Malaysia seeks $35 million private jet linked to 1MDB scandal


KUALA LUMPUR (Reuters) - Malaysia is seeking to repossess a $35 million private jet owned by financier Low Taek Jho as part of investigations into a multi-billion dollar scandal at state fund 1MDB, Prime Minister Mahathir Mohamad said on Sunday.The financier, also known as Jho Low, bought the Bombardier Global 5000 jet for $35.4 million in 2010 using funds allegedly taken from 1Malaysia Development Berhad (1MDB), the U.

S. Department of Justice (DOJ) has said. Authorities in Malaysia and the United States are investigating how billions of dollars.

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