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Fugitive Malaysian Financier Jho Low Settles 1MDB Money Laundering Case with US Justice Department

In a significant development, the US Department of Justice (DOJ) has announced a confidential agreement with Jho Low, the elusive Malaysian businessman at the center of the 1MDB scandal. This agreement marks a significant step towards resolving the extensive asset forfeiture cases linked to the multi-billion dollar corruption and money laundering scheme. With this settlement, the DOJ has closed the largest civil forfeiture case in its history, bringing the long-running legal saga to a potential conclusion.