KUALA LUMPUR: The settlement reached between businessman Low Taek Jho and the United States' Department of Justice (DoJ) reported recently was negotiated by a highly-paid legal team led by former New Jersey governor Chris Christie, according to the Singapore Straits Times. The settlement between Low and the US DoJ puts an end to the Penang-born man's contest to assets amounting to US$900 million or RM3.74 billion. The Straits Times said legal sources believe another settlement was possible in the coming months. Initially, Low's legal team was made up of Kobre & Kim and Lowenstein and Sandler. The Straits Times quoted another lawyer close to the situation as saying that Low was either the first, or one of Christie's first clients.

Source: New Strait Times November 03, 2019 08:15 UTC