The US government has filed lawsuits aiming to seize a London penthouse allegedly acquired with funds from 1MDB, The Wall Street Journal (WSJ) reported.

Controversial businessman Low Taek Jho, better known as Jho Low, bought the penthouse, an office building and another flat, which are all located at the upmarket Mayfair district using £77 million (RM416 million at current rates) from Malaysia’s state-owned fund.

This is according to a court document filed on June 7 by the US Department of Justice (DOJ) in the US District Court for the Central District of California.

In July 2016, the DOJ had filed a civil forfeiture suit in Los Angeles seeking to seize properties worth about US$1 billion (RM4.26 billion at current rates) linked to 1MDB, as part of the US$3.5 billion it says was misappropriated from the state fund.

The London properties are the latest in a string of houses, artworks and other assets scattered around the world that have been targeted for seizure by the DOJ.

“Low acquired an interest in the Stratton penthouse and the Stratton flat using 1MDB proceeds. Low used funds traceable to misappropriated 1MDB proceeds to purchase the Stratton office,” DOJ said in its filing.


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