MALAYSIAN SUPER-CRIMINAL WITH ST KITTS CBI PASSPORT CHARGED WITH MONEY LAUNDERING

MALAYSIAN SUPER-CRIMINAL WITH ST KITTS CBI PASSPORT CHARGED WITH MONEY LAUNDERING

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The master Malaysian criminal, Jho Low*, who is busy evading arrest with his handy little St Kitts CBI passport, has been charged with seven counts of money laundering. Low has been accused of being a key player in the theft of $4.5bn from the government investment fund, known as 1 Malaysian Development Berhad (1MDB), which local media there have dubbed the country's biggest white-collar crime in its history.

The fraudster who also known as Low Taek Jho, is believed to have escaped via China, and Malaysian authorities believe he is attempting to reach the safety of St Kitts & Nevis, from which his citizenship will effectively guarantee immunity from extradition, and he will never face justice in Malaysia.

Low Hock Peng, the defendant's father, has been charged with one count of money laundering; it is not known if he also holds a St Kitts CBI pssport as well. 
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*St Kitts sold CBI Passport to Buyer from Malaysia, which prohibits Dual Citizenship
 
Chronicles of Monte Friesner - Financial Crime Analyst  
Contributed by Kenneth Rijock - Financial Crime Consultant