05-12-2018 06:03 via kvoa.com

Malaysian fugitive financier, 4 others face new 1MDB charges

KUALA LUMPUR, Malaysia (AP) — Malaysian police say they have filed new criminal charges against fugitive financier Low Taek Jho and four others over the multibillion-dollar looting of state investment fund 1MDB.
Low is wanted for his alleged role as the mastermind in a massive money laundering and bribery scheme that pilfered billions of dollars from the indebted 1MDB fund. He remains at large but maintains his innocence. Last month, U.S. prosecutors charged Low and two former Goldman Sach
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