NEW YORK: Malaysia believes financier Low Taek Jho is hiding in Macau, along with others wanted in the multibillion ringgit 1MDB scandal, Al Jazeera reported, citing the national anti-graft body.
is hiding in Macau, along with others wanted in the multibillion ringgit 1MDB scandal, Al Jazeera reported, citing the national anti-graft body.
Malaysian authorities have been working to repatriate Jho Low for years. He was first charged in absentia in 2018 by a Malaysian court with eight counts of money laundering and issued a warrant of arrest for his role in 1Malaysia Development Bhd. Low publicly declared his innocence that same year. The Federal Bureau of Investigation has accused Low of stealing US$1.42bil from three bond transactions that Goldman Sachs Group Inc. arranged for the Malaysian wealth fund.
MACC’s chief Tan Sri Azam Baki didn’t immediately reply to a call and a text message seeking comment on the Al Jazeera report.
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