Jho Low during an interview at his office in Central, Hong Kong, in March 2015. Photo: Sam Tsang
Fugitive Malaysian tycoon Jho Low nears US$1 billion settlement with US over 1MDB scandal, reports say
- Deal would be biggest recovery of funds under US government’s Kleptocracy Asset Recovery Initiative and resolve more than dozen forfeiture lawsuits
- Settlement will not include an admission of guilt or wrongdoing and will not be tied to criminal action against Low
Jho Low during an interview at his office in Central, Hong Kong, in March 2015. Photo: Sam Tsang
