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Fugitive Malaysian financier Jho Low, alleged mastermind of 1MDB scandal, seeks Trump pardon: report
The request is listed as pending, and the 1MDB scheme allegedly siphoned at least $4.5 billion from Malaysia’s sovereign wealth fund, officials said.
- Fugitive financier Jho Low submitted a pardon application to the Justice Department on Tuesday, seeking clemency from President Donald Trump after being ordered to serve a two-year prison term in February for his role in the Development Berhad fraud.
- Federal prosecutors allege Low orchestrated a scheme siphoning at least $4.5 billion from Development Berhad, a fraud that toppled the Malaysian government and prompted multiple criminal prosecutions, forcing Goldman Sachs Group to settle misconduct claims for more than $5 billion.
- According to the Justice Department website, the application for Taek Jho Low is listed as "Pardon after Completion of Sentence" with status marked "Pending," while neither the Brooklyn Office nor Low's lawyer responded to requests for comment.
- Former Goldman Sachs Group banker Tim Leissner testified that Low claimed President Donald Trump was directly involved in ending the probe and had support from Jared Kushner, a senior White House adviser at the time.
- Leissner pleaded guilty and testified at the 2022 trial of Roger, providing evidence in the broader scheme, as a presidential pardon could undermine legal accountability and complicate asset recovery for victims of the Development Berhad fraud.
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Fugitive Malaysian financier Jho Low, alleged mastermind of 1MDB scandal, seeks Trump pardon: report
Malaysian financier Low Taek Jho, widely known as Jho Low and now a fugitive, has sought a pardon from President Trump, the Wall Street Journal reported Tuesday.
·New York, United States
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Coverage Details
Total News Sources16
Leaning Left1Leaning Right4Center6Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
C 55%
R 36%
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