Fugitive financier Jho Low denies being 'mastermind' behind 1MDB

  • World Premium
  • Monday, 06 Jan 2020

KUALA LUMPUR (Reuters) - Fugitive Malaysian financier Low Taek Jho has said he only acted as an intermediary for deals involving 1MDB, denying in an interview published on Monday that he had set the stage for the theft of billions of dollars from the Malaysian state fund.

Low faces charges in the United States and Malaysia for his alleged central role in defrauding up to $4.5 billion from 1Malaysia Development Berhad (1MDB), founded by former Malaysian Prime Minister Najib Razak and the subject of the U.S. Department of Justice's largest ever anti-kleptocracy case.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In World

Report: Elon Musk had twins with company exec last year Premium
Boris Johnson digs in as ministers, lawmakers desert UK government Premium
Tech firms delete mass shooters’ accounts, but it’s not enough Premium
Tech firms slug it out to create ultimate AI translator Premium
Isolating the Taliban: How young landmine victims may be collateral damage Premium
Apple launches iPhone security tool to block targeted attacks Premium
Cost-of-living crisis driving 'breathtaking' surge in extreme poverty - UNDP Premium
Facebook accessed deleted user data, fired screener claims Premium
Australia expands fourth COVID dose rollout amid fresh Omicron threat Premium
Russia warns humanity at risk if West seeks to punish it over Ukraine Premium

Others Also Read