New charges for fugitive financier

Kuala Lumpur – Malaysian police filed fresh criminal charges and issued arrest warrants for fugitive financier Low Taek Jho and four others wanted in connection with a multibillion-dollar scandal at state fund 1MDB, officials said yesterday.

Low has been identified by Malaysian and US investigators as a central figure in the alleged theft of about $4.5 billion (R61 billion) from 1Malaysia Development Berhad.