In October, the U.S. Justice Department announced its largest ever anti-kleptocracy deal, in which fugitive Malaysian financier Low Taek Jho, or Jho Low, (file pic) agreed to turn over US$700 million in assets. Low has denied wrongdoing.
WASHINGTON: The U.S. Department of Justice on Wednesday said it was looking to recover another $96 million in assets in real estate and artwork linked to the 1MalaysiaDevelopment Berhad (1MDB) international money-laundering conspiracy.
The assets include luxury real estate in Paris and paintings by Claude Monet and Andy Warhol linked to the embezzlement of the 1MDB fund by Malaysian officials, the Justice Department said in a statement.
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