Leading Malaysian politician Anwar Ibrahim says a fugitive tycoon accused of ransacking a state investment fund will be given a fair trial, while hinting that more former officials could be tried on corruption charges.
Malaysian and US prosecutors have charged Low Taek Jho, also known as Jho Low, for his alleged role in an epic money laundering and bribery scheme that pilfered billions of dollars from the indebted 1MDB fund.
Attending an economic forum in Singapore, Anwar said Tuesday he was "quite pleased" with the developments in the case so far and that investigations in the US, Malaysia and Singapore and other places were "progressing very well."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of 5 free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app