Malaysia’s anti-graft regulator have confirmed that it suspects alleged 1Malaysia Development Berhad (1MDB) fraud mastermind Jho Low is hiding in the Chinese special administrative region of Macau. Read more at straitstimes.com.
Malaysia’s anti-graft regulator have confirmed that it suspects alleged 1Malaysia Development Berhad fraud mastermind Jho Low is hiding in the Chinese special administrative region of Macau.
Low is wanted by the authorities globally and his arrest is viewed to herald the denouement of the Malaysian scandal described by the United States Justice Department as the biggest case of kleptocracy it has investigated. The US Federal Bureau of Investigation also accused Low of stealing US$1.4 billion from bond transactions that Goldman Sachs Group helped facilitate for 1MDB.
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