Malaysia asks Interpol to trace 1MDB-linked financier Jho Low

Malaysia asks Interpol to trace 1MDB-linked financier Jho Low

The assets include a private jet, a hotel and real estate in NY, and a $107 million interest in EMI Music Publishing bought by Low Taek Jho, also known as Jho Low, the lawsuits said.

Malaysia has asked Interpol to help track down a financier at the centre of a massive financial scandal that has embroiled the country's leader, it was announced Monday.

PARLIAMENT | The government has indeed sought assistance from the International Police Organisation (Interpol) to locate controversial businessman Low Taek Jho, better known as Jho Low.

The U.S. Justice Department is seeking to seize $1.7 billion in assets that it said were bought with misappropriated funds from 1MDB, according to dozens of civil lawsuits filed by the department in the past two years.

Azmin had asked an additional question on strategic fund 1Malaysia Development Bhd (1MDB) and Low, during Question Time in the Dewan Rakyat. U.S. justice officials accuse him of using looted money to purchase items including artwork, a hotel and a luxury yacht.

Low, whose whereabouts are unknown, has denied any wrongdoing and has not been charged with any crime.

Zahid, who is also home minister, added that the police had not received any information on the matter.

Low's representative in the United States didn't immediately reply to an emailed request for comment, while Jynwel Capital, his company in Hong Kong, didn't respond to calls and an email.

Prosecutors in Singapore have named Low as the central figure in probes linked to 1MDB, adding that he used money traceable to the state fund for his own benefit.

"And we are confident that the case is no longer relevant, and is only brought up by politicians who are not satisfied about it".

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