Jho Low Maintains Innocence Over New 1MDB Fund Misuse Charges
- Charges involved over $1 billion of Malaysian investment funds
- Low’s associate, three ex-1MDB employees were also charged
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Malaysian financier Low Taek Jho has maintained his innocence over new charges of money laundering as the government steps up legal action against those who had allegedly embezzled from state investment fund 1MDB.
“Low will not submit to any jurisdiction where guilt has been predetermined by politics and there is no independent legal process,” according to a statement issued by his attorneys. “It is clear that Mr. Low cannot get a fair trial in Malaysia.”