The Fort Worth Press - Malaysia PM says not opposed to fugitive financier's bid for pardon

USD -
AED 3.672503
AFN 62.502238
ALL 82.268889
AMD 368.440053
ANG 1.79046
AOA 917.999684
ARS 1438.278102
AUD 1.424654
AWG 1.8025
AZN 1.699262
BAM 1.693693
BBD 2.014921
BDT 122.796611
BGN 1.66992
BHD 0.377311
BIF 2990.171033
BMD 1
BND 1.288152
BOB 6.913185
BRL 5.198702
BSD 1.000403
BTN 95.308075
BWP 13.585625
BYN 2.753744
BYR 19600
BZD 2.012029
CAD 1.39296
CDF 2275.999857
CHF 0.798195
CLF 0.02329
CLP 916.620358
CNY 6.77275
CNH 6.77924
COP 3580.89
CRC 458.79862
CUC 1
CUP 26.5
CVE 95.489441
CZK 20.92495
DJF 178.142455
DKK 6.47114
DOP 58.367359
DZD 133.63399
EGP 51.820898
ERN 15
ETB 161.28556
EUR 0.86578
FJD 2.219796
FKP 0.74691
GBP 0.74655
GEL 2.650083
GGP 0.74691
GHS 11.654471
GIP 0.74691
GMD 73.000309
GNF 8763.91553
GTQ 7.62586
GYD 209.300714
HKD 7.837055
HNL 26.74553
HRK 6.521204
HTG 130.850267
HUF 307.966995
IDR 17891
ILS 2.96846
IMP 0.74691
INR 95.32405
IQD 1310.581032
IRR 1375175.000037
ISK 124.159913
JEP 0.74691
JMD 157.972903
JOD 0.709002
JPY 160.469676
KES 129.412179
KGS 87.449101
KHR 4025.979649
KMF 427.000194
KPW 899.855249
KRW 1520.685006
KWD 0.30931
KYD 0.833687
KZT 488.019052
LAK 22029.010608
LBP 89585.884391
LKR 333.14137
LRD 182.074042
LSL 16.574885
LTL 2.95274
LVL 0.60489
LYD 6.386553
MAD 9.263956
MDL 17.411561
MGA 4196.561175
MKD 53.369753
MMK 2098.917128
MNT 3576.283338
MOP 8.074908
MRU 40.001386
MUR 47.870473
MVR 15.460027
MWK 1734.747781
MXN 17.393048
MYR 4.069601
MZN 63.906698
NAD 16.574885
NGN 1360.839717
NIO 36.813004
NOK 9.468161
NPR 152.492747
NZD 1.7174
OMR 0.384496
PAB 1.00039
PEN 3.401414
PGK 4.446831
PHP 61.266498
PKR 278.390107
PLN 3.67791
PYG 6178.85334
QAR 3.647566
RON 4.532979
RSD 101.606417
RUB 71.848431
RWF 1467.590388
SAR 3.754433
SBD 8.045573
SCR 13.240928
SDG 600.503759
SEK 9.487197
SGD 1.286605
SHP 0.746601
SLE 24.649751
SLL 20969.502105
SOS 571.725482
SRD 37.361015
STD 20697.981008
STN 21.216989
SVC 8.753524
SYP 110.532098
SZL 16.570686
THB 32.9375
TJS 9.358614
TMT 3.51
TND 2.936345
TOP 2.40776
TRY 46.137398
TTD 6.790185
TWD 31.6708
TZS 2620.518013
UAH 45.079173
UGX 3766.232079
UYU 40.528077
UZS 12059.909849
VES 566.973195
VND 26320
VUV 119.492286
WST 2.744995
XAF 568.051093
XAG 0.0155
XAU 0.000242
XCD 2.70255
XCG 1.80298
XDR 0.706825
XOF 568.041255
XPF 103.277319
YER 238.65016
ZAR 16.515585
ZMK 9001.202744
ZMW 17.33189
ZWL 321.999592
  • RYCEF

    -0.2300

    16.49

    -1.39%

  • RBGPF

    2.0500

    60.72

    +3.38%

  • CMSC

    -0.0500

    22.26

    -0.22%

  • VOD

    0.3900

    15.06

    +2.59%

  • NGG

    -0.3900

    80.69

    -0.48%

  • BCE

    0.2230

    24.803

    +0.9%

  • GSK

    -0.1950

    51.055

    -0.38%

  • CMSD

    0.0200

    22.3

    +0.09%

  • RIO

    -1.8000

    99.62

    -1.81%

  • RELX

    -0.7300

    34.21

    -2.13%

  • BCC

    -1.1900

    68.82

    -1.73%

  • JRI

    0.1550

    12.875

    +1.2%

  • AZN

    -5.1900

    178.24

    -2.91%

  • BTI

    1.1600

    61.11

    +1.9%

  • BP

    1.0250

    43.695

    +2.35%

Malaysia PM says not opposed to fugitive financier's bid for pardon
Malaysia PM says not opposed to fugitive financier's bid for pardon / Photo: © AFP/File

Malaysia PM says not opposed to fugitive financier's bid for pardon

Malaysia will not oppose a bid by a fugitive businessman involved in the massive 1MDB corruption scandal to seek a pardon from US President Donald Trump, Prime Minister Anwar Ibrahim said Friday.

Text size:

Speaking to reporters during a visit to Seremban district, south of Kuala Lumpur, Anwar described the plea by Low Taek Jho as a "non-issue".

The businessman, better known as Jho Low, is formally seeking a "pardon after completion of sentence", according to the US Department of Justice website.

Whistleblowers allege that Jho Low, a well-connected Malaysian financier with no official role, helped set up the 1MDB state investment fund and made key financial decisions before disappearing about a decade ago.

Low, who has been indicted in the United States, has denied wrongdoing but remains at large.

"As far as we are concerned, we are not going in that route," Anwar said when asked if the goverment will formally oppose Jho Low's plea.

"Even if he has submitted, it is not an issue that we should discuss because he is still undergoing this process in courts."

Malaysia's Trade Minister Johari Abdul Ghani, who chairs a task force seeking to recover assets linked to 1MDB worldwide, said Wednesday the plea should be rejected and Low returned for trial.

The 1MDB fund was launched by former prime minister Najib Razak in 2009, shortly after he became premier.

It is alleged that more than $4.5 billion was diverted from 1MDB between 2009 and 2015 by fund officials and associates, including Low.

Najib, who has been convicted in multiple cases, has been jailed and fined $2.8 billion for his role in the plunder.

Najib's defence lawyers blamed Low and dubbed him the mastermind of the scheme.

Malaysia unsuccessfully sought the return of Low through extradition, and it was widely speculated in media that he was hiding in China.

The scandal shook Malaysian politics, contributing to the 2018 downfall of the ruling coalition that had governed since independence in 1957, and led to the convictions of two former Goldman Sachs bankers.

Investigators said top officials used their ill-gotten gains to splurge on assets worldwide, including a luxury yacht, high-end real estate, Monet as well as Van Gogh paintings, and even to fund the Hollywood blockbuster "The Wolf of Wall Street".

Actor Leonardo DiCaprio testified in court about Low's wild spending sprees and lavish parties.

J.P.Estrada--TFWP