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Singapore says Hong Kong turned down 2016 request to arrest key figure in 1MDB case

Reuters  |  KUALA LUMPUR 

KUALA LUMPUR (Reuters) - Singapore on Wednesday said Hong Kong had turned down its request in 2016 to arrest Malaysian financier Low Taek Jho, who is wanted in connection with an alleged multi-billion-dollar graft scandal at Malaysian state fund 1MDB. The statement came as authorities in Malaysia continue to try to track down Low, who has been identified by investigators in Malaysia and the United States as a key figure in the 1Malaysia Development Berhad (1MDB) case.The U.S. Department of Justice says an estimated $4.5 billion was misappropriated from 1MDB by high-level officials of the fund ...

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First Published: Wed, July 11 2018. 18:05 IST
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