Does the RM114 million seized belong to Umno or BN?

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The Ownership of RM114 Million in Seized Funds Remains Unclear, Amidst Claims and Questions

The ownership of the RM114 million seized by police during raids linked to Datuk Seri Najib Razak is currently a subject of contention and remains officially undetermined. While Umno has asserted that the funds belong to the party, other component parties within the Barisan Nasional (BN) coalition have remained notably silent on the matter, prompting further questions regarding the nature of the coalition's assets. The police seized the money, along with various other valuables, from residences associated with Najib Razak.
Umno's Assertion of Ownership

Umno has publicly claimed that the RM114 million in cash, discovered in 35 bags across 26 different currencies during raids at Pavilion Residences, is party property. The party's position, as communicated by its strategic communications team, is that these funds were being returned to Umno after being held by Najib in his capacity as party president. This claim, however, has not been elaborated upon by the party's acting leadership.
Barisan Nasional Component Parties' Silence

DAP leader Lim Kit Siang has highlighted the lack of public claims from other Barisan Nasional component parties, such as MCA, MIC, and Gerakan, regarding the seized RM114 million. He questioned why these parties have not asserted ownership of the funds as belonging to the broader BN coalition, suggesting a disparity in influence within the alliance. This silence has led to speculation about the coalition's internal dynamics and asset management.
Scope of Umno's Claim and Leadership Response

Further ambiguity surrounds the extent of Umno's claim, with Lim Kit Siang questioning whether the party's assertion extends beyond the RM114 million in cash to include other seized items. These additional items reportedly include jewellery, watches, and 284 boxes of designer handbags. Lim also noted the unusual silence of Umno's acting president Datuk Seri Ahmad Zahid Hamidi and acting deputy president Datuk Seri Hishammuddin Hussein on the matter, contrasting it with the statement made by the party's strategic communications team.

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Does the RM114 million seized belong to Umno or BN?

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