US RETURNS $300m TO MALAYSIA IN 1MDB FUNDS

The US Department of Justice has reported that it has returned $300m to the Government of Malaysia, representing a portion of the funds illegally misappropriated by Jho Low and his family, from the Malaysian development investment fund known as 1MDB, or One Malaysia Development Berhad.these funda are part of the $1bn recovered by the United States.

Jho Low

The laundered funds were sent to Singapore, Switzerland, Luxembourg and the United States. readers who wish more details may access the DOJ press release here.

The fugitive Jho Low's controversial possession of a St Kitts & Nevis Citizenship by Investment (CBI) passport has spurred rumors that he has will attempt to seek refuge in SKN, where he would be safe from extradition, and some observers have sought to track his movements. He was last seen in Macau, and then entered China.