Jho Low settles with DoJ all cases linked to 1MDB

It is unclear the extent Low Taek Jho’s deal with the US DoJ will affect the Malaysian government in its ongoing corruption cases against the financier and former prime minister Najib Razak as Malaysian prosecutors are said to have relied in part on the findings cited in the DoJ civil forfeiture suits. – AFP pic, October 31, 2019.

LOW Taek Jho, a businessman involved in the global 1Malaysia Development Bhd (1MDB) scandal, has reached a tentative settlement to his legal woes with the US Department of Justice (DoJ), Straits Times reports.

The Singapore daily said the settlement is wide-ranging and will resolve all outstanding civil and criminal suits against the Malaysian financier in the United States related to the cases filed in the Central Court District of California in 2016.

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