for his luxury lingerie company will be sold while he continues to fight US claims that the property is one of many acquired with money stolen from the 1MDB investment fund.
According to court filings Wednesday, the proceeds of the sale are to replace the real-estate assets as the litigation continues. The US has brought 30 forfeiture lawsuits seeking real estate, investments, art and jewelry valued at US$1.7bil that Low and his accomplices bought. In a 2014 email Low sent from his Myla account, he introduced a Red Granite Pictures representative to Myla executives to follow up on"any opportunities for Myla in the movie space."
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