10.07.2015 - Malaysian Financier Tied to Inquiry Into 1MDB
Malaysian authorities have received information about the accounts of a young Malaysian financier as part of a probe into allegations of misallocation of money from a controversial state investment fund overseen by Prime Minister Najib Razak, according to documents related to the probe. More than $500 million in accounts belonging to Jho Low, a Malaysian financier in his early 30s who helped set up 1Malaysia Development Bhd., or 1MDB, were the subject of correspondence in March between Singapore’s police and Malaysia’s central bank, which had asked Singapore for help investigating the fund...............................................Full Article: Source
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