1MDB Plus involved $2 BILLION more of Malaysia's money to cover up. Whilst the Malaysian authorities have tarried over action to get that money back, it seems that once again US investigators have got in ahead of the game as the UN casts opprobrium on Kuwait for its treatment of the whistleblower in this case...
Fugitive businessman convicted in absentia for money laundering
(The Vibes) - Wanted fugitive Low Taek Jho, better known as Jho Low, was convicted in absentia yesterday in a Kuwaiti court for money laundering charges in relation to the 1Malaysia Development Bhd (1MDB) scandal.
According to a r
KUWAIT CITY (March 29): Kuwait’s criminal court today sentenced a “Sheikh”, his partner and two foreigners named Jho Taek Low and Bashar Kiwan, to 10 years imprisonment for the 1MDB fund embezzlement case, the biggest money laundering case in the country so far.
The court led by Counsellor Faisal
The son of Kuwait's former prime minister, Jho Low's college mate and Malaysia's own top fugitive, Jho Low, have all been found guilty of laundering hundreds of millions in stolen Malaysian money used by Najib to cover up 1MDB in a landmark ruling by the Gulf state...
International fugitive Jho Low has been sentenced in absentia to 10 years in a Kuwait prison for his role in laundering a minimum of $1 billion connected to $4.5 billion that was stolen from the Malaysian sovereign wealth fund known as 1MDB, according to reports.