Malaysia’s former first lady in lawsuit over $14.8m jewelry

Rosmah Mansor, wife of Malaysia's former Prime Minister Najib Razak, leaves a courtroom in Kuala Lumpur, Malaysia, on July 4, 2018. (REUTERS/Lai Seng Sin)
Updated 13 July 2018
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Malaysia’s former first lady in lawsuit over $14.8m jewelry

  • Global Royalty claims that 44 high-end pieces of jewelry worth $14.8 million were consigned to former Malaysian first lady Rosmah Mansor from previous years as a marketing strategy.
  • The Beirut-based firm is an exclusive jeweler that has clients who are celebrities, politicians and members of royal families, including Angelina Jolie, Naomi Campbell, Oprah Winfrey and wealthy Middle Easterners.

KUALA LUMPUR: Lebanese jeweler Global Royalty Trading SAL — a firm that specializes in selling high-end jewelry pieces — is suing Rosmah Mansor, the wife of former Malaysian Prime Minister Najib Razak. The international jewelry supplier filed the suit at the High Court in Kuala Lumpur on June 26 against the former first lady, who it claimed was a “long-standing customer.”

The Beirut-based firm is seeking a declaration from the court that the firm is “the rightful owner” of the consigned jewelry pieces that the Malaysia government seized at Najib Razak’s home in May.

It claimed that 44 high-end pieces of jewelry worth $14.8 million were consigned to Rosmah Mansor from previous years, according to a court document seen by the online portal Malaysiakini. The jewelry pieces included diamond-studded earrings, rings, tiaras, necklaces and bracelets. 

“It is a marketing strategy. Rosmah is well-connected, and by leaving her a few baubles she is bound to show it to her girlfriends who may try it with no pressure as experienced in the shop,” said Karen Hoisington, a Singapore-based socialite and brand consultant.

Global Royalty is an exclusive jeweler that has clients who are celebrities, politicians and members of royal families, including Angelina Jolie, Naomi Campbell, Oprah Winfrey and wealthy Middle Easterners.

In the statement of claim, the jewelry pieces would be sent to Rosmah “according to her demand.” She would then evaluate, purchase and then pay for items via a third party. Those that were not chosen would be returned.

“When a customer knows she (Rosmah) can resell her item, she’s going to be willing to pay a little more for it. It’s a window. There’s an ability to see where the desire is,” said Hoisington, adding that the luxury consignment is a growing business that includes designer handbags, luxury watches, luxury cars and red-carpet gowns. 

“Remember in the movie 'Pretty Woman,' Richard Gere gave Julia Roberts a Harry Winston necklace to wear to a party. That is consigned out. If he wanted to buy it he can, but it’s a great advertisement for them to drive customers to their retail shop,” she said.

The Lebanese jeweler alleged that Rosmah or her agent would receive the jewelry pieces in Kuala Lumpur, Singapore or Dubai.

A “handover memorandum” with terms and conditions would accompany the jewelry consignment. Through memorandum number 926, dated Feb. 10 this year, Rosmah Mansor was alleged to have received the jewelry, which she acknowledged receiving in a letter dated May 22, though the pieces are no longer in her possession.

Hoisington told Arab News that the practice is more common with the “new rich,” who would rather get an item to “show off to others” and have “a feel of the brand.”

The former first lady is embroiled in a scandal involving the misappropriation of 1MDB state funds, in which $700 million of the alleged amount was found in the personal account of Najib Razak.

Since the new government of Malaysia took office on May 10, the 1MDB corruption case has been reopened by the government and the police have recovered cash and luxury items worth millions from the couple’s homes. The jewelry owned by the Lebanese jeweler was said to be part of the seized goods.

“With this investigation, it is hard to ascertain. There is no paper trail. One is dealing with a very professional and experienced couple. They are masters at this and stay just under the law,” Hoisington said.

Rosmah Mansor through her lawyers on Tuesday denied the lawsuit accusation by the Lebanese jeweler about receiving the jewelry consignment.

 

 

 


Nicki Minaj shows off her quad biking skills in the UAE

Nicki Minaj recently released a new album. (AFP)
Updated 25 September 2018
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Nicki Minaj shows off her quad biking skills in the UAE

  • Nicki Minaj just hit the sand dunes in Abu Dhabi
  • She was just in Milan attending Fashion Week

DUBAI: Pop superstar Nicki Minaj just hit the sand dunes in Abu Dhabi and posted a string of photos on Instagram to show off her skills.

“Ride wit Minaj (sic),” the rapper-singer captioned a snap on the social media site, showing her astride a dune buggy in the desert.

She also posted a video in which she can be seen speeding through the desert with her loose hair streaming in the wind. Earlier in the evening, she posted a video in which she runs along a beach in the UAE at night and talks in a British accent, saying she wants her fans to “see the water.”

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Ride wit Minaj

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Before her trip to the Gulf country, Minaj sat front row at the Versace show at Milan Fashion Week.

She sat alongside Leona Lewis, Rita Ora, model Rosie Huntington-Whiteley, actor Luke Evans and Italian influencer Chiara Ferragni in an enormous industrial space in the modern CityLife neighborhood where the runway show was held, according to Reuters.

“I’m so proud of you @donatella_versace You’ve never missed a beat. So tiny, but so powerful,” Minaj posted after the runway show.

“Loved the show tonight. Thank you for my gorgeous flowers & for playing like 75 percent of the Queen album at the show,” she added, referencing fourth studio album, which was released in August to mixed reviews.

Minaj also took a front row seat at the Fendi show in Milan, taking a turn for fans on her way in decked out in a Fendi puffer jacket and matching leggings and cropped top.

Other front-row celebs included Ferragni with her rapper husband Fedez, leaving home their much-Instagrammed infant, Leone, but trailing television cameras as they toured backstage.

While the front-row celebrity attire was highly branded Fendi streetwear, the runway collection by Karl Lagerfeld was more elegant and subtle, the Associated Press noted.

The artist is fresh off a bout of controversy involving US rapper Cardi B, who infamously tried to attack Minaj during a scuffle at a party held on the sidelines of New York Fashion Week earlier in September.

Minaj and Cardi B were the center of attention as A-list guests reportedly huddled around their phones to watch footage of the fracas.
A person who witnessed the incident, who asked for anonymity because they were not authorized to speak publicly, said Minaj was finishing up a conversation with someone when Cardi B tried to attack her, but Minaj’s security guards intervened, the Associated Press reported.
Video footage that circulated on social media at the time showed Cardi B lunging toward someone and being held back. Cardi B reportedly threw one of her shoes at Minaj.

Here’s to hoping Minaj has a more enjoyable time in the UAE.