In response to media queries, the Police said that the settlement agreement on 26 June 2024 between the United States Department of Justice (“US DOJ”) and Low Taek Jho and his family, for the civil forfeiture actions instituted by the US DOJ against them, has no bearing on the Police’s criminal investigations against Low and his associates. Our Interpol Red Notice against him remains in effect.
To date, the Singapore authorities have obtained court orders to release about S$103 million of the seized 1MDB-related monies to the Malaysian government.
About S$164 million of 1MDB-related assets in Singapore remain seized or prohibited from disposal.
This includes about S$101 million linked to Low and his family. The Police, together with the Attorney-General’s Chambers, are working with our foreign counterparts to return these assets to Malaysia in accordance with the terms of the settlement agreement between Low and his family members and the US DOJ, and with our laws.
SINGAPORE POLICE FORCE
16 July 2024 @ 3:30 PM