Thursday, 10 November 2016

Jho Lo. Bad Boys. Inner Circle

Is the band who rocked the USA charts in 1993, with the single bad boys.

The song goes like this :

Watcha gonna do
When they
Come for
U.

Well, Jho Low might be having similar thoughts tonite. Read below to find out why:

Singapore's white-collar crime unit for the first time on Thursday identified Malaysian businessman Low Taek Jho as a key figure in the money laundering investigation linked to scandal-tainted 1MDB fund.

The revelation came from an investigator during the trial of a former wealth manager of Swiss private bank BSI in Singapore's most high-profile money laundering case. 

Low is also among the people named in civil lawsuits filed by the U.S. Department of Justice, which alleged that more than $3.5 billion was allegedly misappropriated from 1MDB.

Singapore authorities have also frozen Low's assets, however the 34-year-old has not been charged with any offense in the investigations into 1MDB.