MALAYSIA has issued arrest warrants against three leading characters including fugitive Low Taek Jho who masterminded the looting of billions from state-owned fund 1Malaysia Development Bhd (1MDB).

The Penang-born businessman, who is popularly known as Jho Low, together with PetroSaudi International Ltd (PSI) directors Patrick Andrew Marc Mahony and Tarek Essam Ahmad Obaid are wanted by the authorities in Malaysia for crimes related to 1MDB.