Malaysia plans to repatriate embezzled 1MDB assets, despite a US DOJ deal with Jho Low.
Malaysia's Federal Government plans to repatriate assets wrongfully bought with 1MDB funds, focusing on recovering embezzled assets even if the US Department of Justice (DOJ) has reached a deal with fugitive financier Low Taek Jho, also known as Jho Low. The Malaysian government is aware of the deal, which may involve Jho Low forfeiting valuable artworks as part of its 1MDB agreement with the US DOJ. Asset repatriation has been a priority since previous administrations.
July 06, 2024
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