Kuwait court sentences Jho Low to 10 years’ jail for money laundering FMTNews
Jho Low is believed to be in Macau, although Beijing has denied protecting the fugitive financier.
Kuwaiti newspaper Al-Qabas reported that a sheikh, his partner and a foreigner were also handed 10-year prison sentences, while a lawyer was sentenced to seven years on money laundering charges in relation to a “Malaysian fund”.Al-Qabas said Kuwaiti public prosecution charged the defendants as an “organised criminal group” which laundered 343.7 million Kuwaiti dinars knowing that it was embezzled from a Malaysian sovereign wealth fund.
Al-Qabas said Kuwaiti public prosecutors had reopened the “frozen” money laundering case after a two-year hiatus, during which it was unable to obtain information from international parties.
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