Malaysia 1MDB scandal: US jury shown invoice of Najib wife’s pink diamond necklace instead of jewels
- Jurors in the trial of a former Goldman Sachs banker got a look at the receipt for the necklace created by celebrity jeweller Lorraine Schwartz for Rosmah Mansor
- Schwartz personally delivered the chain to Rosmah while she was staying aboard a yacht with the scheme’s alleged mastermind Jho Low in Monaco
They weren’t even shown a photo of the necklace. They saw an invoice.
The jury was shown a photo of the plastic case for the DVD of the film – and a screen shot from the credits thanking Low for his support. Aziz’s Red Granite production company agreed in 2018 to pay US$60 million to settle claims brought by the US Justice Department that it financed the movie and other pictures with stolen 1MDB money.
Prosecutors claim an entity controlled by Low also used 1MDB money to buy five artworks from Christie’s auction house for US$58.3 million, including US$51.8 million spent on a Jean-Michel Basquiat painting titled “Dustheads.”
More invoices were shown to the jury – and also a thumbnail picture of “Dustheads.”
Schwartz, who has designed for celebrities like Beyoncé, Adele and Blake Lively, could have been a witness in the case. But she instead gave a statement that that prosecutors entered into the official court record.
Low contacted Schwartz in June 2013, asking the jeweller to create a pink diamond necklace with a heart-shaped gem at its centre for Rosmah, the jeweller’s records show. But while Rosmah asked for an 18-carat diamond, “Ms. Schwartz said she only had a 22-carat pink diamond,” and a US$23 million deal was struck for the larger stone.
Schwartz later personally delivered the necklace to Rosmah while she was staying aboard a yacht with Low off the coast of Monaco, the records show. Rosmah later bought an additional US$1.3 million in jewellery from Schwartz in 2014, records show.
Roger Ng, the only Goldman banker to go to trial in the scandal, is accused of conspiring with his former boss Tim Leissner to help Low siphon billions of dollars from a trio of bond deals the bank did for Malaysia’s sovereign wealth fund.
Low, who was also charged with Ng in the fraud, is a fugitive. Leissner pleaded guilty, is cooperating with the US and testified against Ng at the trial.