Jho Low family digs in to stop 1MDB asset seizure by US


LOS ANGELES: Malaysian financier Low Taek Jho’s family is reaching far and wide to stop the US from seizing US$650mil in real estate and business investments the government claims were acquired with funds stolen from his home country.

The family of the businessman known as Jho Low claims the Swiss trustees holding their assets are afraid to fight back against the US for fear of being prosecuted in the global game of investment hide and seek set off by the alleged disappearance of more than US$3.5bil of the US$8bil raised by 1Malaysia Development Bhd.

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