieces of jewellery worth hundreds of millions and RM114 million cash in various currencies were discovered at apartment B-45-02, Tower 2 of Pavilion Residences in Kuala Lumpur.

Police had seized all these assets and the Attorney-General’s Chambers (AGC) had on May 8 this year sought a court order to forfeit them. It is not clear if anyone will step forward to challenge the forfeiture.

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