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Thursday, May 2, 2024

1MDB fugitive Jho Low placed in Macau as associates in spotlight | Corruption News

Malaysian financier Jho Taek Low is arguably the most wanted “white-collar criminal” on earth.

Jho Low’s decadent lifestyle, famous and powerful friends, extravagant gifts, luxury real estate, superyacht and private jet made him the global face of what the United States Justice Department dubbed the biggest case of kleptocracy it had ever investigated.

But the man who allegedly masterminded the theft of more than $4.5bn from Malaysia’s sovereign wealth fund 1MDB disappeared in 2016 as authorities from Singapore to Australia and the US closed in on the massive fraud.

Jho Low’s whereabouts since then, a source of speculation for years, is now being publicly confirmed by Malaysia’s anti-corruption body.

The Malaysian Anti-Corruption Commission (MACC) said in a written response to questions from Al Jazeera that it “believes the individuals wanted for the 1MDB case,…

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