US DoJ to take possession of US$1.7mil jewellery linked to Jho Low's mum


  • Nation
  • Thursday, 2 May 2019

PETALING JAYA: Fugitive businessman Low Taek Jho, also known as Jho Low, says he is looking forward to resolving claims related to jewellery worth US$1.7mil (RM7.02mil) that was purportedly given to his mother Evelyn Goh.

A spokesman for Low said he was pleased to learn that the US Justice Department and all the relevant parties were working to “amicably resolve the matter”.

“We look forward to the continuing resolution of these issues,” read the statement issued through his attorneys.

Earlier Thursday, Malaysiakini reported that the Justice Dept had reached an agreement with the custodian of the 1MDB-linked jewellery – comprising a pair of diamond earrings and a matching diamond ring – to return the items to the United States.

The department, which announced the agreement in a court filing dated May 1, however did not name the custodian in question, the news portal reported.

"This transfer of the defendant's assets shall not be construed as an admission of wrongdoing or liability on the part of the current custodian or any other party.

“Once the government is in possession, custody, or control of the defendant's assets pursuant to Supplemental Rule G of the Supplemental Rules for Admiralty or Maritime Claims and Asset Forfeiture Actions, the government will move forward towards default of the defendant's assets,” the filing reportedly read.

Low’s mother Goh is reported to be residing in Thailand, with the Justice Dept aiming to seek the cooperation of Thai authorities to serve a warrant for the jewellery.

Low Taek Jho , 1MDB , Crime , DOJ