Seizure / forfeiture
Jho Low: $4.50B moved in 2020
US prosecutors traced $4.5bn diverted from Malaysia's 1MDB fund into property, art, a superyacht and film financing.
The figure
- Amount4,500,000,000 US dollars
- CategorySeizure / forfeiture
- CorridorKuala Lumpur, Malaysia → Geneva, Switzerland
- Distance10.2K km apart
- Year reported2020
- Documentation confidence97/100
What that amount buys
$4.50B is roughly 60 long-range private jets, 10.7K median-priced US homes, or 55.8K years of median US household income.
Jho Low is publicly known as financier, 1mdb scandal. The arc drawn for this entry joins Kuala Lumpur and Geneva because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →