KONTAN.CO.ID - KUALA LUMPUR. A $1.7 million diamond jewellery set, allegedly bought for the mother of fugitive Malaysian financier Low Taek Jho, will be handed over to the U.S. government, U.S. prosecutors said in a court filing. Low, known as Jho Low, has been charged in Malaysia and the United States for his role in the suspected theft of about $4.5 billion from state fund 1Malaysia Development Berhad (1MDB). Low, whose whereabouts are unknown, has consistently denied wrongdoing.
Diamond jewellery linked to Malaysian fund scandal to be handed to U.S.
KONTAN.CO.ID - KUALA LUMPUR. A $1.7 million diamond jewellery set, allegedly bought for the mother of fugitive Malaysian financier Low Taek Jho, will be handed over to the U.S. government, U.S. prosecutors said in a court filing. Low, known as Jho Low, has been charged in Malaysia and the United States for his role in the suspected theft of about $4.5 billion from state fund 1Malaysia Development Berhad (1MDB). Low, whose whereabouts are unknown, has consistently denied wrongdoing.