U.S. agrees $1 billion 1MDB forfeiture deal with Malaysia’s Jho Low

October 31, 2019 admin Business News Comments Off on U.S. agrees $1 billion 1MDB forfeiture deal with Malaysia’s Jho Low

The U.S. Justice Department on Wednesday reached its biggest civil forfeiture deal in agreeing to recover almost $1 billion in funds Malaysian financier Jho Low and his family had allegedly misappropriated from Malaysian state fund 1MDB.

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Source:: Reuters – Business News