Low Taek Jho is one of three individuals named in the DoJ action
SINGAPORE: The island nation's Commercial Affairs Department (CAD) says it is investigating elusive Malaysian tycoon Jho Low (pic), his close business associate Eric Tan Kim Loong, and Mohamed Badawy Al Husseiny in relation to the money-laundering operation linked to 1Malaysia Development Board.
CAD investigation officer Oh Yong Yang told the court on the eighth day of the trial of former BSI banker Yeo Jiawei that the three men are "persons of interest" in the CAD's probe of the "complex, sophisticated and largest money laundering case involving billions of dollars in transactions".
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