KUALA LUMPUR: Malaysian police say businessman Low Taek Jho, wanted for the looting of state investment fund 1MDB, has fled Macau to an unknown destination.
Police chief Mohamad Fuzi Harun said Wednesday that Low could have several passports, making it tougher to trace him.
1MDB was founded by then-Prime Minister Najib Razak but accumulated billions in debts and is being investigated in the US and several countries. It sparked public anger that led to Najib’s electoral defeat.
The new government has reopened investigations into 1MDB and is seeking to question Low, named as a central figure by US prosecutors in looting and laundering at least $4.5 billion from the fund.
Switzerland Attorney-General Michael Lauber said Tuesday the scandal involved an estimated $7 billion in fraud, far greater than the US figure.
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Malaysia says mastermind behind 1MDB looting fled Macau
Malaysia says mastermind behind 1MDB looting fled Macau
Trump says he’s thinking of putting Republican Senator Ted Cruz on Supreme Court
- Trump, introducing Cruz at a rally in Corpus Christi, called the Texas Republican ‘an amazing guy’
CORPUS CHRISTI, Texas: President Donald Trump on Friday said he was considering nominating Republican Senator Ted Cruz for a future seat on the US Supreme Court, although Cruz last month said he was not interested.
Trump, introducing Cruz at a rally in Corpus Christi, called the Texas Republican “an amazing guy,” joking that he would easily win confirmation from Democrats and Republicans in Congress alike because they wanted to get him out of the Senate.
“He’s the only guy I know, he’ll get 100 percent of the Democrat vote, 100 percent of the Republican vote. They want to get him out of there. He is such a pain in the ass, but he’s so good and so talented.”
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