Federal commercial crimes director Amar Singh is scheduled to hold a press conference tomorrow on the items seized from residences linked to their investigation into former premier Najib Abdul Razak and 1MDB.

In a media alert this afternoon, the police said the press conference would be held at the commercial crimes department office in Menara KPJ, Kuala Lumpur, at 11am.

“PC is related to the valuation of the items seized,” read the alert.

On June 14, Amar said police are still evaluating the items seized from three units at the upmarket Pavilion Residences in Kuala Lumpur on May 18.

He was responding to a China Press report that police have completed their estimation with regard to the items, which included 433 branded watches, whose total value is RM80 million, with one particular watch valued at RM3.5 million.

The report said the police have also completed the valuation of the “gold” seized but are still working on the value of the jewellery items.

On May 24, Amar revealed that the total amount of cash seized was RM114 million.

Of the 72 bags seized, he said the cash in 26 currencies were in 32 bags and took 22 bank officers three days to count.

Amar also refused to confirm media reports which claimed that 100kg of gold bars were confiscated.

"Soon after we finish counting everything, I will verify that…," he had said.

Also seized were 284 boxes of designer handbags, which Amar said would be photographed and sent to Paris for authentication.

The raids on the units, two of which belong to Najib's children, drew criticism from the former premier.

In a statement issued through his lawyer, Najib criticised the police's “cavalier and irresponsible” in conducting the search.

“(It) is reflected by the manner in which the police personnel helped themselves to food and chocolates in the refrigerator, and further demanded that meals be prepared for them.

“The wide publicity surrounding the seizure of what are basically personal items belonging to the children has caused acute humiliation and embarrassment to the family,” he said.

In a Reuters interview last week, Najib said even his 10-month-old grandson's shoes were seized.

Both the former premier and Umno have claimed that the RM114 million in cash belonged to the party and was in the process of being transferred to the new leadership following Najib's resignation.