SINGAPORE (July 5): Low Taek Jho, better known as Jho Low, and Eric Tan Kim Loong are still very much on the Wanted List of the Singapore Police for their roles in 1MDB corruption scandal, says a police spokesperson.
The arrest warrants were first issued via the Interpol “Red Notice” back in April and May 2016 respectively for Low and Tan.
"To date, both the warrants of arrest and Red Notices are in force. Low Taek Jho and Tan Kim Loong remain key persons of interest to Singapore," says a Singapore Police Force spokesperson on July 5.
Earlier on July 4, Malaysia’s former prime minister Najib Razak was charged in a court in Kuala Lumpur.
Just as Najib appeared in court, Ravi Menon, managing director of the Monetary Authority of Singapore, said the investigations by Singapore authorities on 1MDB-related transactions are ongoing and that Singapore is “looking forward” to interviewing certain individuals whom he did not name.
Besides Low and Tan, earlier reports have indicated that former Goldman Sachs executive Roger Ng is being investigated as well.
Meanwhile, information exchanges and meetings between Singapore and Malaysia are on-going. Menon added that Singapore has been providing information to Malaysia since 2015 and that the tempo has stepped up after investigators in Malaysia acted more decisively following the change of government in May.
On June 8, Singapore authorities announced that a second bilateral meeting of the regulators, law enforcement and prosecutors of both sides took place the day earlier.
Since then, several more such meetings have taken place here. "Singapore has been providing Malaysia with information on 1MDB-related fund flows, since March 2015 to date, and this has been acknowledged by Malaysia," the spokesperson says earlier today.
