Malaysia will ask US to hand over US$1b recovered from Jho Low, says Mahathir

Malaysia will ask US to hand over US$1b recovered from Jho Low, says Mahathir

The Jakarta Post-SE·2019-11-01 11:11

Malaysia will ask the United States to hand over the $1 billion in assets it has recovered from fugitive financier Jho Low, Prime Minister Mahathir Mohamad said on Thursday.

The US Justice Department on Wednesday struck a deal to recoup funds allegedly looted from a Malaysian state investment fund by the financier, in a record capture for a US anti-corruption probe.

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