The jewellery confiscated by anti-corruption fighters from the homes of two senior Sabah civil servants weighed a total of 19.3kg and is worth a cool RM3.64 million, according to bank evaluators.
A source in the ongoing investigation disclosed that evaluators from Bank Rakyat were called in to evaluate the collection of gold and gemstone jewellery earlier today and took just under two hours to come up with the evaluation.
“So the total value overall of the jewellery from both suspects stands at RM3.64 million,” the source said.
The source said 14.5kg of the jewellery belonged to the 54-year-old director of a state government agency under graft investigations is worth RM2.74 million while his 51-year-old deputy had 4.8kg equivalent to some RM900,000 worth of jewellery.
MACC deputy chief commissioner (operations) Datuk Azam Baki confirmed the amount.
The jewellery was found in the homes and safe deposit boxes of the top two State Water Department officials.
It adds to a staggering amount of wealth that has so far included over RM53 million in cash found stashed in the homes, offices and cars owned by the duo.
Their other belongings seized include nine luxury cars, 94 branded handbags, branded watches, at least 127 land grants around Sabah and more than RM60 million in bank accounts.
Yet to be included is the value of the watches, nine luxury vehicles and the land grants.
They are also looking into overseas bank accounts, and the final tally is expected to exceed RM200 million.
Investigators are still looking into the reason for the two to keep such large amounts of cash.
The two officials are being probed for alleged corruption obtained from kickbacks involving RM3.3 billion worth of federal projects awarded to some 38 firms belonging to the duo’s siblings and proxies.
At least 46 people are being called up for statements, including staff and contractors of the Water Department, and family members of those involved.
The 54-year-old director, his 51-year-old deputy, 55-year-old businessman brother who carries the title Datuk, and his accountant, 50, are currently under a seven-day remand at the MACC office that expires next Tuesday.