US government reveals the list of lavish items seized from a financier - News Summed Up

US government reveals the list of lavish items seized from a financier


Financier Low Taek Jho, known popularly as Jho Low, is the central figure accused of stealing about $4.5 billion from 1Malaysia Development Berhad (1MDB), a Malaysian government investment fund. The New York Times reports that the effort to recover all of the items included several federal agencies and investigators from several foreign countries. Among the items bought was a $250million yacht called the Equanimity that was custom-built and included a movie theater and a helicopter pad. Low didn't just spend money on himself, he also gifted extravagant items including a see-through acrylic grand piano to supermodel Miranda Kerr in 2014. Low didn't just spend money on himself, he also gifted extravagant items including a see-through acrylic grand piano (pictured) to supermodel Miranda Kerr in 2014.


Source: Daily Mail December 09, 2018 16:42 UTC



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