Malaysia Lacking Foreign Help in Hunt for Jho Low, Kini Reports

December 24, 2019 0 By HearthstoneYarns

(Bloomberg) — Malaysia’s police are having trouble getting their foreign counterparts to help in the search for Jho Low, the alleged mastermind behind the 1MDB scandal, Malaysiakini reported.

Inspector-General Abdul Hamid Bador said other countries lacked the sincerity to cooperate, and were even denying Low’s presence in their jurisdictions despite Malaysian intelligence indicating otherwise, the local newspaper reported. The police are maintaining their promise to bring back the fugitive financier by year-end.

Bringing in Jho Low to face criminal charges in Malaysia would be a major step in the country’s renewed investigation into troubled state fund 1MDB, which saw more than $4.5 billion allegedly misappropriated.

The police have declined to say where they suspect Low to be located or from which authorities they’re seeking cooperation, while ruling out the U.S. and the United Arab Emirates. In September, Abdul Hamid said the financier was in a jurisdiction with which Malaysia has an extradition treaty, and that he was in talks with a party they suspect of protecting him.

Low recently struck a deal with the U.S. Justice Department to return almost $1 billion of assets to resolve forfeiture cases linked to him. He has consistently denied any wrongdoing.

To contact the reporter on this story: Anisah Shukry in Kuala Lumpur at ashukry2@bloomberg.net

To contact the editors responsible for this story: Ruth Pollard at rpollard2@bloomberg.net, Yudith Ho, Rieka Rahadiana

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