Jho Low’s antics have been hitting the airwaves and art world since 2014. Now, Malaysia has charged him with money laundering and is asking Interpol to help locate the “criminal”. You might wonder why we are covering this one? Well, some of the $4.5 billion in misappropriated funds were used to buy expensive works of art – Monet, Picasso, etc. I cannot wait for the movie.
Source: Malaysia Seeks Jho Low’s Arrest After Money Laundering Charges – Bloomberg
Earlier stories:
Art Dealer Claims Monet in 1MDB Scandal
Law Firm’s Accounts Pose Money-Laundering Risk
An Auction House Learns the Art of Shadow Banking