Criminal case
United States v. Low Taek Jho and Ng Chong Hwa
- Authority
- US District Court for the Eastern District of New York
- Case number
- Not published on the release we read
- Filed or opened
- 1 November 2018
- Organization
- 1Malaysia Development Berhad
- Current stage
- Charges against Low pending, Low at large as of October 2026S2
- Outcome
- Pending as to Low, who remains at largeS2
Decisions and steps
- Indictment of Low and Ng announcedS2
Claims this case bears on
- Unresolved77The US Department of Justice announced on 1 November 2018 that Low Taek Jho, known as Jho Low, was indicted for conspiring to launder billions of dollars embezzled from 1MDB and that he remained at large.Regulator statement, 1 November 20183 records citedMoney laundering
- Partly supported62The Edge Malaysia reported that Jho Low, in a statement of defence, said the October 2019 settlement with the US Department of Justice did not constitute an admission of guilt or any wrongdoing.Press report, 28 January (year not shown on page)4 records citedMoney laundering
Sources
- S2Tier A Malaysian Financier Low Taek Jho, AKA Jho Low, and Former Banker Ng Chong Hwa, AKA Roger Ng, Indicted for Conspiring to Launder Billions of Dollars in Illegal ProceedsUS Department of Justice, Eastern District of New York. Government press release. 1 November 2018.DOJ release announcing the 1 November 2018 indictment of Low and Ng. Supports the charge and that Low is at large. An indictment is an allegation.