Police investigations have revealed that a total of US$972 million (RM2.973 billion) was transferred into former premier Najib Abdul Razak's personal AmIslamic bank account.

Deputy inspector-general of police Noor Rashid Ibrahim said the sum flowed through three phases – Good Star, Aabar and Tanore.

“Up to this point, 132 transactions involving proceeds from unlawful activities (wang haram) have been identified and further investigations are being carried out,” he added in a media statement.

Rashid said statements have been recorded from 64 people, including Najib and his daughter Nooryana Najwa and more would be quizzed to facilitate investigations.

The figure of RM2.973 billion is based on the exchange rate when the various transactions happened.

However, the US$972 million based on today's exchange rate would amount to RM3.985 billion.

Speaking to reporters later, Rashid said the police have also identified 50 individuals who received money from the transactions.

Quizzed on how many of them were politicians, he replied: “Yes, political affiliation. I do not want to comment on the details.”

Apart from this, Rashid was also questioned on the whereabouts of fugitive businessperson Jho Low, who is one of the central characters in the 1MDB scandal.

“Let me put it this way. I cannot confirm where he is now. Of course, we have the information, but it involves the sovereignty of another country, which we have to respect.

“We cannot send our officers to another country and execute an arrest there. We need assistance, approval and cooperation from the country concerned,” he said.

Asked if Low was in Asia, Rashid laughed and replied: “I told you, I would not comment to that level.”