26-06-2024 20:09 via artnews.com

Jho Low Forfeits More than $100 M. in Assets, Including Warhol and Monet Artworks

The US Department of Justice has reached an agreement to recover more than $100 million in assets, including artworks by Andy Warhol and Claude Monet, linked to the 1MDB scandal.The federal department’s press statement said the agreement was with Low Taek Jho, also known as Jho Low, along with members of his family and trust entities that he established. The agreement resolves two civil forfeiture cases.These cases were brought against assets that Low and his family gained, allegedly by em
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