Malaysia Seeks to Arrest Financier Jho Low Over 1MDB Scandal

Malaysia Seeks to Arrest Financier Jho Low Over 1MDB Scandal
A construction worker talks on the phone in front of a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, in this Feb. 3, 2016 file photo. Reuters/Olivia Harris/Files
Reuters
Updated:

KUALA LUMPUR–Malaysia is seeking to arrest financier Low Taek Jho, believed to be residing abroad, over his involvement in a graft scandal at state fund 1Malaysia Development Berhad (1MDB), Prime Minister Mahathir Mohamad said on Friday.

Low, popularly known as Jho Low, was regarded as close to former premier Najib Razak and his family, and is seen as a central figure in the 1MDB scandal, which is the subject of multi-billion-dollar money laundering investigations underway in Malaysia and around the world.