Jho Low reaches settlement with US DoJ, to forfeit US assets worth US$670 milLow Taek Jho, the alleged mastermind behind the 1MDB saga, has reached a settlement with the US Department of Justice in respect of the civil forfeiture proceedings brought against him, The Edge Singapore understands.
Under the terms of settlement, Jho Low, as he is more popularly known, is willing to have all his assets in the US forfeited. The assets are valued conservatively at US$670 million (RM2.8 billion)