PETALING JAYA: The United States Justice Department is said to have inked a confidential agreement with fugitive financier Low Taek Jho to reach a global settlement regarding the forfeiture of 1MDB assets, According to Channel News Asia .
The agreement to try to reach a global settlement was signed by Margaret A. Moeser, Acting Chief of the Money Laundering and Asset Recovery section in the Criminal Division of the DOJ, lawyers for Low’s financial trustee, and Low’s family lawyer Robin Rathmell of the law firm Kasowitz Benson Torres. Assets that were not previously claimed or captured by prosecuting agencies worldwide would also be handed over.
Source: Entertainment Trends (entertainmenttrends.net)
Doj 1MDB Channel News Asia
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