Here's what Rosmah allegedly spent RM1.6 billion of 1MDB funds on

  • Among the luxury items allegedly acquired by Datin Seri Rosmah Mansor using RM1.6 billion in 1MDB funds were Hermes bags: “35cm Rose/Amethyst Croc Horse Shoe Special Order” (RM613,250) and “30 cm Himalayan Birkin” (RM424,558).

  • The jewelry included a yellow diamond necklace (RM8.4 million) and a ring adorned with a 21.13-carat emerald-cut Fancy Light Yellow S11 diamond (RM2.2 million).

KUALA LUMPUR, June 12 — Malaysian mail reported yesterday that 1Malaysia Development Berhad (1MDB), SRC International Sdn Bhd and nine other entities had filed a lawsuit against Datin Seri Rosmah Mansor in a bid to recover a total of US$346 million (RM1.64 billion ) of embezzled funds.

Rosmah is accused of knowingly purchasing, receiving or possessing luxury goods including jewelry, bags and watches using funds misappropriated from 48 sellers from 14 different countries.

So what would she have bought with all that money?

Based on invoices for the alleged purchases released today, as part of court documents, an item that was detected Malaysian mail's eye was listed as “Special Order 14” Pink/Amethyst Croc Horseshoe.

According to a copy of the invoice purportedly sent to Black Rock Commodities (Global) Ltd dated September 9, 2013, it cost US$130,000 (RM613,250).

Although its exact appearance is unclear, a quick Google search by Malaysian mail revealed that the term “horseshoe” likely refers to a specially commissioned and custom-made handbag by French luxury goods purveyor Hermès.

Another notable item listed on the same invoice was a 30cm Birkin Himalayan bag in crocodile leather, also from Hermès and costing US$90,000 (RM424,558).

A bag in this leather option from Hermès is widely considered the “holy grail” of the brand's collectibles.

In fashion, the term “Holy Grail” refers to an extremely coveted, rare or iconic item that style enthusiasts or collectors highly desire.

As for the jewelry, an invoice from Hong Kong-based Firestone Company Limited showed that part of the allegedly misappropriated funds had been used for a yellow diamond necklace with a pair of diamond earrings radiating from worth US$1,775,000 in October 2011 and a ring worth US$456,000 with a “21.13 carat Fancy Light Yellow S11 Fancy Emerald Cut Diamond” as the centerpiece in May 2010.

Other notable jewelry purchases from Firestone include an oval ruby ​​bracelet worth US$225,000 adorned with rubies, including a 24.44-carat ruby ​​allegedly belonging to Rosmah, in May 2010.

In May 2011, Rosmah reportedly purchased an emerald-cut diamond ring worth US$714,000 fitted with a “10.71-carat emerald-cut light pink VVS1 diamond” as its centerpiece.

In November 2012, Rosmah reportedly purchased a pear emerald necklace and earring set worth US$610,000, in which a “7' 32.64 carat pear emeralds” were installed in the centerpiece of the necklace .

Rosmah also allegedly purchased other jewelry, including fitting some of it with one of her own gemstones in July 2013, worth a total of $2 million.

  • Diamond Heart Bracelet worth US$178,000 (RM839,723)

  • Emerald-cut sapphire brooch worth US$265,000 (RM1,250,156)

  • Pear emerald earring worth US$88,000 (RM415,158)

  • Sapphire necklace worth US$3,850 (RM18,163)

  • Oval sapphire earring worth US$46,750 (RM220,559)

  • Emerald pear earring worth US$64,000 (RM301,943)

  • Emerald Sugar Loaf Cab worth US$215,000 (RM1,014,342)

  • Oval sapphire brooch worth US$235,000 (RM1,108,699)

  • Round diamond brooch

  • Mixed Sapphire Necklace

  • Mixed sapphire bracelet

  • Oval diamond earring US$85,000 (RM401,004)

  • Princess cut diamond ring US$130,000 (RM613,272)

  • Radiant Diamond Ring US$400,000 (RM1,886,990)

In September of the same year, Rosmah reportedly purchased six items totaling US$2,093,106, including a complete set of emeralds, including a pear-shaped emerald necklace worth US$1,100,000 fitted with a centerpiece 37.59 carat emerald, a pear emerald earring worth US$240,000, a pear emerald. a ring worth US$150,000 and a pear emerald bracelet worth US$305,000.

The other two remaining items were a pear diamond earring worth US$200,000 (RM943,595) and a pear emerald ring worth US$98,106 (RM462,861).

Fast forward to November, Rosmah allegedly once again made a series of purchases – totaling 14 items – worth US$2,125,000 (RM10,025,106).

  • Emerald-cut emerald earring worth US$95,000 (RM448,180)

  • Emerald-cut emerald earring worth US$85,000 (RM401,003)

  • Diamond cushion ring worth US$85,000 (RM401,003)

  • Pear diamond ring worth US$95,000 (RM448,180)

  • Cushion sapphire ring worth US$160,000 (RM754,864)

  • Cab oval sapphire earring worth US$85,000 (RM401,003)

  • Cab oval sapphire brooch worth US$160,000 (RM754,864)

  • Radiant diamond ring worth US$527,000 (RM2,486,223)

  • Emerald-cut sapphire brooch worth US$175,000 (RM825,596)

  • Oval diamond bracelet worth US$180,000 (RM849,184)

  • Radiant Diamond Bracelet US$285,000 (RM1,344,542)

  • Cushion ruby ​​ring US$35,000 (RM165,125)

  • Oval diamond earring US$53,000 (RM250,047)

  • Sapphire Heart Earring US$105,000 (RM495,376)

As of February 2014, a total of 12 items totaling US$2,150,000 (RM10,143,447) were purchased by Rosmah according to invoices issued.

  • Cushion sapphire ring worth US$105,000 (RM495,376)

  • Emerald cut sapphire ring worth US$95,000 (RM448,180)

  • Cab oval sapphire ring worth US$42,000 (RM198,132)

  • Heart diamond ring worth US$86,000 (RM405,700)

  • Radiant diamond earring worth US$425,000 (RM2,004,930)

  • Radiant diamond pendant worth US$425,000 (RM2,004,930)

  • Diamond cushion earring worth US$285,000 (RM1,344,542)

  • Sapphire heart brooch worth US$295,000 (RM1,391,754)

  • Baguette sapphire brooch worth US$145,000 (RM684,082)

  • Pear diamond brooch worth US$83,000 (RM391,578)

  • Diamond heart earring worth US$70,000 (RM330,243)

  • Pear diamond earring worth US$94,000 (RM443,470)

In April 2014, Rosmah also allegedly purchased a pear-shaped diamond necklace and earrings worth US$478,000 (RM2,255,122), as well as a radiant diamond ring worth US$322,000. US$ (RM1,519,100).

She also allegedly purchased two radiant diamond brooches worth US$472,600 (RM2,229,597) in August 2014.

Another Hong Kong-based high-end jeweler, Duke of Milan Limited, also issued three invoices between May 2012 and August 2013 for the purchase of nine pieces of jewelry such as diamond earrings, bracelets and necklaces. diamond, worth US$6.9 million (RM32,552,286). .

Jewelry invoices issued by Firestone and the Duke of Milan to offshore paying entities were dated between May 2010 and August 2014.

Some of the offshore paying entities cited were Aabar Investments PJS Limited, Alsen Chance Holdings Limited, Black Rock Commodities (Global) Ltd, Blackstone Asia Real Estate Partners Limited and Brightstone Jewelery Limited.

All intermediaries except Aabar Investments mentioned above are already in liquidation, meaning they are closing their doors and their assets are being sold to pay their debts.

Firestone and the Duke of Milan are two of 48 sellers from whom Rosmah allegedly purchased luxury goods that were then paid for by offshore entities believed to be controlled by Jho Low and his associates.

According to the same court documents, the jewelry was purchased in Rosmah's name and collected personally by a woman named Shabnam Naraindas Daswani, also known as Natasha Mirpuri, who is also named as a defendant in the ongoing lawsuit.

In the suit, the plaintiffs ask the court to hold Rosmah and Shabnam liable for damages or equitable compensation, accounting of profits, exemplary or aggravated damages, interest as well as costs on a basis of full compensation.

They also ask the court to compel Rosmah to return all items in her possession and/or pay the sum of US$346,010,489 (or approximately RM1.632 billion at the exchange rate on the date of filing of the suit). this complaint) or any other amount. amount assessed by the court on the grounds that it was knowing receipt and/or unjust enrichment when transferred to him in breach of fiduciary duties and breach of trust.

As for Shabnam, the plaintiffs are asking the court to set an amount for dishonest assistance.

  • Rosmah was accused of purchasing jewelry, handbags and other luxury items with funds from 1MDB and SRC International in 14 countries between 2010 and 2014.

  • 1MDB and SRC International have since filed an injunction to prevent Rosmah from withdrawing or disposing of its assets

For more on this developing story, read Malaysian mailIssue Summary: Everything you need to know about: 1MDB sues Rosmah over alleged RM1.6 billion luxury shopping spree

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