Three key Malaysian figures mentioned in US DOJ charge documents

02 Nov 2018 / 16:21 H.

    PETALING JAYA: Three key Malaysian figures were mentioned in several charge documents in relation to indictments of Jho Low and senior bankers from a banking institution, US Financial Institution # 1, by the United States Department of Justice (DOJ).
    The documents have Malaysian Official #1 as "a high ranking official in the Malaysian government and the Ministry of Finance MoF with high-level authority to, among other things, approve and influence 1MDB business decisions" and "A high-ranking official in the Malaysian government and the MoF from in or around at least 2009 until in or around 2018, with high-level authority to approve 1MDB business decisions," it stated.
    The charge sheet goes on to refer to Co-Conspirator #3 as "A Malaysian national who was a close relative of Malaysian Official #1 and owned US Motion Picture Company #1, a US legal entity in the business of film production".
    It also refers to the "wife of Malaysian Official #1" and claimed that money was used to pay for jewellery, including the infamous pink diamond necklace.
    Jho Low, and two former US Financial Institution # 1 bankers, its Southeast Asia chairperson Tim Leissner and its former managing director Roger Ng were indicted by the DOJ for multiple counts of offenses against a foreign nation involving the misappropriation, theft and embezzlement of public funds by and for the benefit of a public official which amounts to billions of dollars.
    They are also charged with conspiring to violate the American Foreign Corrupt Practices Act (FCPA), which also details alleged instances of bribery with Malaysian and Abu Dhabi officials.

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