JOURNAL ARTICLE

Alleged 1MDB Mastermind Jho Low Sought Presidential Pardon.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Hurtado, Patricia; Melin, Anders 3 of 3

Abstract

The article focuses on Jho Low, a Malaysian financier accused by the US of orchestrating a $4.5 billion fraud involving Malaysia's sovereign wealth fund, 1Malaysia Development Berhad (1MDB). Despite being charged in 2018 and remaining a fugitive, Low has applied for a presidential pardon from the US Justice Department, with the request currently pending. The 1MDB scandal implicated former Malaysian Prime Minister Najib Razak, who has been convicted and imprisoned, while Malaysia has recovered a significant portion of the misappropriated funds. The article also notes related legal developments involving former Goldman Sachs bankers connected to the case and highlights the broader controversy surrounding potential pardons for individuals convicted of financial crimes. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/05, pN.PAG
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2026
  • Accession Number:193709681
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