Jho Low

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It is one of The World 's largest financial scandals.

billions of dollars from a state Fund to help the Malaysian people was lost, disappeared into the shadow of the global financial system.

According to U.S. and Malaysian prosecutors, The Money lined the pockets of a few powerful individuals and was used to luxury, Real Estate , private jet, Van Gogh and Monet art works and to Finance, buy a Hollywood blockbuster.

Outcry over the Alleged plunder of 1MDB has reverberations in the whole world, with the authorities in at least six countries, a vast network of financial transactions to explore the havens of Swiss banks, the island tax, in The Heart of South-East Asia .

The scandal even led to The Fall of the Political Party that has ruled Malaysia for all of its history as an independent nation.

Goldman Sachs , one of Wall Street 's most powerful banks, is to defend with a view to criminal charges in Malaysia , in which he says, that it intends to vigorously. Meanwhile, a refugee playboy-numbers in the USA and in Malaysia , remains on the Run - His infamous $250m luxury super yacht is now in the hands of the authorities.

All eyes are now on the Malaysian capital Kuala Lumpur , where the former Prime Minister and ex-Chairman of the 1MDB Advisory Board, Najib Razak On Trial in The First of several cases against him.

The cast of characters, the 1MDB scandal paints a picture of a truly global Saga of the journalists who tenaciously followed The Money to The International elite, who supposedly have benefited.

Najib Razak In the centre of the history of Malaysia 's former Prime Minister : The Once untouchable man with a "bold and courageous" sovereign Fund in 2009 to advance the nation's Economic Development - just to see, bring him and His political dynasty down in disgrace nine years later. To understand

in order to really, Najib Razak , is to check its roots. The eldest son of Malaysia second Prime Minister Abdul Razak , and The Nephew of His third, he comes from the political aristocracy. When he finally became Prime Minister in 2009 - as The Head of The Party , the Malaysian policy has dominated for half a Century - it seemed that he was finally below a predetermined role.

An Anglophile, Mr. Najib completed His secondary education in the UK, Malvern College, a prestigious Private School , before studying industrial Engineering at the University of Nottingham.

background and His rhetoric installments over the meaning of "fashion" Islam is a natural fit made him with Western contemporaries, such as David Cameron and Barack Obama .

Once upon a time, Mr Najib and Barack Obama were Golf-buddies, But there were clouds about him from the beginning of His term of office. Questions about a French U-boat-Deal in 2002, as he followed the Minister of defence of the new PM. It was Alleged that some $130m was paid in bribes as part of the $1. 2 billion Deal - which Mr Najib has always denied.

anyone who questions served as an interpreter for the submarine Deal . A French investigation will continue, while the new Malaysian government has recently re-opened its probe. Mr Najib, he insists never met The Woman .

David Cameron and Najib Razak to 10 Downing Street (note: Both of these men are no longer in force), Najib Razak 1MDB was established in 2009 as a way to manage resource-rich Malaysia , the wealth with strategic investments. Big red flags were raised, in the year 2015, when it missed payments for some of the $11bn (£8. 3 billion) is owed to banks and bondholders - even though investigators and journalists has long been the case.

In July 2016 (later the number increased to More Than $4. 5 billion )

"A Number of corrupt officials," said the American attorney General Loretta Lynch , "treated the Public Trust as a personal Bank account".

The suit named Alleged perpetrator was But a "Malaysian Official 1" untitled. MO1, to be later confirmed, Najib to Razak, was received from His own government, supposedly by US prosecutors $681m stolen funds But , again, most of them.

He was cleared of all wrongdoing by Malaysian authorities while he was in office, But after His party moved the shock defeat in last year's parliamentary elections, The Tide has turned dramatically.

Several of His homes have been raided and The Police with a wealth of luxury goods and $28 seized. 6m (£21. 3m) in cash. There are currently 42 charges against him for Alleged corruption, Money Laundering and abuse of power. He has pleaded Not Guilty to all charges, and managed His Innocence - conducted by him and a choir.

Rosmah MansorThe output behavior of Najib Razak 's wife is were compared to those of Imelda Marcos and Marie Antoinette . Since her husband lost power, Rosmah Mansor , 67, formally of Money Laundering and Tax Evasion , to which she has pleaded Not Guilty accused.

Ms Rosmah's expensive tastes, were often ridiculed in Malaysia , where they sharply criticized, because he hit it out of the contact with normal people, the fight to end. In the year 2018, very public police raids at properties with her and her husband, the Social Media lit up like images of supermarket trolleys Packed with More Than 500 luxury handbags, hundreds of watches and 12,000 articles of jewelry are said to be worth up to $273m Malaysians confirmed the suspicion that your First Family had lived a Wild and dissolute life.

Rosmah Mansor is larger than life persona and much-publicized fondness for Hermes Birkin bags her to appear in court under a lot of scrutiny.

"isn't she rude But she is also not especially friendly or bubbly. In Person , she comes across bossy," says Reuters news agency Malaysia correspondent Rozanna Latiff. "On days that Rosmah Mansor is called in for questioning, there is a lot of interest in your outfits and bags. "

Mahathir MohamadIt the political comeback story like No Other : at 93, Mahathir Mohamad, The Man who dominated Malaysian politics as Prime Minister in the 1980s, 1990s and early 2000s, is back in form and leading Malaysia .

His return to the political struggle was motivated to plunge through a clear Desire to, Najib Razak , of His former protégé.

"I apologize to all that I'm The One who raised him, the biggest mistake in My Life . I would like to correct that mistake," Mr Mahathir said on The Campaign trail in early may of 2018, according to breakaway from the opposition, Mr Najib.

A few days later, he shocked The World by defeating His former party, the running in Malaysia for More Than half a Century .

Mr Mahathir return to resonance with Malaysians, to bring many of whom are masters of their new efforts of the government of those who looted allegedly 1MDB to justice. But political observers note that the elder statesman not Only of Mr Najib way to power is paved, But was also accused of an authoritarian during His long tenure at The Top .

Jho Low -the Chinese-Malaysian donor, from the bustling island of Penang, Low Taek Jho better known as Jho Low is shown by the Malaysian and US investigators as one of the masterminds of the 1MDB fraud.

Despite never having a formal position of the Fund, he claimed, played a crucial role in their activity. And it was His savvy networking and smart business that allows him to thrive, say journalists, Bradley Hope and Tom Wright in your 2018 best-selling billion-Dollar-whale, tells, Jho Low , and His Alleged exploits.

"Jho Low is The Most interesting person in the 1MDB affair, a mysterious master of ceremonies," Hope told the BBC. "It was clear early on he was the connection point between all the parties involved in the 1MDB Fund and the Only one with a 360-degree view of the multi-billion-dollar Scheme . "

US prosecutors say that Mr Low leveraged His powerful political connections to win business for 1MDB by the payment of hundreds of millions of dollars in bribes. and buy some of The World 's most expensive Real Estate , coveted works of art, and financed Hollywood movies.

See: Jho Low -infamous $250 million-luxury-mega-yacht, The equanimity, was A Man known for mixing business with a lot of joy. Lavish parties and high-profile friendships with Arab Royal family and A-list celebrities, fueled His rapid ascent to The Top . Britney Spears even popped out of His Birthday Cake year the 2012 Vegas bash.

The Reporter to speculate in your book that at one point, Jho Low may have had More access to cash than almost any other on earth.

But The Fall Najib Razak 's government proved to be a bad message for Mr Low. Criminal charges were filed, and he wanted to. now in several countries His current whereabouts are unknown, But . His lawyers say he can have a Fair Trial in Malaysia .

"Jho Low 's driven, But he is also fussy and terribly sloppy. He was desperately building an Empire with money that was not to be and at the end of His entire Scheme , said desperate and untenable," Hope .

Timothy leissner that Leonardo Dicaprio Film

1mdb corruption scandal, mahathir mohamad, kuala lumpur, malaysia, goldman sachs, najib razak

Source of news: bbc.com