By Nur Ashikin Abdul Aziz
SINGAPORE, July 16 (Bernama) -- The Interpol Red Notice against Malaysian fugitive businessman Low Taek Jho or Jho Low, published at Singapore’s request on October 2016, remains in effect.
Singapore Police Force (SPF) said the settlement agreement between United States Department of Justice (DOJ) and Jho Low and his family on June 26, for the civil forfeiture actions instituted by the DOJ against them, has no bearing on the police’s criminal investigations against Low and his associates.
“Our Interpol Red Notice against him remains in effect,” the SPF said in a statement Tuesday, in response to media queries.
To date, the Singapore authorities have obtained court orders to release about S$103 million (S$1=RM3.48) of the seized 1MDB-related monies to the Malaysian government.
About S$164 million of 1MDB-related assets in Singapore remain seized or prohibited from disposal, including about S$101 million linked to Low and his family.
“The police, together with the Attorney-General’s Chambers, are working with our foreign counterparts to return these assets to Malaysia in accordance with the terms of the settlement agreement between Low and his family members and the US DOJ, and within our laws,” it said.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
