Jho Low, the fugitive Malaysian financier accused of stealing billions from the Malaysian sovereign fund known as 1MDB, and who is currently a fugitive from justice, thanks in part to his St Kitts CBI passport, is under US Department of Justice investigation, due to his links to a support network composed of associates of President Donald Trump. Additionally, Jho may have given laundered criminal proceeds to pay his American attorneys, including former New Jersey Governor Chris Christie.
Jho's associates have allegedly called upon close Trump friend and fundraiser, Elliott Broidy, to assist him. Jho, also known as Low Teak Jho, allegedly took $4.5bn from the 1 Malaysian Development Berhad and laundered it through the global banking system. It is not known whether any of those proceeds of crime ended up in St Kitts' banks, but legal observers in Malaysia believe Jho is attempting to reach St Kitts, which provides a non-extraditable safe haven for its citizens, CBI passport holders included.
Questions have been raised regarding how St Kitts approved Jho's CBI application, given the circumstances surrounding the billion dollar theft in which he was the primary player, according to Malaysian government authorities.
Chronicles of Monte Friesner - Financial Crime Analyst
Contributed by Kenneth Rijock - Financial Crime Consultant