The man behind history's largest financial fraud — spanning Malaysia, the United States, and beyond — must face justice. A pardon would betray every victim and every dollar stolen.
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Low Taek Jho orchestrated the theft of billions from 1MDB, a Malaysian sovereign wealth fund established to benefit ordinary Malaysians. That money went to superyachts, Picassos, casinos, Hollywood productions, and an extravagant global lifestyle.
Any pardon would set a precedent that the ultra-wealthy can evade accountability by purchasing political access. We will not allow this.
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Eight countries, dozens of charges, billions in stolen assets — a pardon cannot erase this record.
The DOJ filed the largest kleptocracy asset recovery action in US history, targeting over USD $4.5 billion allegedly misappropriated from 1Malaysia Development Berhad (1MDB). Jho Low is identified as the central orchestrator. Assets targeted include luxury real estate, yachts, private jets, fine art, and film production interests.
A federal grand jury in the Eastern District of New York indicted Jho Low for conspiracy to commit money laundering and to violate the Foreign Corrupt Practices Act (FCPA). Low allegedly bribed officials across Malaysia, Abu Dhabi, and elsewhere to facilitate billions in theft from 1MDB.
Malaysian prosecutors charged Jho Low with 37 counts of money laundering and abetting corruption relating to funds siphoned from 1MDB and SRC International. Malaysian courts have issued arrest warrants. Low refuses to return, claiming political persecution.
The 300-foot superyacht MV Equanimity, purchased with 1MDB funds for ~USD $250 million, was seized by Indonesian authorities in February 2018 on a US DOJ request. It was later auctioned by Malaysia for USD $126 million.
Goldman Sachs paid USD $2.9 billion to resolve charges that its bankers helped Jho Low steal billions from 1MDB through three bond offerings totalling USD $6.5 billion. Goldman's subsidiary pleaded guilty to an FCPA felony. The DOJ cited Low as the architect of the bribery scheme.
Red Granite Pictures, producer of The Wolf of Wall Street, was co-founded with 1MDB funds channelled by Jho Low. The company agreed to forfeit USD $60 million after admitting its films were financed with stolen money.
The DOJ seized numerous luxury properties purchased with 1MDB funds at Jho Low's direction, including a USD $17.5M Park Lane penthouse in New York, a USD $39M Aman hotel penthouse, and a USD $33.5M Beverly Hills mansion known as "The Equinox".
MAS fined six banks SGD $27.7 million for 1MDB-related AML failures. BSI Bank and Falcon Bank had their Singapore licenses revoked. Jho Low was identified as the key figure using Singapore as a laundering conduit.
Global media coverage and investigative documentaries on the 1MDB scandal and Jho Low.
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