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Malaysia Seeks Jho Low's Arrest After Money Laundering Charges

  • Prosecutors file eight money-laundering charges against Low
  • Warrants of arrest for Low, father issued by Malaysian court
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Malaysia Files Criminal Charges Against Jho Low
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Malaysia charged fugitive financier Low Taek Jho with money laundering and said it’s seeking Interpol’s help to locate and arrest him, tightening the net around a central figure behind the alleged embezzlement of funds from state investment company 1MDB.

Low took part in laundering "proceeds of unlawful activity" when he received about $262 million, and transferred about 41 million euros and $141 million, charge sheets showed. His father -- Low Hock Peng -- was charged with transferring more than $56 million to him. The transactions took place between December 2013 and June 2014.