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U.S. charges Ex-Fugees rapper, Malaysian businessman Low over funding in 2012 election
[Reuters] The U.S. Justice Department announced on Friday it had charged former Fugees rapper Prakazrel "Pras" Michel and wealthy Malaysian businessman Low Taek Jho, popularly known as "Jho Low," for conspiring to steer illegal foreign campaign funds into the 2012 presidential election. According to the unsealed indictment, between June 2012 and November 2012, Low directed the transfer of approximately $21.6 million (£16.6 million) from foreign entities and accounts to Michel to be funnelled into the U.S. election while disguising it as legitimate campaign contributions. Low faces separate criminal charges in the United States in connection with a multi-billion-dollar scandal at Malaysian state fund 1Malaysia Development Berhad (1MDB). Low has been identified by Malaysian and U.S. investigators as a central figure in the alleged theft of about $4.5 billion from 1MDB. Posted by: Omomong Omique2579 2019-05-12 |
| http://www.rantburg.com/poparticle.php?ID=540789 |