Fugitive Malaysian financier Jho Low, pictured in 2015. Photo: AP

1MDB scandal: Jho Low not off the hook despite US$1 billion settlement

  • The US Justice Department says the fugitive Malaysian financier still faces criminal charges in the US, and it will not tolerate its financial system being used for ill gotten gains
  • Low says he is ‘very pleased’ with the comprehensive settlement, which does not constitute an admission of guilt or liability from him
Topic |   Malaysia 1MDB scandal

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Fugitive Malaysian financier Jho Low, pictured in 2015. Photo: AP
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Bhavan Jaipragas

Bhavan Jaipragas

Bhavan is Asia Correspondent for the SCMP, covering breaking news, politics, diplomacy, trade and Southeast Asian macroeconomic trends. His work for the Post's Asia desk also focuses on the region's multifaceted interactions with the United States and China. A Singapore native, Bhavan previously worked for Agence France-Presse.