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Jho Low & Eric Tac to be charged for laundering US$125.97m
« on: December 04, 2018, 04:41:53 pm »
KUALA LUMPUR (Dec 4): Fugitive financier Low Taek Jho and his associate Eric Tan Kim Loong are to be jointly charged in absentia in court today for allegedly laundering a total of US$125.97 million.
It is understood that the prosecutors will ask court to issue warrants of arrest against them.

The two have been accused of laundering US$113.43 million and US$12.54 million being proceeds of unlawful activity they had received into ACME Time Ltd’s account in RBS Coutts Bank Ltd, Singapore.

More at https://tinyurl.com/yavxdg4h