Singapore issued warrant of arrest for Jho Low in 2016

SINGAPORE: The Singapore authorities issued warrants of arrest in April-May 2016 and at Singapore's request, Iinterpol published Red Notices in October 2016, for Low Taek Jho and Tan Kim Loong, who are suspected to have committed offences in Singapore and cannot be located here.

In a joint statement yesterday, the Attorney-General's Chambers (AGC), Commercial Affairs Department, Singapore Police Force (CAD) and Monetary Authority of Singapore (MAS) said all members of Interpol, including Malaysia, would have been aware of the Red Notices when they were published.

They said Singapore's law enforcement and regulatory agencies had been actively investigating possible money laundering and other offences pertaining to 1MDB-related fund flows since March 2015.

Singapore does not tolerate the use of its financial system as a refuge or conduit for illicit funds.

“We have taken strong action against financial institutions and individuals who have broken laws within our jurisdiction in connection with 1MDB-related fund flows, including criminal charges and convictions, as well as large financial penalties.

“Investigations are continuing into several other individuals suspected of being involved in 1MDB-related offences in Singapore,” they said.