Malaysia
Jho Low ready to address other issues after US DoJ settlement
According to an interview, tycoon Jho Low says he is not involved in the financial predicament facing 1 Malaysia Development Bhd (1MDB).

KUALA LUMPUR, Oct 31 — Fugitive financier Jho Low is ready to address issues related to the 1MDB scandal in Malaysia or elsewhere, a spokesman from the Wells Haslem Mayhew Strategic Public Affairs agency who handles press matters on behalf of Low said today.

The US Justice Department reached a settlement deal with Low yesterday to recover almost US$1 billion (RM4.2 billion) in funds linked to the scam.

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"This agreement with the US government is the result of a multi-year collaborative effort, which has fostered a spirit of cooperation that Mr. Low hopes will continue going forward,” the spokesman told Reuters.

"If and when Mr. Low is confident that he will be safe and treated fairly, he looks forward to addressing any remaining issues.” — Reuters

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