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Jho Low to forfeit Warhol, Monet artworks in 1MDB deal with US Justice Department

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He also agreed to cooperate in the transfer to Malaysia of certain assets that are linked to 1MDB funds.

Jho Low also agreed to cooperate in the transfer to Malaysia of certain assets located in Singapore and other places.

The DOJ announced an agreement with Malaysian fugitive businessman Low Taek Jho or Jho Low, members of his family, and trust entities in order to resolve two civil forfeiture cases. Low also agreed to cooperate in the transfer to Malaysia of certain other assets located in Hong Kong, Switzerland and Singapore that are linked to 1MDB funds.

 

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