Fugitive financier Low Taek Jho faces new charges in Malaysia along with PetroSaudi International directors Tarek Obaid and Patrick Mahony over their alleged roles in the 1MDB scandal. The three are accused of engaging in criminal conspiracy with Malaysia’s former Prime Minister Najib Razak, while Mahony and Obaid face additional money laundering charges for allegedly receiving $300 million from 1MDB through unlawful activity, according to the Malaysian Anti-Corruption Commission. […] These are the first accusations against Mahony and Obaid in Malaysia, while Low, known as Jho Low, has already denied wrongdoing against previous charges filed against him in the Southeast Asian country. A lawyer for Obaid wasn’t immediately available for comment, while a representative for Low didn’t immediately respond to a request for comment. […] The scandal is at the center of global probes from Switzerland to Singapore, with U.S. prosecutors estimating about $4.5 billion were siphoned from 1MDB.
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