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1MDB financier Jho Low seeks pardon from Donald Trump

the Guardian·Reuters·19 days ago
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The fugitive Malaysian financier Jho Low, a central figure in the multibillion-dollar scandal at the state fund 1Malaysia Development Berhad (1MDB), is reportedly seeking a pardon from the US president, Donald Trump . Low faces multiple charges including corruption and money laundering in the US and Malaysia for the important role he allegedly played in the misappropriation of at least $4.5bn (£3.3bn) from 1MDB. The scandal was one of the world’s biggest financial frauds , with billions plundered from the now defunct sovereign wealth fund in a scandal that began to unfold in 2015. Low has consistently denied wrongdoing and his whereabouts is unknown. Low recently filed a request for a pardon that, if granted, would remove US criminal charges against him, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. A White House official said Low’s request was not on its radar, the report said.…

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