AGC confirms Jho Low tried to settle 1MDB charges, but all offers were rejected

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AGC confirms Jho Low tried to settle 1MDB charges, but all offers were rejected
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KUALA LUMPUR, July 16 — The Attorney-General's Chambers (AGC) has confirmed today that fugitive financier Low Taek Jho had earlier this year attempted to settle the charges...

that the businessman known as Jho Low had offered Putrajaya a sum of around RM1.5 billion, with former attorney-general Tan Sri Apandi Ali running the negotiations.Apandi was appointed attorney-general in 2015 under Datuk Seri Najib Razak's tenure as prime minister before his service was terminated in June 2018 following the change in the federal government to Pakatan Harapan. He sued Putrajaya for RM2.23 million over this termination and in April this year, a settlement was reached.

He had in 2016 announced he was satisfied that no criminal offence has been committed by former prime minister Najib involving 1MDB. Najib was later found guilty in 2020 of abuse of power and misappropriating over RM42 million from 1MDB's former subsidiary SRC International Sdn Bhd.

Low is also said to have been a close confidant of former prime minister Datuk Seri Najib Razak, who himself has been convicted and is on trial for more than 25 charges related to alleged abuses related to 1MDB funds.

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