Jho Low deal too risky

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Jho Low deal too risky
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PETALING JAYA: Fugitive businessman Low Taek Jho’s (pic)attempt to reach a settlement with the Malaysian government over corruption charges against him was aborted as it allegedly could have serious “political repercussions”.

Former Attorney General Tan Sri Apandi Ali facilitated meetings between Jho Low, as he’s known, and the government to discuss the repatriation of billions allegedly siphoned off by Jho Low from the 1Malaysia Development Bhd sovereign fund.

AG Tan Sri Idrus Harun said in a brief statement yesterday that all offers for a settlement from Jho Low’s representatives were rejected by the AGC. The Edge reported that Jho Low, who is allegedly the mastermind behind the 1MDB scandal, had offered RM1.5bil to the government to settle the charges and that he was represented by Apandi in the negotiations with the government.

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