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Low, who was charged in 2018 but has evaded arrest, submitted a pardon application to the US Justice Department this year, according to a notice on the DOJ’s website.
He is accused of being the architect of a scheme that siphoned at least US$4.5 billion from Malaysia’s sovereign wealth fund, 1Malaysia Development Berhad, or 1MDB.
Federal prosecutors allege Low, with the help of two former Goldman Sachs bankers, paid about US$2 billion in bribes to foreign officials, including former Malaysian prime minister Najib Razak, who ended up in prison.
Another US$1 billion in kickbacks went to the scheme’s participants, with Low pocketing at least US$1.42 billion, US officials alleged.
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According to the DOJ website, the request for “Taek Jho Low” seeks a “Pardon after Completion of Sentence”. The status of his request was “pending”. No other details were available.
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