US DoJ seized over RM305m linked to Jho Low, funds used to influence 1MDB probe
By Jerry Choong
A civil forfeiture claim filed with a US court has revealed over US$73 million (RM305.1 million) was seized by the Department of Justice (DoJ) from bank accounts linked to fugitive financier Jho Low. — Picture via Facebook
KUALA LUMPUR, Dec 1 — A civil forfeiture claim filed with a US court has revealed over US$73 million (RM305.1 million) seized by the Department of Justice (DoJ) from bank accounts linked to fugitive financier Low Taek Jho, also known as Jho Low.
In the 23-page forfeiture affidavit document shared by Malaysiakini, the money is described as coming from various illegal activities including bank fraud and from making false statements to a financial institution.
The filings, which were made with the District of Columbia District Court, indicated four seizures from several accounts were made between January to July this year.
They included US$25 million (RM104.5 million) and US$11 million (RM45.9 million) from two Citibank accounts held in the name of Higginbotham Law PC, US$37.6 million (RM157.1 million) seized in March from an account at Morgan Stanley bank under the name Anicorn, and US$21,100 (RM88,196) seized in July from an account at Wells Fargo Bank under the name of Artemus Group.