Malaysia will make a claim for the US$1 billion in assets recovered by the United States Department of Justice (DOJ) from fugitive financier Low Taek Jho, Prime Minister Mahathir Mohamad said on Thursday, as they were bought with money looted from the 1Malaysia Development Berhad (1MDB) sovereign wealth fund.“Part of the 1MDB money was used by Jho Low to buy assets in America … worth about US$680 million. He has now decided not to contest against the DOJ. Therefore the DOJ now can freeze the…
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