US deal doesn’t mean hunt for Jho Low is over, says Johari

PETALING JAYA: The US department of justice’s confidential agreement with Low Taek Jho is a matter separate from the Malaysian government’s efforts to arrest the fugitive financier, says Johari Ghani.

“Our issue at this juncture concerns the settlement agreement that the previous government made with Goldman Sachs, which promised to pay an additional US$1.4 billion on top of the US$2.5 billion that has already been paid.” CNA reported that the global settlement plan would see the surrender of assets previously identified by the authorities. Assets that were not previously claimed or seized by prosecuting agencies worldwide would also be handed over.The agreement is linked to the DoJ’s announcement on June 26 that it would be recovering an additional US$100 million in resolving two civil forfeiture cases, including artwork by Claude Monet and Andy Warhol.

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jho Low, US enter ‘confidential’ agreement for global settlement of assets forfeiturePETALING JAYA: The US justice department (DoJ) is said to have inked a confidential agreement with fugitive financier Low Taek Jho, or Jho Low, to reach a global settlement to the forfeiture of 1MDB assets.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »

Possible deal with Jho Low and US Justice Department on 1MDBThe actors share with StarLifestyle exclusively how much fun they had making the show that centres on daring heists.
Source: staronline - 🏆 4. / 75 Read more »