Jho Low Family Digs in to Stop 1MDB Asset Seizure by U.S.
Edvard Pettersson (2016). Jho Low Family Digs in to Stop 1MDB Asset Seizure by U.S.. Bloomberg. 6 December.
| Title | Jho Low Family Digs in to Stop 1MDB Asset Seizure by U.S. |
|---|---|
| Publication Date | 6th Dec 2016 |
| Author | Edvard Pettersson |
| Source | Bloomberg |
| Country | United States of America |
| Region | Americas |
| Art type | Other |
| Subject | Raid or Seizure |
| Comments | The US Justice Department has begun seizing assets owned by Low which have been paid with money from a suspicious development fund called 1MDB which has long reaching ties to hotels, properties, and even the production of Hollywood movies. Though the case is underway in California, Low is hoping to have it moved to either New Zealand or the Cayman Islands where he sees the law as more lenient. |
| Link | https://www.bloomberg.com/news/articles/2016-12-06/jho-low-s-family-broadens-bid-to-protect-650-million-nest-egg |
| Permalink | https://web.archive.org/web/20161207084236/https://www.bloomberg.com/news/articles/2016-12-06/jho-low-s-family-broadens-bid-to-protect-650-million-nest-egg |