Malaysia said to plan arrest of Jho Low and ex-Goldman banker Ng

KUALA LUMPUR/SINGAPORE (June 7): Malaysian authorities conducting a probe into troubled state investment fund 1MDB have issued an arrest warrant for financier Low Taek Jho and are preparing warrants for two others, including a former Goldman Sachs Group Inc banker, people with knowledge of the matter said.

The Malaysian Anti-Corruption Commission has also issued an arrest warrant for Nik Faisal Ariff Kamil, a former official at a 1Malaysia Development Bhd unit, according to one of the people. The agency is preparing warrants for the fund’s ex-chief, Shahrol Halmi, and Roger Ng, a former Goldman Sachs banker focused on Malaysia who left the firm in 2014, the people said.

The four individuals haven’t been charged with any wrongdoing, and it isn’t clear what suspicions underpin the warrants. Their representatives declined to comment or weren’t immediately reachable. A representative for the MACC declined to comment.

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