The transfer"shall not be construed as an admission of wrongdoing or liability on the part of the current custodian or any other party", the prosecutors said in a filing in a California court.Prosecutors did not say who the set's custodian was, but earlier filings said the jewellery was believed to be in Thailand where Low's mother, Madam Goh Gaik Ewe, lives.
Low's spokesman said in a statement that his client was"pleased to learn that the United States Department of Justice and all the relevant parties are working to amicably resolve these matters".
Source: Law Daily Report (lawdailyreport.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla to raise US$2 billion from share, debt issuesTesla Inc filed for a mixed shelf offering for an undisclosed amount on Thursday, a week after Chief Executive Officer Elon Musk suggested a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US to return US$200 million in 1MDB funds to Malaysia: SourcesU.S. authorities will this month return US$200 million (£153.8 million) stolen from Malaysia's state fund 1MDB, including money from a stake in a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Manulife US Reit raises US$94m in oversubscribed issue of new units at US$0.824 apieceMANULIFE US Reit has raised US$94 million from the issue of 114.1 million new units at US$0.824 per unit. The issue price represents a 4.37 per cent discount to the unit's price of US$0.86 as at 10.13am on Tuesday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
ARA US Hospitality Trust prices IPO at US$0.88 per stapled security to raise US$498mARA US Hospitality Trust has priced its initial public offering (IPO) at US$0.88 per stapled security, according to registration documents on May 2. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US, Singapore to return more than S$300 million in 1MDB-linked fundsKUALA LUMPUR — The US and Singapore are ready to return more than S$300 million allegedly misappropriated from 1Malaysia Development Bhd, reports Bloomberg.
Source: TODAYonline - 🏆 1. / 99 Read more »
US calling for Goldman Sachs guilty plea in 1MDB scandal: ReportNEW YORK The US Justice Department is calling for Goldman Sachs to plead guilty for its role in the massive corruption scandal involving Malaysian investment fund 1MDB, The Financial Times reported on Wednesday. That recommendation applies to any settlement between Goldman...
Source: thenewpaper - 🏆 7. / 63 Read more »
US, Singapore to return more than S$273 million in 1MDB-linked fundsKUALA LUMPUR — The US and Singapore are ready to return more than US$200 million (S$273 million) allegedly misappropriated from 1Malaysia Development Bhd, reports Bloomberg.
Source: TODAYonline - 🏆 1. / 99 Read more »
US factory activity at 2-1/2-year low, points to slowing economyU.S. manufacturing activity slowed to a 2-1/2-year low in April amid a sharp drop in new orders while construction spending unexpectedly fell in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US factory activity at two-and-half-year low, points to slowing economyU.S. manufacturing activity slowed to a 2-1/2-year low in April amid a sharp drop in new orders while construction spending unexpectedly fell in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Start-ups here closed deals worth $14.3b last yearStart-ups here closed 353 financing deals worth US$10.5 billion (S$14.3 billion) last year, an increase from the 160 deals worth US$0.8 billion in 2012, according to Enterprise Singapore (ESG). Notable deals included technology company Grab's US$2 billion and Alchemy...
Source: thenewpaper - 🏆 7. / 63 Read more »
PG&E seeks US court approval for US$105 million fund to help wildfire victimsPG&E Corp on Wednesday sought court approval for a US$105 million fund to help house victims of the wildfires blamed on the bankrupt California ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »