Malaysia Seeks $35 Million Private Jet Linked to 1MDB Scandal

Malaysia Seeks $35 Million Private Jet Linked to 1MDB Scandal
Malaysia's Prime Minister Mahathir Mohamad speaks during an interview with Reuters in Putrajaya, Malaysia June 19, 2018. Reuters/Lai Seng Sin/File Photo
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KUALA LUMPUR—Malaysia is seeking to repossess a $35 million private jet owned by financier Low Taek Jho as part of investigations into a multi-billion dollar scandal at state fund 1MDB, Prime Minister Mahathir Mohamad said on Sunday.

The financier, also known as Jho Low, bought the Bombardier Global 5000 jet for $35.4 million in 2010 using funds allegedly taken from 1Malaysia Development Berhad (1MDB), the U.S. Department of Justice (DOJ) has said.