SINGAPORE (June 25): “People might find it hard to understand, but my son-in-law, for example, he gets Birkin from his source, five or six at one go.” — Former Malaysian prime minister Najib Razak, when asked about the 284 handbags belonging to his wife Rosmah Mansor, including dozens of the famous and scarce Birkin bags sold by French luxury giant Hermès.

Here are 5 things you need to know this week:

1 Former Malaysian prime minister Najib Razak says he is not to be blamed for one of the world’s biggest financial scandals. In an interview with Reuters, he claims that the luxury handbags, jewellery and large sums of cash seized from properties linked to his family were mostly gifts to his wife and daughter.

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