Malaysian financier charged over massive graft scandal

A fugitive Malaysian financier at the centre of a massive corruption scandal that helped bring down the last government was yesterday charged with money-laundering, police said. The move is seen as a key step in trying to get baby-faced businessman Low Taek Jho, who allegedly pla

Editorial Team Legacy

Published 25 August 2018, 8:00 · Updated 21:44

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Malaysian financier charged over massive graft scandal

A fugitive Malaysian financier at the centre of a massive corruption scandal that helped bring down the last government was yesterday charged with money-laundering, police said.

The move is seen as a key step in trying to get baby-faced businessman Low Taek Jho, who allegedly played a central role in plundering state fund 1MDB, extradited to Malaysia to face justice.

Reports say he is currently in China.

The corruption allegations were a major factor in the defeat of Najib Razak, who set up and oversaw 1MDB, and was booted from power in May elections.

Malaysian financier charged over massive graft scandal

Editorial Team Legacy

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