Low Taek Jho and an official from 1MDB had hired Goldman Sachs Group to underwrite the US$1.75 billion bond offering.
NEW YORK: Investigations into the financial dealings of fugitive Malaysian financier Low Taek Jho, better known as Jho Low, have intensified in the United States, with the Department of Justice (DOJ) extending its probe to determine whether he laundered huge sums of money amounting to tens of millions of dollars through two associates, and used those funds to pay a US legal team.
The legal team includes former New Jersey governor Chris Christie and a lawyer who has been representing US President Donald Trump, the Wall Street Journal (WSJ) reported on Wednesday.
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