Fugitive businessperson Low Taek Jho has reportedly offered RM1.5 billion to the Malaysian government to settle charges against him, a report claimed.
The Edge also quoted unnamed sources saying that the government has rejected the offer.
The report last night claimed former attorney-general Mohamed Apandi Ali is representing Low in negotiations with the government.
Malaysiakini has contacted Apandi and is awaiting a response.
Minister in the Prime Minister’s Department (Parliament and Law) Wan Junaidi Tuanku Jaafar told Malaysiakini he was not aware of the negotiations.
Low, 40, also known as Jho Low, is the alleged mastermind behind the 1MDB scandal and has been charged in absentia in US and Malaysian courts.
He is currently at large and his whereabouts are not publicly known despite police efforts to track him down and extradite him. It is believed that he is in China.
Money-laundering charges
In 2018, the US Department of Justice charged Low with conspiracy to launder billions of dollars from the Malaysian sovereign wealth fund, and conspiracy to violate the American Foreign Corrupt Practices Act.
In Malaysia, he and his associates are facing five money-laundering charges amounting to US$1.03 billion.
He also faces a separate charge money -laundering charge with his aide Eric Tan Kim Loong for US$125.97 million.
In 2020, the MACC brought another charge against Low and his associates, this time allegedly engaging in a criminal conspiracy to enable former prime minister Najib Abdul Razak to use his position to receive a bribe totalling RM60,629,839.43.
Low repeatedly claimed he was innocent and said in a 2020 interview that he was merely an intermediary in 1MDB’s dealings. - Mkini
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