, also known as Jho Low, has welcomed the US authorities’ latest deal to recover assets linked to money embezzled from 1Malaysia Developmemt Berhad , following a court filing on the return of jewellery worth US$1.7 million .
However, he reiterated that the surrender of jewellery for his mother Evelyn Goh, does not amount to an admission of wrongdoing. According to the US Department of Justice, the jewellery items were purportedly acquired using misappropriated 1MDB funds. “Mr Low is pleased to learn that the US Department of Justice and all the relevant parties are working to amicably resolve these matters, and that the DoJ has acknowledged that ‘the transfer ... shall not be construed as an admission of wrongdoing or liability on the part of the current custodian or any other party’,” he said via statement issued through his agent.
“Once the government is in possession, custody, or control of the defendant’s assets pursuant to Supplemental Rule G of the Supplemental Rules for Admiralty or Maritime Claims and Asset Forfeiture Actions, the government will move forward towards default of the defendant’s assets,” the portal quoted from court documents filed on May 1.DoJ, which has identified Low as the person who embezzled billions of dollars from 1MDB, said he had used the money to buy diamonds worth US$1.
omg...what does this guy eat?...human shit?
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Najib misled by Jho Low, rogue bankers, says defence lawyer | The Malaysian InsightShafee says cross-examination of today's witness supports the defence’s argument that the accused's account was manipulated by 'outsiders'. Misled or misleading 🇲🇾
Source: msianinsight - 🏆 8. / 63 Read more »
Jho Low happy with latest DoJ deal on return of jewelleryThe wanted businessman says he is pleased that the deal will not amount to an admission of wrongdoing on the part of the custodian.
Source: fmtoday - 🏆 5. / 72 Read more »
Jho Low reiterates return of jewellery not admission of wrongdoingHe looks forward to the continuing resolution of these issues, says a spokesperson. Tip of the iceberg of valuable bought w dirty money hell awaits Yes that right. Getting yr properties confiscated is also not an admission of wrong doing. U can say anything u want, u reap what you sow! Than why the hell return it,
Source: malaysiakini - 🏆 20. / 51 Read more »
Jho Low ‘pleased’ with DoJ’s deal on family jewellery | The Malaysian InsightAlleged 1MDB mastermind ‘looks forward’ to continuing resolution of such issues.
Source: msianinsight - 🏆 8. / 63 Read more »
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Source: msianinsight - 🏆 8. / 63 Read more »
US DoJ to take possession of US$1.7mil jewellery linked to Jho Low's mumPETALING JAYA: Fugitive businessman Low Taek Jho, also known as Jho Low, says he is looking forward to resolving claims related to jewellery worth US$1.7mil (RM7.02mil) that was purportedly given to his mother Evelyn Goh.
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DOJ: 'Custodian' to return Jho Low's mum's diamond earrings, ringIn its latest court filing, the US agency does not name the keeper of the US$1.7m 1MDB-linked jewellery. Cukong mata sepet yg mengkhianati & menipu NajibRazak .... !!!! Such a drama!
Source: malaysiakini - 🏆 20. / 51 Read more »
‘Custodian’ to hand in Jho Low's mum's jewellery to US, says report | The Malaysian InsightReturn of a pair of diamond earrings and a matching ring worth nearly US$1.7 million is not admission of guilt, says US DoJ.
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Source: staronline - 🏆 4. / 75 Read more »
Goldman Sachs ‘reflecting hard’ on how it hired 1MDB ‘criminal’ | The Malaysian InsightBank chairman and CEO tells CNBC it is trying to understand how it hired and promoted Tim Leissner, the banker closely tied to Jho Low.
Source: msianinsight - 🏆 8. / 63 Read more »