Malaysian financier charged over massive graft scandal
A fugitive Malaysian financier at the centre of a massive corruption scandal that helped bring down the last government was yesterday charged with money-laundering, police said.
The move is seen as a key step in trying to get baby-faced businessman Low Taek Jho, who allegedly played a central role in plundering state fund 1MDB, extradited to Malaysia to face justice.
Reports say he is currently in China.
The corruption allegations were a major factor in the defeat of Najib Razak, who set up and oversaw 1MDB, and was booted from power in May elections.
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