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Fleeting Malaysian Financier Low Refuses Setting Stage for 1MDB Scam

Fugitive Malaysian financier Low Taek Jho has stated he only acted as a middleman for offers involving 1MDB, declining in an interview published on Monday that he had paved the way for the theft of billions of dollars from the Malaysian state fund.

Low faces charges in the U.S. and Malaysia for his alleged central role in defrauding as much as $4.5 billion from 1Malaysia Development Berhad (1MDB), based by former Malaysian PM Najib Razak and the subject of the U.S. Division of Justice’s most significant ever anti-kleptocracy case.

Fleeting Malaysian Financier Low Refuses Setting Stage for 1MDB Scam

Low, or Jho Low as he’s popularly recognized, has consistently declined wrongdoing and says the charges against him are politically supported.

A spokesperson for Low didn’t instantly reply to a request for added feedback.

To a question on why he has remained on the run, Low stated the Malaysian government had victimized him and his family, ignoring “basic human rights and fair judicial processes” by branding him as the mastermind behind the monetary scam.

Malaysia’s prime minister’s office didn’t instantly reply to a request for comment.

Low stated his “professional connections” had helped Malaysia build robust connections with critical aides, particularly Saudi Arabia, boosting Haj pilgrimage quotas for Malaysian Muslims and investments in monetary, real estate, and different sectors in the Southeast Asian nation.

Low declined to expose his current location however confirmed he was offered asylum in August 2019. He didn’t name the nation offering refuge.

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